China
Crude Oil , International
OPEC+ Working on Complex Oil Cut Extension Deal for 2024-2025, Sources Say
The OPEC+ deal might include extending some or all of the current voluntary production cuts of 2.2 MMbbl/d.
International , Crude Oil , Natural Gas
Calmer Waters May Be Ahead for Oil and Gas, Despite Wild Cards
Looking forward, while supply disruptions remain a possibility, the energy market’s nervousness is easing.
Trade , International
US Weighs Additional Sanction Steps as Russia Shifts War Footing, White House Says
Russia-China trade has dropped since U.S. President Joe Biden had expanded Treasury's ability to target financial institutions, adding authorities may expand further.
Acquisitions & Divestitures , Business
Chevron-Hess Deal: To Vote or Not to Vote, That is the Question
A Hess Corp. proxy vote related to the company’s proposed $53 billion all-stock merger with Chevron Corp. has divided shareholders ahead of a May 28 deadline.
Crude Oil , International
What's Affecting Oil Prices This Week? (May 20, 2024)
U.S. economic activity, geopolitical uncertainty in the Middle East and the U.S.' recent hike in Chinese EV import duties all have a hand in the sway of oil prices this week.
Renewables , Bioenergy/Biomass , Hydrogen , Solar , Wind , Policy & Regulations
Energy Transition in Motion (Week of May 17, 2024)
Here is a look at some of this week’s renewable energy news, including more moves by the U.S. to strengthen and protect the U.S. solar panel manufacturing sector from China.
Imports , Markets , Energy Transition
US Hits China with Huge Tariff Hikes on Solar Cells, EVs, Batteries
The directive quadruples the tariff rate on electric vehicles from 25% to 100%, and the tariff rate for solar cells doubles to 50%.
Unconventional , Rig Counts , Reservoir Evaluation , Highlights , Field Development , Discoveries , Artificial Intelligence , Drilling , Subsea , Seismic
E&P Highlights: May 13, 2024
Here’s a roundup of the latest E&P headlines, with a couple fields coming online, as well as new contract awards.
Exploration & Production , Crude Oil , Trade , International
Petrobras Sending Nearly Half of Oil Exports to China
Conflict in the Middle East has enabled Brazil’s state-owned Petrobras to change the flow of its oil exports, with China being the primary beneficiary, followed by Europe.
Crude Oil
What's Affecting Oil Prices This Week? (April 29, 2024)
Stratas Advisors says even with the reported drawdown in U.S. crude inventories, the price of Brent crude oil remains below the upward channel that had been in place since January of this year.