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Caucasus Shale Oil Newswire

  • Published on Jul 23, 2025

    Changqing Oilfield's daily shale oil output surpasses 10,000 tonnes

    LANZHOU, July 23 (Xinhua) -- Changqing Oilfield, China's largest oil-and-gas field, on Wednesday announced that its daily shale oil output had totaled 10,006 tonnes -- a milestone in China's shale oil development. Located in the Ordos Basin, the …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on Jul 24, 2025

    American Chevron to cut 650 employees in Houston and North Dakota

    AK&M 24 July 2025 14:50 American Chevron Corp. It intends to cut about 650 jobs in Houston and North Dakota after the completion of the takeover of Hess Corp. for $53 billion. This is reported in a Chevron press release. In particular, 575 employees …

    Source: AK&M - Pending
  • Published on Jul 23, 2025

    U.S. crude oil production down from last week

    HOUSTON, July 23 (Xinhua) -- U.S. crude oil production averaged 13.273 million barrels per day (b/d) during the week ending July 18, down by 102,000 b/d from the previous week, the U.S. Energy Information Administration (EIA) said Wednesday. The …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on Jul 23, 2025

    Lycra athletic wear to be made with Iowa corn as Cargill opens renewable material facility

    On Tuesday, Cargill officials in Eddyville opened the company’s $360 million Qore facility, which will produce corn-based renewable materials. Several company executives, as well as state and local leaders were in attendance. Pictured above from left to …

    Source: Business Record - Iowa - Neutral
  • Published on Jul 23, 2025

    Shale Gas Could Save Pakistan’s Economy If The State Wakes Up

    In a time of crippling economic despair, when Pakistan’s financial arteries grow tighter by the day, the state has extended a desperate but hopeful hand to the world. Through the formation of the Special Investment Facilitation Council (SIFC)—a rare …

    Source: Friday Times - Pending
  • Published on Jul 22, 2025

    Halliburton CEO: Oil and gas markets are “softer” than expected and will remain weak for all of 2025

    A combination of weaker oil prices, widespread spending cuts, and ramped-up OPEC crude oil volumes created a softer-than-expected industry environment that will continue at least through the rest of 2025, the CEOs of oilfield services leaders Halliburton …

    Source: Fortune - Neutral
  • Published on Jul 22, 2025

    Cargill expands Eddyville plant to produce a bio-based alternative to petroleum materials 

    EDDYVILLE – Iowa-grown corn will soon end up in the fibers of Spanx apparel and other products typically made with petroleum-based components, manufactured at a new facility at the Cargill plant in Eddyville.  Qore, the joint venture between Minnesota- …

    Source: Iowa Capital Dispatch - Center-left
  • Published on Jul 22, 2025

    The ticking time bomb that the Middle East can turn out to be for US and world economy

    Conflict is reshaping the Middle East and energy markets, which are inextricably intertwined, in an unpredictable manner. The 12-day Israel-Iran war Complacent financial markets and policymakers are playing out a theatre of the absurd based on little …

    Source: The New Indian Express - Neutral
  • Published on Jul 22, 2025

    China’s fossil-fuel challenge — how to build a bridge to renewables

    As summer arrives in China, the country’s 2023 heatwave springs to mind. A period of extreme heat in June and July that year didn’t just scorch the land — it exposed a hard truth about China’s energy future. Temperatures in Xinjiang province shattered …

    Source: Nature - Neutral
  • Published on Jul 22, 2025

    China Begins Production at Large Oil Field in Bohai Sea

    [Tue, 22 Jul 2025 10:22:28 +0300] Beijing - Saba: China announced on Tuesday the commencement of production at a newly developed oil field in the Bohai Sea, marking a significant step in the country's offshore energy exploration. The China National …

    Source: Yemen News Agency SABA - Gov't Propaganda
  • Published on Jul 22, 2025

    Recalibrating Thai-US ties (once again)

    It is about time for Thailand to discard the two-century-old euphemism about enduring Thai-US ties and be brutally realistic. It is about time for a blunt question -- what can Thailand offer to reduce its soaring trade surplus of US$43 billion with the US? …

    Source: Bangkok Post - Center-right
  • Published on Jul 20, 2025

    Exxon, Chevron set stage for race for prize assets

    The high-stakes clash between Exxon Mobil and Chevron over a prized South American oilfield may be a sign of what’s to come in the oil and gas industry as competition for a shrinking pool of prime assets heats up. Chevron is set to finalise its US$53bil …

    Source: The Malaysian Star - Indeterminate
  • Published on Jul 20, 2025

    Global M&A slows but gas deals hold up

    Upstream merger and acquisition (M&A) activity fell sharply in early 2025, although gas deals are proving attractive, according to new research from Rystad Energy Global deal value plunged 39% from the fourth quarter of 2024 to just US$28bn in the …

    Source: Oil Review Middle East - Neutral
  • Published on Jul 20, 2025

    Oil Price Volatility and Higher Valuations Cause M&A Activity to Slow

    Upstream merger and acquisition (M&A) activity experienced a sharp downturn in early 2025, with global deal value plunging 39% from the fourth quarter of 2024 to just $28 billion in the first quarter of 2025 – less than half the $66 billion recorded in …

    Source: Oil Price - Neutral
  • Published on Jul 19, 2025

    West Lothian councillors stall plans for 56ft telecoms mast next to public work of art

    Plans to build a 56ft telecoms mast next to a piece of public art have been stalled by councillors. Under the proposal for Uphall, West Lothian, the new mast - the height of a five-storey building – would be installed 27ft away from an existing, slightly …

    Source: Edinburgh Evening News - Neutral
  • Published on May 27, 2025

    Russia Ups the Ante in the Baltic Sea

    In recent months, Russia has adopted a more assertive posture in the Baltic Sea, engaging in a series of provocative actions that appear aimed at raising tensions in the region. Leaders of the Baltic states have issued warnings about the growing risk of …

    Source: Militarnyi - Pending
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