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Vital Energy Reports First-Quarter 2025 Financial and Operating Results

Company Reaffirms Full-Year Capital Investment and Production Outlook TULSA, OK, May 12, 2025 (GLOBE NEWSWIRE) — Vital Energy, Inc. (NYSE: VTLE) (“Vital Energy” or the “Company”) today reported first-quarter 2025 financial and operating results. Supplemental slides have been posted to the Company’s website and can be found at www.vitalenergy.com. A conference call to discuss results is …

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Oil Prices Rise as Market weighs US-China Trade Developments

Summary • Markets cautious on US-China tariff relief • Increasing OPEC+ supply weighs on prices • Fuel demand and refining margins stable (Reuters) – Oil prices rose on Tuesday but gains were capped by rising supplies and caution over whether the pause in the U.S.-China trade war will lead to a longer-term deal. Brent crude …

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E&P Highlights: May 12, 2025

Here’s a roundup of the latest E&P headlines, including an alliance for cross-compression services and a boost in 4D seismic acquisition activity in Northern Europe.

GOP to Phase Out Biden Energy Credits to Pay for Tax Cuts

By Ari Natter House Republicans are proposing to eliminate a tax credit for electric vehicles and phase out incentives to develop clean-energy projects to help pay for President Donald Trump’s massive tax package. The incentives put in place by former President Joe Biden’s signature climate law have been ripe targets for lawmakers looking for trillions …

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China’s Recovery in Crude Oil Imports is More Bearish Than Bullish

By Clyde Russell LAUNCESTON, Australia, May 12 (Reuters) – China’s imports of crude oil edged into positive territory for the first months of the year, but rather than a sign of improving fuel demand, the recovery is more about rising inventories. The world’s biggest crude importer recorded arrivals of 11.69 million barrels per day (bpd) …

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Trump’s Energy Department Unveils Broad Rule Changes Aimed at Cutting Red Tape

(Reuters) – The U.S. Department of Energy on Monday proposed to eliminate or change more than 40 regulations and programs to align them with President Donald Trump’s efforts to relax federal rules and gut diversity initiatives. The moves will save U.S. taxpayers $11 billion, the agency said in a statement, calling it the first step …

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Colorado Top Court Allows Boulder to Sue Exxon, Suncor Over Climate Change

(Reuters) – Colorado’s highest court on Monday rejected efforts by ExxonMobil and Suncor Energy to dismiss a lawsuit by the city of Boulder seeking to hold the fossil fuel companies responsible for climate change. The Colorado Supreme Court in a 5-2 decision said federal law did not block Boulder and its surrounding county from claiming …

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