The Nigerian National Petroleum Corporation (NNPC) has denied recent claims it lost 48 million barrels of crude oil it shipped to China, Nigerian newspaper This Day reported on Monday.
Several Libyan officials told the Associated Press (AP) on Thursday that Turkey pressured Libya’s Government of National Accord (GNA) into accepting military assistance from Syrian extremist militias and repaying Turkey with lucrative offshore energy deals.
Four soldiers and two civilians in Venezuela have been charged with murdering a man protesting the country’s chronic gasoline shortages, El Nacional reported Wednesday.
“As long as I’m your President, we will never let anyone put American energy out of business … We will defend the Lone Star State,” he said.
Joe Biden has long characterized himself as a union man, but union members in the fossil fuel industries worry he is lurching too far left.
Former Vice President Joe Biden will introduce a plan Tuesday to tackle climate change that borrows the central element of the Green New Deal of Rep. Alexandria Ocasio-Cortez (D-NY) — and simply adds an extra five years to achieve it.
Egyptian President Abdel-Fattah el-Sisi said this week that his government desires peace and stability in neighboring Libya, but might be prepared to intervene with military force to protect Egypt’s western border and thwart the ambitions of Turkey and its militia allies.
The Iranian government officially reported total oil revenue from the past fiscal year as just $8 billion dollars, an astonishing loss of $92 billion from the revenues enjoyed by the terrorism-exporting theocracy before President Donald Trump withdrew from the nuclear deal and reimposed sanctions.
Venezuelan dictator Nicolás Maduro welcomed the arrival of the first of five Iranian oil tankers shipping much-needed fuel to the OPEC member nation on Monday, marking the end of Ramadan and branding the tankers a challenge to “supremacist empire” America.
Former VP and presumptive 2020 Democrat presidential nominee Joe Biden said on Friday he would close coal plants, and we need a nationwide system to transmit coal.
Venezuelan dictator Nicolás Maduro announced military exercises had taken place on Thursday in anticipation of potential American military activity to prevent a group of Iranian oil tankers from arriving in the South American country.
Venezuelan dictator Nicolás Maduro appointed senior official Tareck El Aissami – wanted by ICE for drug trafficking and widely believed to be Maduro’s primary link to Hezbollah – the country’s oil minister on Monday.
BAGHDAD — Iraq is planning painful cuts in social benefits relied on by millions of government workers. Saudi Arabia will likely have to delay mega-projects. Egypt and Lebanon face a blow as their workers in the Gulf send back less of the much-needed dollars that help keep their fragile economies afloat.
Friday, during an interview with Huntsville, AL radio’s WVNN, Rep. Gary Palmer (R-AL) explained how that while there may be benefits to the collapse of oil prices, the long-term impact meant terrible things for domestic fracking in the United States.
Many nations in Africa face potential devastation by the recent collapse of oil prices due to the Chinese coronavirus pandemic, and reports this week indicate the damage has already begun.
President Donald Trump should impose tariffs on Saudi Arabia’s oil exports to the U.S. in response to the kingdom’s dumping of oil during record-low global prices of the commodity caused by coronavirus-related economic shutdowns, said Spencer McGowan, founder of McGowan Group Asset Management and host of NetWorth Radio.
The global oil price collapse is a historic “opportunity” to “bottom out” Chinese energy assets and increase reserves, the communist country’s state media reported on Tuesday.
Gov. Jim Justice praised President Donald Trump’s handling of the coronavirus outbreak while warning of a looming “full-fledged depression.”
The June futures contract price for WTI has plunged below $12.
“We are looking to put as much as 75 million barrels into the reserves themselves,” Trump said. “That would top it out, that would be the first time in a long time that has been topped out.”
Rep. Alexandria Ocasio-Cortez (D-NY) on Monday deleted a message in which she appeared to cheer a historic drop in oil prices as an opportunity to invest in “green infrastructure to save our planet.”
The lowest prices and steepest decline ever recorded.
Prices for futures contracts expiring tomorow are down nearly 40 percent Monday mornning.
A battle over oil production waged in recent weeks between Saudi Arabia and Russia ended after President Donald Trump helped broker a deal.
Chinese state media on Thursday announced the discovery of a massive oilfield in Tarim Basin, located in the Xinjiang Uyghur Autonomous Region, where millions of the local Muslims have been confined to concentration camps and “re-educated” to become better Communist subjects.
Gasoline prices in the U.S. are at the lowest level in decades.
During the Sunday Democrat debate Sen. Bernie Sanders and former Vice President Joe Biden vowed to reverse U.S. status as energy independent.
President Trump announced the U.S. will replenish its Strategic Petroleum Reserve to ensure energy security during the coronavirus outbreak.
Saudi Arabia is evidently very serious about the oil price war it launched this week, signaling that its national oil company Saudi Aramco will hit a record high production level of 12.3 million barrels per day in April.
“Saudi Arabia and Russia are arguing over the price and flow of oil,” he wrote on Twitter. “That, and the Fake News, is the reason for the market drop!”
President Donald Trump has achieved energy independence for the United States, his Energy Secretary Dan Brouillette told Breitbart News for an exclusive interview at the Conservative Political Action Conference (CPAC) this weekend.
Department of the Interior (DOI) Secretary David Bernhardt told Breitbart News Daily on Friday at the 2020 Conservative Political Action Conference (CPAC) that the Trump administration is a stark contrast to the socialism the Democrat Party is promising to impose on the country if it wins the White House in 2020.
Venezuelan dictator Nicolás Maduro declared a “state of emergency” at the state-run oil company Petroleum of Venezuela (PDVSA) this week, warning that he needed to protect the country’s energy industry from escalating “imperialist aggression.”
The oil-rich nation of Venezuela is producing its lowest output of oil in 75 years, according to the petroleum economist and professor at the prestigious Central University of Venezuela Rafael Quiroz.
President Donald Trump directed the Department of Interior to open up more federal lands for energy production and recreation, including in Utah where he downsized massive amounts of land put off limits by the Obama administration.
President Donald Trump touted how his reversal of Obama-era regulations on the fossil fuel industry has led to the United States being the largest producer of oil and natural gas in the world during his State of the Union address on Tuesday at the U.S. Capitol.
Although manufacturing grew, overall industrial output slumped on lower utilities output thanks to nicer weather.
The six candidates at the Democrat debate on Tuesday vowed to put an end to America’s energy prosperity by ending production of oil and gas.
Rep. Mo Brooks (R-AL) said the United States could likely destroy Iran’s war-making capabilities by collapsing the Persian Gulf state’s economy without “boots on the ground,” offering his remarks in a Tuesday interview on SiriusXM’s Breitbart News Tonight with host Rebecca Mansour and special guest host John Hayward.
China’s envoy to Iran, Chang Hua, said on Tuesday that nothing would soften Beijing’s determination to develop a strategic partnership with Tehran. He said this shortly before Iran launched a missile attack against two Iraqi military bases.
