Lower Oil Prices Threaten Permian Basin Growth
By Rystad Energy – Apr 14, 2025, 4:00 PM CDT
US oil producers are struggling to defend…
Oil Traders Lurch From Praying for Volatility to Drowning in
(Bloomberg) — Until recently, oil traders complained that it was almost impossible to wring profits out of a…
Abu Dhabi Defies Oil Price Plunge to Keep Building Big at
(Bloomberg) — Abu Dhabi has spent the past few years funneling oil revenue into building everything from splashy…
Stocks Rebound Fizzles as Trump Goes on Offensive: Markets
(Bloomberg) — A rebound in US stocks evaporated this week after Chair Jerome Powell pushed back on the…
Fracker Liberty’s Profit Falls to 3-Year Low as Oil Slumps
(Bloomberg) — Shale fracker Liberty Energy Inc. posted its worst earnings in three years amid plunging oil prices…
U.S. Onshore Oil Production Faces Economic Policy Challenges
US oil and gas operators have encountered an avalanche of economic policy changes from the Trump administration over…
Vista Buys Petronas’ Argentina Oil Stake in $1.5 Billion
(Bloomberg) — Vista Energy, the No. 2 crude producer in Argentina’s burgeoning Vaca Muerta shale basin, has acquired…
Woodside hires Mexico Pacific CEO Sarah Bairstow as
Australia’s largest independent oil and gas company Woodside Energy has appointed Sarah Bairstow, the CEO of Mexico Pacific,…
Oil Prices Inch Higher, but Traders Remain Cautious
South Bow, operator of the Keystone pipeline, aims to resume Keystone Pipeline operations by Tuesday, April 15, following…
Chevron Ordered to U-Turn Venezuela Oil Ahead of Sanctions
(Bloomberg) — Chevron Corp. was ordered to return nearly 1 million barrels of Venezuelan oil to Petroleos de…
Trade War to Slash China’s Demand for Plastic Feedstock From
(Bloomberg) — China’s demand for some of the building blocks used to produce plastics is set to drop…
Spain’s Nuclear Shutdown Set to Test Renewables Success
(Bloomberg) — Spain is ignoring calls to reconsider its nuclear decommissioning plans, betting renewables and battery storage will…