U.S. Oil Producers Rushed to Hedge… Just in Time | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova – Jun 23, 2025, 7:00 PM CDT U.S. oil producers flocked to hedge higher...Continue Reading
Oil prices continue to plunge on Monday afternoon following US President Donald Trump’s announcement of a tentative ceasefire between Israel and Iran, significantly reducing geopolitical risk premiums. West Texas Intermediate (WTI) crude for August delivery fell as much as 5.1% to $65.02 per barrel during early trading in Asia, marking its lowest level since before...Continue Reading
What’s Next for Iran After the U.S.-Israel Strike on Its Nuclear Sites? | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Jun 23, 2025, 5:00 PM CDT...Continue Reading
Eni Reduces Staff at Iraqi Oilfield as Middle East Conflict Escalates | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 23, 2025, 4:30 PM CDT Amid the escalating conflict in the Middle East, Italian energy major Eni has reduced the number of staff at the...Continue Reading
How Falling Investment is Threatening Colombia’s Energy Future | OilPrice.com Matthew Smith Matthew Smith is Oilprice.com’s Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located… More Info Premium Content By Matthew Smith – Jun 23, 2025, 4:00 PM CDT Colombia’s oil industry is...Continue Reading
Delivered at its state-of-the-art GTSC training center in Dammam, 3t’s enhanced facilities and new programs mark a significant milestone in supporting female workforce participation and advancing Saudi Arabia’s Vision 2030. SourceContinue Reading
ROSEN UK has secured a major contract to provide design verification and subsea engineering support for one of the UK’s most significant carbon capture projects. As part of this contract, ROSEN will conduct comprehensive design verification of the project’s CO₂ transportation pipelines. SourceContinue Reading
Mermaid Subsea Services (UK) has successfully completed a complex wellhead severance project in the Southern North Sea. Previous efforts to remove the target well were unsuccessful, meaning Mermaid had to use dedicated precision subsea tooling and expert project execution to sever and recover the well conductor. SourceContinue Reading
It should come as no surprise that the two major conflicts raging in the world today involve large energy producers and exporters, namely, Iran and Russia. Energy resources, especially fossil fuels, attract conflicts because they are so unevenly distributed in the world and because despite this, everyone needs those resources. The simple fact is that...Continue Reading
Under the agreement, Cactus will build on its current use of SLB’s Precise™ automated drilling control systems by integrating DrillSync™, SLB’s automated controls platform and software suite. These technologies will work together to improve drilling efficiency SourceContinue Reading
