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Top oilgasdaily.com News

OPEC+ to boost oil production by 548,000 barrels per day in August

Oil and Gas Sector · Saudi Arabia

OPEC+ to boost oil production by 548,000 barrels per day in August

45% Center coverage: 86 sources

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices this year.See the Story

Trump says China can buy Iranian oil, but urges it to purchase US crude

US Politics · United States

Trump says China can buy Iranian oil, but urges it to purchase US crude

43% Right coverage: 49 sources

U.S. Treasury and State department officials handling Iranian oil sanctions were surprised by Trump’s statement and uncertain how to immediately interpret it.See the Story

Drilling for water in Venezuela's parched oil town

Maracaibo · Maracaibo

Drilling for water in Venezuela's parched oil town

58% Center coverage: 36 sources

In Venezuela's oil capital of Maracaibo, a drilling frenzy has led to dozens of new wells -- but the valuable liquid being pumped out is just water, not petroleum.See the Story

Ecuador’s Main Oil Pipeline Restarts, Revealing Deeper Economic Risks

100% Right coverage: 2 sources

Ecuador’s OCP heavy crude pipeline started pumping again on July 7, 2025, after a week-long shutdown caused by severe erosion along the Loco River in the Amazon. The company built a temporary bypass to restore the flow, ending a suspension that began July 1 as a safety measure against further damage from heavy rains. This […]Oil and Gas Sector · Ecuador See the Story

Decoupled electrolysis method paves way for industrial-scale green hydrogen production

100% Center coverage: 1 sources

A recent review in Nature Reviews Clean Technology presents, for the first time, a pathway for scaling up decoupled water electrolysis (DWE) technologies to produce industrial-scale green hydrogen.See the Story

Blackout at refinery highlights Venezuela's oil industry crisis

Washington DC (UPI) Jun 25, 2025 - The Cardon refinery, Venezuela's second-largest with a capacity of 310,000 barrels per day, shut down after a power outage halted all operations. State oil company PDVSA tried to resolve the issue by transferring equipment from the nearby Amuay refinery.Oil and Gas Sector · Falcón Read Article

The Strait of Hormuz Is a Vital Route for Oil. Closing It Could Backfire on Iran

41% Center coverage: 95 sources

The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world's most important oil chokepoint…Donald Trump · Iran See the Story

US Urges China to Prevent Iran From Shutting Down Strait of Hormuz, Key Trade Route

47% Right coverage: 36 sources

US Politics · United States See the Story

How could Strait of Hormuz closure impact Americans?

100% Center coverage: 1 sources

If Iran closes the Strait of Hormuz, gas prices in the U.S. could surge due to disrupted global oil shipments.Oil and Gas Sector · Iran See the Story

Asian Countries Most Vulnerable to Strait of Hormuz Blockade

53% Right coverage: 32 sources

Around 84 percent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South Korea and others vulnerable should Iran blockade the crucial trading route over US strikes on its nuclear sites.Shane Jones · Iran See the Story

Shell to Face Full Trial in 2027 over Nigeria Oil Pollution Claims

100% Left coverage: 1 sources

The oil company will face a full trial in London's High Court over allegations it was legally responsible for legacy oil pollution in Nigeria, with a trial set for 2027Shell See the Story

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