U.S. Freeport LNG Export Plant Set to Resume Service After Outage | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 07, 2025, 10:30 AM CDT Freeport LNG in Texas is set to take more feedgas on Wednesday in a sign that the U.S. liquefied natural...Continue Reading

Crude oil inventories in the United States saw a decrease of 2 million barrels during the week ending May 2, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading down prior to the crude data release by the U.S. Energy Information Administration. On Tuesday, the American...Continue Reading

Slovakia Slams EU Plan to End All Russian Energy Imports by 2027 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – May 07, 2025, 10:00 AM CDT Slovakia’s Prime Minister Robert Fico labeled the EU’s energy phase-out plan as “economic suicide,” warning it would damage the...Continue Reading

Exxon to Invest $1.5 Billion in Deepwater Oilfields in Nigeria | 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 – May 07, 2025, 9:30 AM CDT U.S. supermajor ExxonMobil plans to invest...Continue Reading

Russia saw its budget revenues from oil and gas drop by 12% in April from a year earlier, due to the oil price rout last month, the Russian finance ministry said on Wednesday. Oil and gas revenues for the Kremlin dipped to $13.45 billion (1.09 trillion Russian rubles) in April, from $15.2 billion (1.23 trillion...Continue Reading

India Allows Long-Term Coal Contracts as It Boosts Power Capacity | 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 – May 07, 2025, 8:30 AM CDT India’s federal government eased on Wednesday...Continue Reading

Norway Eyes Oil and Gas Output Boost With New Licensing Round | 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 – May 07, 2025, 7:30 AM CDT Norway is looking to expand its oil...Continue Reading

Suncor Beats Analyst Forecasts With Q1 Results | 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 – May 07, 2025, 6:40 AM CDT Suncor reported first-quarter financial results beating analyst expectations on record production,...Continue Reading

India Strikes Pakistan as Conflict Shifts to Strategic Resources | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 07, 2025, 5:47 AM CDT India’s overnight missile strikes on Pakistani territory have sharply escalated tensions between the two nuclear-armed neighbors, as the conflict broadens from military...Continue Reading

The Market Is Well Supplied – So Why Is Saudi Arabia Raising Oil Prices? | 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 Premium Content By Irina Slav – May 06, 2025, 7:00 PM CDT OPEC+ unexpectedly increased its...Continue Reading