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oil

Big Oil Thumbs Nose At Democrats, CEOs Decline Price Gouging Hearing Invitation

March 31, 2022March 30, 2022
Big oil thumbs nose at democrats, ceos decline price gouging hearing invitation - photo licensed by shore news network.

Big Oil Thumbs Nose At Democrats, CEOs Decline Price Gouging Hearing Invitation Thomas Catenacci on March 30, 2022 Three major U.S. fossil fuel companies rejected …

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Top public lands producers decline U.S. House committee hearing on oil prices

March 29, 2022
Top public lands producers decline u. S. House committee hearing on oil prices - photo licensed by shore news network.

By Liz Hampton, Valerie Volcovici and Timothy Gardner DENVER/WASHINGTON – U.S. oil companies with the most production on federal lands and waters are not planning …

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Oil Industry Report Warns Of Massive Job Losses From Biden’s Anti-Drilling Agenda

March 30, 2022March 29, 2022
Oil industry report warns of massive job losses from biden’s anti-drilling agenda - photo licensed by shore news network.

Oil Industry Report Warns Of Massive Job Losses From Biden’s Anti-Drilling Agenda Thomas Catenacci on March 29, 2022 The Biden administration’s failure to pursue a …

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Factbox-Global oil supply disruptions approaching 5-6 million bpd

March 29, 2022
Factbox-global oil supply disruptions approaching 5-6 million bpd - photo licensed by shore news network.

(Reuters) – Global oil supply disruptions are approaching 5-6 million barrels per day (bpd), according to Reuters’ calculations, as sanctions, conflicts and infrastructure failures hit …

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With Gas Prices At Historic Highs, Biden Calls For Raising Taxes On Oil Drillers

March 29, 2022
With gas prices at historic highs, biden calls for raising taxes on oil drillers - photo licensed by shore news network.

With Gas Prices At Historic Highs, Biden Calls For Raising Taxes On Oil Drillers Thomas Catenacci on March 29, 2022 President Joe Biden’s budget proposes …

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Analysis-Colombia presidential candidate Petro’s oil, pension proposals give investors pause

March 29, 2022
Analysis-colombia presidential candidate petro's oil, pension proposals give investors pause - photo licensed by shore news network.

By Nelson Bocanegra BOGOTA – Leftist Colombia presidential candidate Gustavo Petro’s promises to halt new oil projects and redistribute pension funds could put the country’s …

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Uncertain path for oil markets in coming days

March 27, 2022
Uncertain path for oil markets in coming days - photo licensed by shore news network.

By David Gaffen (Reuters) – The crude oil market heads into another week of uncertainty, buffeted on one side by the ongoing war between Russia …

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‘Reduce Demand’: Democrats Send Flurry Of Mixed Messages On Oil, Gas Production In Just 24 Hours

March 25, 2022

‘Reduce Demand’: Democrats Send Flurry Of Mixed Messages On Oil, Gas Production In Just 24 Hours Thomas Catenacci on March 25, 2022 Democrats and White …

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Janet Yellen Defends Sustainable Investing Craze That’s Trying To End US Oil And Gas Drilling

March 25, 2022March 25, 2022
Janet yellen defends sustainable investing craze that’s trying to end us oil and gas drilling - photo licensed by shore news network.

Janet Yellen Defends Sustainable Investing Craze That’s Trying To End US Oil And Gas Drilling Harry Wilmerding on March 25, 2022 Treasury Secretary Janet Yellen …

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German ministry wants to halve dependence on Russian oil by summer -Spiegel

March 25, 2022
German ministry wants to halve dependence on russian oil by summer -spiegel - photo licensed by shore news network.

BERLIN – Germany’s economy ministry wants to halve the country’s dependence on Russian oil by the summer and have no Russian hard coal imports by …

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Trump Was Personally Committed To Expanding US Oil, Gas Drilling, Former Interior Secretary Zinke Says

March 24, 2022
Trump was personally committed to expanding us oil, gas drilling, former interior secretary zinke says - photo licensed by shore news network.

Trump Was Personally Committed To Expanding US Oil, Gas Drilling, Former Interior Secretary Zinke Says Thomas Catenacci on March 23, 2022 Former President Donald Trump …

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Ukraine sunflower scarcity: a boon for olive oil, but hard to swallow for some

March 22, 2022
Ukraine sunflower scarcity: a boon for olive oil, but hard to swallow for some - photo licensed by shore news network.

By Corina Pons and Emma Pinedo MADRID – A surge in sunflower oil prices after Russia’s invasion of Ukraine cut supply has proved an opportunity …

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Brazil tax cut for ethanol, sugar, soy oil imports to have little impact -analysts

March 22, 2022
Brazil tax cut for ethanol, sugar, soy oil imports to have little impact -analysts - photo licensed by shore news network.

By Roberto Samora SAO PAULO – Brazil’s recently announced tax cut for ethanol, sugar and soy oil imports should have little impact on trade deals …

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Analysis-Steep oil and sunken yields flash more weakness for Japan’s yen

March 22, 2022
Analysis-steep oil and sunken yields flash more weakness for japan's yen - photo licensed by shore news network.

By Kevin Buckland and Alun John TOKYO – A jump in the price of oil and a yawning gap between yields at home and those …

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Republicans Renew Criticism Of Efforts To Shut Key Oil Pipeline Amid Energy Crisis

March 21, 2022
Republicans renew criticism of efforts to shut key oil pipeline amid energy crisis - photo licensed by shore news network.

Republicans Renew Criticism Of Efforts To Shut Key Oil Pipeline Amid Energy Crisis Thomas Catenacci on March 21, 2022 Republicans have renewed pressure on the …

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Biden Administration Backtracks On Media Reports Signaling Oil, Gas Leasing Resumption

March 21, 2022
Biden administration backtracks on media reports signaling oil, gas leasing resumption - photo licensed by shore news network.

Biden Administration Backtracks On Media Reports Signaling Oil, Gas Leasing Resumption Thomas Catenacci on March 21, 2022 The Biden administration backtracked on reports that it …

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Marketmind: Oil prices fuel the tightening dilemma further

March 21, 2022
Marketmind: oil prices fuel the tightening dilemma further - photo licensed by shore news network.

A look at the day ahead in markets from Julien Ponthus. There’s arguably little central banks can do to tame surging energy and commodity prices …

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Saudi Arabia is China’s top crude supplier again as Russian oil falls 9%

March 20, 2022
Saudi arabia is china's top crude supplier again as russian oil falls 9% - photo licensed by shore news network.

BEIJING – Saudi Arabia regained the spot as China’s top crude supplier in the first two months of 2022, having been leapfrogged by Russia in …

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Biden Administration Resumes Some Oil, Gas Leasing After Favorable Court Ruling

March 21, 2022March 19, 2022
Biden administration resumes some oil, gas leasing after favorable court ruling - photo licensed by shore news network.

Biden Administration Resumes Some Oil, Gas Leasing After Favorable Court Ruling Thomas Catenacci on March 18, 2022 UPDATE: This article has been updated to include …

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Biden Administration’s Offshore Oil Leasing Policy Will Crush American Energy Security, Experts Say

March 21, 2022March 19, 2022
Biden administration’s offshore oil leasing policy will crush american energy security, experts say - photo licensed by shore news network.

Biden Administration’s Offshore Oil Leasing Policy Will Crush American Energy Security, Experts Say Thomas Catenacci on March 18, 2022 The Biden administration’s policy on offshore …

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Democrats Up Pressure On Big Oil To Answer For Alleged Profiteering As Americans Blame Biden For Gas Prices

March 18, 2022
Democrats up pressure on big oil to answer for alleged profiteering as americans blame biden for gas prices - photo licensed by shore news network.

Democrats Up Pressure On Big Oil To Answer For Alleged Profiteering As Americans Blame Biden For Gas Prices Thomas Catenacci on March 18, 2022 House …

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IEA urges reduced transport to cut oil use amid supply crunch

March 18, 2022
Iea urges reduced transport to cut oil use amid supply crunch - photo licensed by shore news network.

By Noah Browning LONDON -The International Energy Agency (IEA) on Friday urged consumers to travel less, share transport and drive more slowly, part of a …

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Left Wing Democrats Ask Biden To Cancel Oil Drilling On Federal Lands, Declare ‘Climate Emergency’

March 17, 2022
Left wing democrats ask biden to cancel oil drilling on federal lands, declare ‘climate emergency’ - photo licensed by shore news network.

Left Wing Democrats Ask Biden To Cancel Oil Drilling On Federal Lands, Declare ‘Climate Emergency’ Thomas Catenacci on March 17, 2022 The Congressional Progressive Caucus …

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Indonesia hikes palm oil export levy to maximum $375 per tonne

March 17, 2022
Indonesia hikes palm oil export levy to maximum $375 per tonne - photo licensed by shore news network.

By Bernadette Christina JAKARTA – Indonesia has significantly raised its maximum palm oil export levy, a new government regulation showed on Friday, part of efforts …

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Russian oil traders switch to private dealings from public tenders

March 17, 2022
Russian oil traders switch to private dealings from public tenders - photo licensed by shore news network.

– Russian oil market participants have switched their trading tactics, favouring private deals over public offerings due to new Western sanctions, traders said on Thursday. …

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Demand for sustainable funds wanes as Ukraine war puts focus on oil and gas

March 17, 2022
Demand for sustainable funds wanes as ukraine war puts focus on oil and gas - photo licensed by shore news network.

By Patturaja Murugaboopathy and Simon Jessop LONDON – Demand for sustainable stock funds waned in February as Russia’s invasion of Ukraine hit investor sentiment and …

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Top Climate Democrat Says US Needs More Domestic Oil Production In ‘Short Term’

March 16, 2022
Top climate democrat says us needs more domestic oil production in ‘short term’ - photo licensed by shore news network.

Top Climate Democrat Says US Needs More Domestic Oil Production In ‘Short Term’ Thomas Catenacci on March 16, 2022 Democratic California Rep. Ro Khanna, an …

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Saudi Arabia, UAE Welcome UK Prime Minister For Oil Talks After Reportedly Shunning Biden

March 16, 2022
Saudi arabia, uae welcome uk prime minister for oil talks after reportedly shunning biden - photo licensed by shore news network.

Saudi Arabia, UAE Welcome UK Prime Minister For Oil Talks After Reportedly Shunning Biden Thomas Catenacci on March 16, 2022 U.K. Prime Minister Boris Johnson …

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Schumer says Congress will call oil and gas company CEOs to testify on energy prices

March 16, 2022
Schumer says congress will call oil and gas company ceos to testify on energy prices - photo licensed by shore news network.

WASHINGTON – Congressional leaders in the coming weeks will call on chief executives of major oil and gas companies to testify about recent spikes in …

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Activist Climate Group Files Legal Action Against Shell Oil Board Over Plan To Curb Emissions

March 15, 2022
Activist climate group files legal action against shell oil board over plan to curb emissions - photo licensed by shore news network.

Activist Climate Group Files Legal Action Against Shell Oil Board Over Plan To Curb Emissions Thomas Catenacci on March 15, 2022 An activist group specializing …

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Exclusive-Hellenic clinches initial deal to ramp up crude oil supplies from Saudi Arabia

March 15, 2022
Exclusive-hellenic clinches initial deal to ramp up crude oil supplies from saudi arabia - photo licensed by shore news network.

ATHENS – Hellenic Petroleum, Greece’s biggest oil refiner, has clinched an initial deal to get additional crude oil supplies from Saudi Arabia, two sources from …

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American Airlines cuts first-quarter capacity forecast as oil prices surge

March 15, 2022
American airlines cuts first-quarter capacity forecast as oil prices surge - photo licensed by shore news network.

– American Airlines Group Inc cut its current-quarter capacity forecast on Tuesday, as airlines grapple with high fuel prices due to the Russia-Ukraine war. (Reporting …

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Barclays suspends sales of two products linked to oil, volatility

March 14, 2022
Barclays suspends sales of two products linked to oil, volatility - photo licensed by shore news network.

By Iain Withers and Saqib Iqbal Ahmed LONDON/NEW YORK – British bank Barclays said on Monday it had suspended the sales and issuance of two …

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India Could Accept Huge Russian Oil Offer After US Announces Import Ban

March 14, 2022
India could accept huge russian oil offer after us announces import ban - photo licensed by shore news network.

India Could Accept Huge Russian Oil Offer After US Announces Import Ban Sebastian Hughes on March 14, 2022 India may accept an offer from Russia …

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Exclusive-Chevron set to trade Venezuelan oil if U.S. relaxes sanctions -sources

March 14, 2022
Exclusive-chevron set to trade venezuelan oil if u. S. Relaxes sanctions -sources - photo licensed by shore news network.

By Marianna Parraga and Matt Spetalnick HOUSTON/WASHINGTON -Chevron Corp. is preparing to take operating control of its joint ventures in Venezuela if Washington relaxes sanctions …

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German oil lobby says imports from Russia being reduced

March 14, 2022
German oil lobby says imports from russia being reduced - photo licensed by shore news network.

FRANKFURT – German refineries have started reducing imports of Russian crude and oil products, a domestic industry group said on Monday, adding that the adjustment …

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India indicates readiness to release more oil reserves

March 14, 2022
India indicates readiness to release more oil reserves - photo licensed by shore news network.

By Nidhi Verma and Sethuraman N R New Delhi -India will take “appropriate” steps to calm the rise in oil prices, triggered by Russia’s invasion …

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Venezuela could add 400,000 bpd to oil output if U.S. approves licenses -petroleum chamber

March 11, 2022
Venezuela could add 400,000 bpd to oil output if u. S. Approves licenses -petroleum chamber - photo licensed by shore news network.

By Mayela Armas CARACAS – Venezuela’s oil output could rise by at least 400,000 barrels per day (bpd) if the United States authorizes requests by …

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How much extra oil could OPEC+ pump to cool prices?

March 11, 2022March 11, 2022
How much extra oil could opec+ pump to cool prices? - photo licensed by shore news network.

By Alex Lawler LONDON – Saudi Arabia and the United Arab Emirates are among the few oil producers globally with spare capacity they could draw …

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Factbox – Airline hedging and surcharges offset some oil price pain

March 11, 2022
Factbox - airline hedging and surcharges offset some oil price pain - photo licensed by shore news network.

– The price of oil this week surged to its highest point since 2008 after Russia’s invasion of Ukraine, adding to airline costs at a …

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Democrats Aim To Increase Taxes On Big Oil Amid Record Gas Prices

March 10, 2022

Democrats Aim To Increase Taxes On Big Oil Amid Record Gas Prices Thomas Catenacci on March 10, 2022 A group of House and Senate Democrats …

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As oil prices soar, U.S. shale, OPEC in no rush to resume price war

March 10, 2022
As oil prices soar, u. S. Shale, opec in no rush to resume price war - photo licensed by shore news network.

By Liz Hampton – U.S. shale producers and OPEC, who not long ago were waging a price war, this week found themselves on similar sides …

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Democrats Block GOP Bill That Would Restart Keystone XL, Federal Oil Lease Program

March 10, 2022March 10, 2022
Democrats block gop bill that would restart keystone xl, federal oil lease program - photo licensed by shore news network.

Democrats Block GOP Bill That Would Restart Keystone XL, Federal Oil Lease Program Thomas Catenacci on March 10, 2022 Democrats voted down a motion to …

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U.S. households started year flush ahead of oil shock

March 10, 2022
U. S. Households started year flush ahead of oil shock - photo licensed by shore news network.

– U.S. household wealth rose to a record $150.3 trillion in the final quarter of last year, a Federal Reserve report on Thursday showed, a …

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Analysis-You still need us, UAE tells U.S. as it flexes Gulf oil muscles

March 10, 2022
Analysis-you still need us, uae tells u. S. As it flexes gulf oil muscles - photo licensed by shore news network.

By Samia Nakhoul, Ghaida Ghantous and Maha El Dahan DUBAI – By single-handedly knocking 13% off rocketing oil prices on one day this week, the …

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Marketmind: ECB, Inflation, Oil

March 10, 2022
Marketmind: ecb, inflation, oil - photo licensed by shore news network.

A look at the day ahead in markets from Sujata Rao After the U.S. S&P 500 index saw its biggest one-day gain since June 2020 …

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U.S. ban on Russian oil imports heads to passage in House of Representatives

March 9, 2022
U. S. Ban on russian oil imports heads to passage in house of representatives - photo licensed by shore news network.

WASHINGTON – A majority of the U.S. House of Representatives on Wednesday voted to impose a ban on imports of Russian oil and other energy …

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‘What Additional Permits Do They Need?’: Psaki Mocks Question About Oil Drilling Regulatory Hurdles

March 9, 2022
‘what additional permits do they need? ’: psaki mocks question about oil drilling regulatory hurdles - photo licensed by shore news network.

‘What Additional Permits Do They Need?’: Psaki Mocks Question About Oil Drilling Regulatory Hurdles Thomas Catenacci on March 9, 2022 White House press secretary Jen …

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Biden Begged Russia And OPEC For Oil Last Year. Now He’s Just Begging OPEC

March 9, 2022
Biden begged russia and opec for oil last year. Now he’s just begging opec - photo licensed by shore news network.

Biden Begged Russia And OPEC For Oil Last Year. Now He’s Just Begging OPEC Thomas Catenacci on March 9, 2022 President Joe Biden has shifted …

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Biden Offers Sanction Relief To Dictator In Exchange For Oil: REPORT

March 9, 2022
Biden offers sanction relief to dictator in exchange for oil: report - photo licensed by shore news network.

Biden Offers Sanction Relief To Dictator In Exchange For Oil: REPORT Thomas Catenacci on March 9, 2022 President Joe Biden offered to remove oil trading …

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