Iranian state television aired footage on Friday of its helicopter-borne commandos swooping in and seizing control of a US-bound oil tanker that was sailing through international waters in the Gulf ...
DUBAI, United Arab Emirates — Saudi Arabia and other major oil producers on Sunday announced surprise cuts totaling up to 1.15 million barrels per day from May until the end ...
Gov. Gavin Newsom is signing legislation that could force the oil industry to cap profits and reveal gas price data in its largest U.S. market – demonstrating his clout in ...
The approval Monday of ConocoPhillips’ massive Willow project in Alaska’s National Petroleum Reserve is teeing up a new high-profile legal brawl that will likely align the Biden administration and Republican ...
President Biden is planning to approve an $8 billion oil drilling project on federal land on Alaska’s North Slope next week, according to multiple reports. His expected authorization of ConocoPhillips’ ...
WASHINGTON — The Russian troops who poured into Ukraine a year ago had a seemingly powerful weapon to keep Kyiv’s would-be allies cowed — Moscow’s dominance of Europe’s oil and ...
Chinese state-owned firms are building up their presence near the Strait of Hormuz in the Middle East, a new report says, raising the risks of a future clash with U.S. ...
Oil has been priced in dollars and sold on a global market for decades. Following Russia’s invasion of Ukraine, the United States effectively stopped the use of the dollar in ...
DAVOS, Switzerland — For the second year in a row, Western sanctions have prevented Russian officials and oligarchs from attending the World Economic Forum in Davos, the Swiss ski-resort town ...
“They modelled and predicted global warming with shocking accuracy and skill, only for the company to spend the next couple of decades denying that very climate science,” said Geoffrey Supran, ...
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