Lee Zeldin, administrator of the US Environmental Protection Agency (EPA), who obviously watches too many grade B movies, announced the upending of decades of environmental rules and regulations, which he declared, would constitute “a dagger straight into the heart of the climate change religion.” Removing those regulations would save $1 trillion in regulatory costs, he...Continue Reading

High Operating Costs Leave Europe’s Floating LNG Terminals Idle | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 18, 2025, 10:30 AM CDT Despite high natural gas prices and increased LNG demand in Europe after the end of Russian pipeline gas, floating LNG import terminals...Continue Reading

Oil Markets Refocus on Geopolitical Risk | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Mar 18, 2025, 9:55 AM CDT Oil markets are refocusing on geopolitical risk after the Israel-Hamas ceasefire broke down and the United States engaged the Houthis...Continue Reading

Russia Sees Slightly Lower Oil Production in 2025 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 18, 2025, 9:30 AM CDT Russia’s oil production this year is expected to be slightly lower compared to 2024, as Moscow will be compensating for previous overproduction per...Continue Reading

Turkey has started to diversify its oil supply away from Russia and is buying crude from as far as Brazil after its top refiner limited intake of Russian oil only to G7 price-compliant barrels, Bloomberg reported on Tuesday, quoting data from Vortexa. So far in March, Russian oil accounted for just 19% of all of...Continue Reading

Pipeline Explosion Hits Nigeria’s Oil Production and Exports | 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 – Mar 18, 2025, 8:30 AM CDT The Trans-Niger Pipeline, one of Nigeria’s biggest pipelines...Continue Reading

Trump Pledges a U.S. Coal Renaissance | 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 – Mar 18, 2025, 7:30 AM CDT President Donald Trump is authorizing the Administration to work to...Continue Reading

State Oil Firm PDVSA to Take Over Chevron Operations in Venezuela | 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 – Mar 18, 2025, 6:30 AM CDT PDVSA, the state oil firm...Continue Reading

Chevron Buys 5% in Hess, Signals Merger Going as Planned | 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 – Mar 18, 2025, 5:18 AM CDT Chevron has bought a stake of 4.99% in...Continue Reading

Oil Prices Jump as Israel Pounds Gaza Again After Ceasefire Deal Falls Apart | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 18, 2025, 3:30 AM CDT Israel has carried out “extensive strikes” on Gaza, killing at least 220, according to sources from both Israel...Continue Reading