Bolivia’s Lithium Ambitions Face Economic and Environmental Headwinds | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Jan 24, 2025, 2:00 PM CST Bolivia holds the world’s...Continue Reading
In an escalation of war, Ukrainian drones targeted the massive Ryazan oil refinery, one of Russia’s most critical energy assets. The overnight attack set a 20,000-ton oil storage tank ablaze and damaged vital infrastructure, including a hydrotreater and railway loading rack. This refinery, which processes 262,000 barrels per day (bpd)—nearly 5% of Russia’s refining capacity—ground...Continue Reading
The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, after a 4-rig drop in the week prior. The total rig count fell by four rigs, to 576, according to Baker Hughes, down 45 from this same...Continue Reading
India has received clarification from the U.S. that the Russian oil tankers sanctioned earlier this month are allowed to discharge their crude at Indian ports until February 27, Indian oil secretary Pankaj Jain said on Friday. “There was a round of clarification by OFAC (the U.S. Office of Foreign Assets Control). Formally they did clarify...Continue Reading
Saudi Oil Giant Aramco Buys Its First U.S. WTI Midland Crude Cargo | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 24, 2025, 10:30 AM CST The world’s biggest crude oil exporter, Saudi Aramco, bought this week its first cargo of U.S. WTI Midland, the...Continue Reading
Trump Pressures OPEC to Lower Oil Prices, Aims to End Ukraine War | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Jan 24, 2025, 10:00 AM CST...Continue Reading
(Bloomberg) – Chevron has completed an expansion at Kazakhstan’s huge Tengiz oil field, which is expected to pump 1 million bpd by mid-2025. The expansion comes as U.S. President Donald Trump this week said he’ll push OPEC and its allies to lower oil prices. SourceContinue Reading
Refinery Throughput at Sinopec Dipped in 2024 Amid Weaker Chinese Demand | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 24, 2025, 9:30 AM CST China Petroleum & Chemical Corporation, or Sinopec, saw its refinery throughput drop by 2.03% in 2024 from a year earlier,...Continue Reading
Europe’s Rush to Secure Natural Gas | OilPrice.com Premium Content By Editorial Dept – Jan 24, 2025, 8:30 AM CST Rare Texas Winter Storm Sends Energy Prices Soaring – An unprecedented winter storm that stretched from Canada all the way to the Gulf of Mexico has sparked another electricity price spike across the United States,...Continue Reading
By Editorial Dept – Jan 24, 2025, 8:30 AM CST Moscow’s newer strategy in occupied Ukraine is all about natural resources, including uranium, lithium, and coal, and its shifting of troops and target areas reflects this mineral grab that shows Washington’s decades-long lack of foresight. While natural resources did not appear to be forming Moscow’s...Continue Reading
