Politics
Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’
President Trump is swinging American energy policy sharply in favor of fossil fuels, but oil and gas companies say those changes won’t…
Tag
Oil
Politics
Oil prices settle pennies higher, down for week as Trump touts energy policy
Oil prices settled slightly higher on Friday (Jan 24) but posted a weekly decline, ending four straight weeks of gains, after US President…
Politics
Putin "ready" to talk to Trump, Kremlin says
Russian President Vladimir Putin is "ready" to speak on the phone with Donald Trump and is waiting for a response from Washington, D.C.,…
News
Chevron to Increase Output at Huge Oil Field in Kazakhstan
Chevron said Friday that it had completed an expansion at its Tengiz oil field in Kazakhstan intended to increase production this year to…
News
Asian oil refiners mull run cuts, closures as crude costs soar
A SURGE in the cost of physical crude cargoes as China and India rush to replace Russian flows is prompting refiners in other parts of…
Politics
Maybank says CSE Global to get a boost as Trump declares a pivot back to oil and gas
US president Donald Trump’s declaration of a national energy emergency aimed at boosting oil and gas (O&G) production in the US is set to…
Business
Aramco chief expects additional oil demand of 1.3 million bpd this year
SAUDI oil giant Aramco’s chief executive Amin Nasser said on Tuesday (Jan 21) he sees the oil market as healthy and expects an additional…
Politics
Column: His first day back in office confirms it — there is no Trump 2.0
WASHINGTON — President Trump promised an inaugural address focused on “unity,” but what he delivered was more a campaign speech in a…
Politics
Oil gains for fourth-straight week on US sanctions
OIL prices closed lower on Friday (Jan 17) but strengthened for a fourth-consecutive week, as the latest US sanctions on Russian energy…
News
Indonesia expects EU to adjust palm oil biofuel stance after EU ruling
INDONESIA welcomed a ruling by the World Trade Organization (WTO) in a case against European Union on palm oil-based biodiesel, expecting…
Politics
Trump team readies oil sanctions plan for Russia deal, Iran squeeze
ADVISERS to US president-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine diplomatic…
Politics
The Czech Republic ends its energy dependence on Russian oil imports
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting…
News
U.S. Oil Production Is Booming. Oil Jobs Are Not.
For years, as oil and gas companies increased production, they hired lots of workers, enriching communities across the United States. That…
Politics
Oil prices climb 2% to four-month high with sanctions expected to disrupt Russian supplies
OIL prices climbed about 2 per cent to a four-month high on Monday (Jan 13) on expectations that wider US sanctions on Russian oil would…
Politics
Oil Tycoon Harold Hamm Throwing an Inauguration Day Party
Harold G. Hamm, the billionaire oil and gas executive who helped bankroll Donald J. Trump’s campaign and stands to profit from his energy…
Politics
Supreme Court denies oil industry plea to block climate lawsuits filed by California, other blue states
WASHINGTON — The Supreme Court dealt a major setback to the oil industry on Monday, refusing to block lawsuits from California and other…
Politics
Top Asian oil buyers in turmoil after sweeping Russian sanctions
REFINERS, tanker operators, traders and port executives across Asia were scrambling on Monday (Jan 13) to manage the fallout from the US’s…
Politics
Top Asian oil buyers in turmoil after sweeping US sanctions on Russia’s oil industry
REFINERS, tanker operators, traders and port executives across Asia were scrambling on Monday (Jan 13) to manage the fallout from the…
Politics
Russia forms an emergency task force as Kerch Strait oil spill continues to spread
An emergency task force arrived in Russia’s southern Krasnodar region on Sunday as an oil spill in the Kerch Strait from two…
Politics
Oil rises as Russia sanctions bolster crude’s hot start to 2025
Oil settled at a three-month high as the US ratcheted up sanctions against Russia, adding to a run of bullish developments that have…
News
Disabled oil tanker adrift in Baltic Sea towed to Sassnitz
A loaded oil tanker that lost the ability to manoeuvre in the Baltic Sea near the German island of Rügen has been towed to the city…
News
Disabled oil tanker adrift in Baltic Sea being towed eastwards
A loaded oil tanker that lost the ability to manoeuvre in the Baltic Sea near the German island of Rügen was being towed almost 25…
News
German tug secures 'shadow fleet' oil tanker adrift in Baltic Sea
German rescue teams have managed to secure towing lines to a loaded oil tanker that lost the ability to manoeuvre in the Baltic Sea near…
News
Oil settles up 1% as cold weather in US, Europe drives winter fuel demand
OIL prices rose more than 1 per cent on Thursday (Jan 9) as cold weather gripped parts of the United States and Europe, boosting winter…