By Gwladys Fouche and Terje Solsvik OSLO -Seventy-four Norwegian offshore oil workers at Equinor’s Gudrun, Oseberg South and Oseberg East platforms will go on strike from July 5, the Lederne …
Topic:
oil
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By Rahul Paswan (Reuters) – Oil prices are expected to stay above $100 a barrel this year as Europe and other regions struggle to wean themselves off Russian supply, a …
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By Alex Lawler and Maha El Dahan LONDON/DUBAI – Saudi Arabia’s push for swifter oil production hikes by OPEC+, which were agreed in June, involved behind-the-scenes diplomacy to ensure Russia …
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By Julie Gordon and Rod Nickel OTTAWA/WINNIPEG – Surging oil and wheat prices are allowing commodities exporter Canada to weather an economic storm threatening to tip many of its fellow …
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By David Lawder WASHINGTON – Group of Seven democracies have had positive and productive discussions with China and India about a plan to cap the price of Russian oil, a …
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NUR-SULTAN – Kazakh billionaire businessman Timur Kulibayev has handed to the state energy company his stake of 49% in Petrosun, a large oil and oil products trader controlled by China’s …
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Biden, G7 Leaders Move Towards Price Capping Russian Oil To Punish Moscow Jack McEvoy on June 27, 2022 President Joe Biden and the G7 leaders discussed plans to put a …
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BRUSSELS – The Group of Seven rich nations are debating a global price cap for Russian oil that would curb Moscow’s energy revenues and potentially limit its ability to fund …
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Energy Groups Invite Biden To Visit American Oil And Gas Sites Before He Jets Off To Saudi Arabia Jack McEvoy on June 24, 2022 More than two dozen American energy …
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(Reuters) – Curtis Mewbourne, founder of one of the largest closely held oil companies in the United States, died on Thursday at age 86. His company, Mewbourne Oil Co., operates …
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By Ahmad Ghaddar and Alex Lawler LONDON – OPEC and allied producing countries including Russia will likely stick to a plan for accelerated oil output increases in August, sources said, …
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White House Ignores Oil Production In Quest For Gas Price Fix: REPORT Thomas Catenacci on June 17, 2022 UPDATE: This article has been updated to include additional reporting from The …
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NEW ORLEANS – United States Attorney Duane A. Evans announced that GREAT LAKES DREDGE & DOCK COMPANY, LLC (“GREAT LAKES”), a Texas company, was sentenced on June 14, 2022 for …
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Environmental Groups Sue Biden To Vacate Oil And Gas Permits As Gas Climbs Over $5 Per Gallon Gabe Kaminsky on June 16, 2022 UPDATE: This article has been updated to …
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Oil Companies Unload On Biden After His Thinly-Veiled Threats Thomas Catenacci on June 16, 2022 Oil companies responded in force after President Joe Biden threatened executive action over U.S. refinery …
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(Reuters) – The idea of cutting oil production in Russia to further increase prices has risks and would require calculation, Deputy Finance Minister Alexei Sazanov told Reuters on Friday. Deputy …
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Biden Is Still Trying To Ban Federal Oil, Gas Leasing Thomas Catenacci on June 15, 2022 The Biden administration asked a federal court this week to uphold its ban on …
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(Reuters) – Russia plans to increase oil production next month as export flows are being redirected to avoid Western sanctions, energy officials said on Thursday, predicting domestic oil output would …
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John Kerry Says US ‘Absolutely’ Doesn’t Need Oil, Gas Drilling Thomas Catenacci on June 15, 2022 U.S. climate envoy John Kerry argued the U.S. doesn’t need more oil and gas …
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Biden Threatens Oil Companies For Not Refining More Gasoline — There’s Just One Problem Thomas Catenacci on June 15, 2022 UPDATE: This article has been updated to include comments from …
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Biden Admin Bows To Environmental Activists, Quietly Delays Another Oil And Gas Lease Sale Thomas Catenacci on June 15, 2022 The Biden administration confirmed Wednesday it delayed four onshore oil …
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WASHINGTON – The U.S. Department of Energy on Tuesday said it was selling up to 45 million barrels of oil from the Strategic Petroleum Reserve as part of the Biden …
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Dems Still Focused On Punishing Big Oil As Gas Tops $5 A Gallon Thomas Catenacci on June 13, 2022 Democratic leaders on the House Natural Resources Committee sent letters to …
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By Trevor Hunnicutt and Jarrett Renshaw LOS ANGELES -U.S. President Joe Biden on Friday accused the U.S. oil industry, and Exxon Mobil Corp in particular, of capitalizing on a supply …
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WASHINGTON -U.S. President Joe Biden is looking at ways to bring in more oil supplies amid rising energy costs, including working to address oil refinery capacity, White House economic adviser …