The Taliban’s “acting” Minister of Mines and Petroleum, Shahabuddin Delawar, on Thursday signed a deal with China’s Xinjiang Central Asia Petroleum and Gas Co. to exploit the Amu Darya oil field in northern Afghanistan.
India’s External Affairs Minister S. Jaishankar, the nation’s top diplomat, excoriated European countries doing business with Russia in an interview on Monday, asking why pro-Ukraine nations on the continent continued to purchase Russian fossil fuels after Moscow escalated its war with the country in February.
The outlook for the energy sector in Texas is somewhat pessimistic as concerns about a recession limit the oil price that some explorers were hoping for, a survey from the Federal Reserve Bank of Dallas found.
In response to Western price caps on Russian oil, President Vladimir Putin on Tuesday banned the export of oil to the United States and other Group of Seven and European Union nations.
GasBuddy warned American consumers on Tuesday that gas prices under the Biden administration could return to $4 a gallon as early as May 2023.
Police offices in Colombia are documenting “extreme” environmental damage, Reuters reported on Friday, caused by thieves who steal oil from pipelines to create an ugly improvised fuel called pategrillo.
Saudi Arabia’s state oil company Aramco announced on Sunday that it has signed a deal with Chinese analog China Petroleum and Chemical Corporation (Sinopec) to build an oil refinery in southeast Fujian province, helping secure a stable and affordable supply of gasoline and other fuels in China.
The cause of the leak is not yet known.
The government of Saudi Arabia confirmed on Tuesday that Chinese dictator Xi Jinping will travel to the country to attend two summits from December 7 to 9, Xi’s third trip abroad since the pandemic and his furthest away from home.
On Wednesday’s broadcast of the Fox Business Network’s “Evening Edit,” host Jackie DeAngelis reacted to the Biden administration’s refusal to call for Apple to fully allow the AirDrop file-sharing function in China on the basis that Apple is a private
On Tuesday’s edition of NBC’s “MTP Now,” Rep. Mary Peltola (D-AK) called for Democrats to focus on things that benefit Americans in the lame-duck session of Congress and one thing that could help Americans is taking advantage of the “opportunity to
On Tuesday’s broadcast of Bloomberg’s “Balance of Power,” Biden energy coordinator Amos Hochstein stated that the White House wants an increase in American oil production and wants other countries to follow America’s lead in taking actions “to accelerate the energy
South Korea’s trucker crisis came to a head on Tuesday when the government ordered striking truckers to return to work, even though the truckers say that no deal to address their grievances has been reached.
On Monday’s broadcast of the Fox News Channel’s “Hannity,” Fox Business Network host Charles Payne criticized the Biden administration for easing sanctions on Venezuelan oil exploration after it blocked a loan for oil development in the neighboring nation of Guyana
The Biden administration, through the Department of the Treasury’s Office of Foreign Assets Control (OFAC), issued a license to California-based Chevron on Saturday that allows the company to produce and export oil from Venezuela.
On Monday’s broadcast of the Fox Business Network’s “Evening Edit,” Rep. Darrell Issa (R-CA) reacted to the Biden administration easing some sanctions on Venezuelan oil production by pointing out that the United States is lifting sanctions without any meaningful actions by
Saudi Crown Prince Mohammed bin Salman (MBS) paid a brief, but extremely lucrative, visit to South Korea on November 16, signing about $75 billion worth of investment agreements in less than 24 hours.
The city council of Los Angeles, once a hub of the American oil industry, voted 10-0 on Tuesday to instruct the city attorney to prepare an ordinance that would ban oil drilling within a city that is still dotted with pumpjacks.
On Tuesday’s broadcast of CNBC’s “Squawk Box,” Biden energy coordinator Amos Hochstein said that the Strategic Petroleum Reserve needs to be “fuller than it is today for national security and economic emergencies in the future.” But “We still can manage any
Saudi Arabia’s energy minister, Prince Abdulaziz bin Salman, said from the sidelines of the COP27 climate summit in Sharm el-Sheikh, Egypt on Friday that his country is being heavily targeted by activists for its leading role in oil production. “The world is hoping to crucify us,” he lamented.
The climate change activist group ‘Just Stop Oil’ blocked a major British motorway for a fourth consecutive day on Thursday, angering commuters.
Cargo data cited by The Hindu on Sunday showed Russia has become the top supplier of oil to India, with deliveries accounting for 22 percent of India’s total crude imports, vaulting past Iran with just over 20 percent and Saudi Arabia with 16 percent.
The ambitious tax reform spearheaded by Colombia’s far-left president Gustavo Petro was finally approved by both chambers of Colombia’s Congress on Thursday. The tax plan, introduced by Petro a day after he took office in August, hopes to collect upwards of 20 billion Colombian Pesos ($4 billion) from 2023 onwards.
During an interview with the “Pod Save America” podcast released on Thursday, Sen. Mark Kelly (D-AZ) stated that the windfall profits tax on the oil industry floated by President Joe Biden is “something to consider.”
On Thursday’s broadcast of CNBC’s “Closing Bell,” Energy Secretary Jennifer Granholm responded to a question on historical evidence from Europe and the U.S. that a windfall profits tax like the one floated by President Joe Biden would hurt production by
President Joe Biden complained that oil companies were not drilling enough for oil, despite his long history of trying to block oil and gas production in the United States.
Museums across Europe are introducing bans on bringing bags into galleries following several attacks on art by climate extremists.
On Tuesday’s broadcast of CNN’s “Situation Room,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers criticized President Joe Biden’s threatened windfall profits tax on oil and
Indian Petroleum and Natural Gas Minister Hardeep Singh Puri said on Monday that India feels no “moral conflict” over buying oil from Russia, although he also took pains to minimize the impact of India’s discounted Russian energy purposes.
Oil prices were down about two percent on Friday as China broadened its coronavirus lockdowns and travel restrictions, greatly reducing its import demand.
Saudi Foreign Minister Prince Faisal bin Farhan said at an event alongside Chinese Foreign Minister Wang Yi on Thursday that Communist Party dictator Xi Jinping was “expected” to make a visit to the Mideast nation soon, a sign of growing proximity between the two nations amid an increasingly bitter spat between the Saudi royals and the White House.
Secretary of State Antony Blinken appeared to walk back some of Washington’s condemnation of Saudi Arabia on the grounds that Riyadh was too friendly to Russia on Wednesday, crediting the Saudis for “positive developments” such as humanitarian aid for Ukraine.
On Wednesday’s broadcast of CNN’s “Situation Room,” White House Press Secretary Karine Jean-Pierre stated that “parts” of the report by The New York Times that American officials believed they had a deal with Saudi Arabia on oil supplies that the Saudis
The left-wing newspaper New York Times claimed in a report on Tuesday, citing anonymous sources in American and Gulf Arab governments, that Saudi Crown Prince Mohammed bin Salman had promised leftist American President Joe Biden an increase in oil production but “duped” the White House.
To the delight of green agenda advocates, fracking has once again been banned in England by the UK’s new Prime Minister despite the country facing a serious energy crisis.
President Joe Biden and his administration worked extensively to work out a secret deal with Saudi Arabia to ease oil and gas prices right before the midterm elections, even though the Saudis ultimately backtracked.
A top spokesman for the Iran-backed Houthi terrorist movement in Yemen threatened attacks on international oil tankers this weekend after the legitimate government of the country revealed a Houthi attack on the al-Dhabba oil terminal.
Arch-Brexiteer Nigel Farage has warned of the possibility of “eco-terrorism” after climate crazies vandalised a think tank building in London.
Anonymous “people inside the Saudi government” told the Wall Street Journal in an article published Tuesday that Crown Prince Mohammed bin Salman has little respect for leftist American President Joe Biden and makes fun of the elderly leader’s seemingly poor mental faculties in private.
It’s only October, and in the mostly Democrat-run American Northeast, heating oil is already being rationed.
