Venezuela Defies U.S. Sanctions as Oil Exports Hold Steady | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Jun 03, 2025, 10:30 AM CDT Venezuela’s oil exports remained largely unchanged in May...Continue Reading
bp and partners have approved the next phase of development of the Shah Deniz gas field. The $2.9 billion Shah Deniz Compression project is the field’s third phase of development. In addition to the project approvals, bp today completed an agreement with SOCAR to access two blocks in the Caspian Sea for exploration and development....Continue Reading
Liquefied natural gas (LNG) exports out of Russia fell by 3% in January through May from a year earlier, amid tighter EU restrictions on transshipment and U.S. sanctions on a new LNG project that can’t find buyers yet. Russia’s LNG shipments dipped by 3% year-over-year to 13.2 million tons in the first five months of...Continue Reading
The OPEC+ Nations That Were Reluctant to Boost Production | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 03, 2025, 9:30 AM CDT Unlike Russia and Oman, Algeria wasn’t initially in favor of a pause in the OPEC+ oil production increases at this weekend’s meeting,...Continue Reading
The Geopolitical Risk Premium Is Here to Stay | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – Jun 03, 2025, 9:00 AM CDT While oil prices spiked due to a combination of OPEC+ underwhelming markets and wildfires in Canada, a rising...Continue Reading
Diamondback Unit to Buy Sitio Royalties in $4-Billion All-Stock Deal | 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 Related News By Tsvetana Paraskova – Jun 03, 2025, 8:30 AM CDT Viper Energy, a subsidiary of Diamondback...Continue Reading
Crude Processing At One of Europe’s Top Refineries Goes Offline | 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 Related News By Tsvetana Paraskova – Jun 03, 2025, 7:30 AM CDT BP’s refinery in Rotterdam had both...Continue Reading
Tight Fuel Markets Boost Profits for Oil Refiners | 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 03, 2025, 6:39 AM CDT Global refining margins surged in May to the...Continue Reading
Brazil Looking for $6.2 Billion From Its Oil Industry | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Jun 03, 2025, 6:37 AM CDT Brazil’s government is looking to extract some $6.2 billion...Continue Reading
Oil Prices Extend Gains on Supply Worry | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Jun 03, 2025, 2:21 AM CDT Crude oil prices extended their climb that began Monday as concerns...Continue Reading
