(Reuters) – U.S. Treasury Secretary Janet Yellen highlighted a proposed price cap on Russian oil on a phone call with British Finance Minister Nadhim Zahawi on Tuesday, a move to …
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WASHINGTON – The Biden administration does not plan to continue releases from the Strategic Petroleum Reserve (SPR) beyond the original six-month period, White House economic adviser Brian Deese said on …
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By David French (Reuters) – Guggenheim Securities has hired three investment bankers from Citigroup Inc’s oil and gas team, people familiar with the matter said, as competition for talent in …
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Big Oil Making Big Bucks As Pump Prices Stay High John Hugh DeMastri on July 21, 2022 ExxonMobil’s quarterly fuel profits could reach as high as $4.4 billion in the …
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By Ron Bousso and Sabrina Valle LONDON/HOUSTON – Top Western energy companies are expected to unleash billions in returns to shareholders when they announce what is set be a second-straight …
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ALGEIRS – Algeria’s Sonatrach and its partners Occidental, TotalEnergies and ENI will invest $4 billion dollars in the perimeter of Berkine to produce 1 billion of oil equivalent barrels, Sonatrach’s …
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JEDDAH, Saudi Arabia – Saudi Arabia’s foreign minister said a U.S.-Arab summit on Saturday did not discuss oil and that OPEC+ would continue to assess market conditions and do what …
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By Laila Kearney NEW YORK – U.S. oil and gas dealmaking fell to $12 billion last quarter, down from the first quarter and nearly a third of the $34.8 billion …
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By John Kemp LONDON – Recession in the major economies is the only sure-fire way to reduce Russia’s petroleum revenues – an uncomfortable truth Western policymakers have tried to obfuscate …
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JAKARTA – Indonesia’s trade surplus likely widened to $3.52 billion last month, boosted by the lifting of a three-week palm oil export ban, according to economists polled by Reuters, although …
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Mesothelioma Compensation Center Urges a Former Oil Field-Offshore Rig Worker with Mesothelioma Anywhere in the USA To Call the Legal Team at Danziger & De Llano to Ensure the Nest Compensation-It Might Be Millions
by Your NewsWASHINGTON, July 12, 2022 — According to the Mesothelioma Compensation Center, “If your husband, dad, or grandpa is a current or former oil field-offshore oil rig worker who has just …
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DUBAI – President Joe Biden will visit the United State’s most important Arab ally Saudi Arabia on July 15-16 after two years of strained ties over the killing of Washington …
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By Jeff Mason and Steve Holland WASHINGTON -U.S. President Joe Biden will make the case for greater oil production from OPEC nations to bring down gasoline prices when he meets …
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(Reuters) – S&P Global Ratings revised on Wednesday the outlook for Mexico’s state-oil firm Pemex to stable from negative, after it reviewed Mexico’s long-term outlook. According to the rating agency, …
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Russia Is Supplying More Oil Than Ever To America’s Main Rival Micaela Burrow on July 6, 2022 Russia has surpassed Saudi Arabia as China’s largest supplier of crude oil, hitting …
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By Rod Nickel (Reuters) – With crude prices around $100 a barrel and COVID-19 restrictions largely gone, the Calgary Stampede looks to reclaim its place this year as Canada’s biggest …
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OSLO – All oil and gas fields that were affected by a strike in Norway’s petroleum sector are expected to be back in full operation within a couple of days, …
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Why Are Leftists Fighting ‘Big Oil’ By Gluing Themselves To Things? Josh Hypes on July 5, 2022 Climate activists glued themselves to Leonardo da Vinci’s The Last Supper, the latest …
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MOSCOW – Russia needs to wait and see how proposals on capping the price of Russian oil exports are finalised, Kremlin spokesman Dmitry Peskov told reporters on Monday. Commenting on …
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MOSCOW – President Vladimir Putin has signed a decree to seize full control of Sakhalin-2 gas and oil project in Russia that could force out Shell and Japanese investors, Moscow’s …
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Eco Activists Sue To Stop US Oil And Gas Lease Sales Max Keating on June 30, 2022 Environmental groups sued the Interior Department Tuesday to challenge the first oil and …
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By Alex Lawler LONDON – OPEC in June did not deliver on an oil output increase pledged under a deal with allies, a Reuters survey on Friday showed, as involuntary …
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OPEC To Finally Boost Oil Production Ahead Of Biden’s Saudi Arabia Trip Jack McEvoy on June 30, 2022 The Organization of the Petroleum Exporting Countries (OPEC) and its partners agreed …
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Biden’s EPA Has America’s Biggest Oil Field In Its Regulatory Crosshairs Max Keating on June 29, 2022 Texas Governor Greg Abbott’s deadline for the Biden administration to respond to his …
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By Maha El Dahan, Alex Lawler and Ahmad Ghaddar LONDON -OPEC+ said on Thursday it would stick to its planned oil output hikes in August but avoided discussing policy from …