On Wednesday’s broadcast of “CNN This Morning,” White House Senior Adviser and Infrastructure Implementation Coordinator Mitch Landrieu responded to a question on whether President Joe Biden thinks the United States might need to depend on fossil fuels for longer than
Iran’s state-owned National Iranian Oil Refining and Distribution Company (NIORDC) will soon begin to revamp Venezuela’s largest refining complex to restore its lost crude distillation capacity after years of socialist mismanagement, according to a report published by Reuters on Monday.
India has found a way to profit greatly from Russia’s sanctions situation, purchasing cheap Russian crude and using its tremendous refining capacity to sell America and Europe gasoline and diesel, Bloomberg News revealed on Sunday.
A bipartisan group of senators introduced legislation on Wednesday that would bar the Biden administration from selling oil from the American emergency oil reserves to China.
The Nigerian military announced on Thursday that its anti-piracy operation destroyed 39 illegal oil refineries over the past two weeks, recovering large quantities of stolen oil along with vehicles and weapons used by the thieves.
Ugandan President Yoweri Museveni on Tuesday held a commissioning ceremony for the first of four massive oil rigs operated by the China National Offshore Oil Corporation (CNOOC).
Energy Minister Irene Vélez of Colombia confirmed on Thursday that the South American nation will stop awarding new oil and gas exploration contracts, a decision that she described as “absolutely urgent.”
Saudi Arabian Finance Minister Mohammed al-Jadaan said on Tuesday that his government is willing to consider alternatives to the U.S. dollar for international trade.
Speaking from Davos, the BlackRock CEO says the attacks on ESG have become personal and ugly.
India’s power ministry is projecting an eight-percent surge in coal demand during the next fiscal year after renewables underperformed by nearly 30 percent in 2022, while India’s imports of discounted Russian oil surged by an amazing 33 times year-on-year in December.
Britain is increasing purchases of Indian oil amid the Western sanctions war with Russia – but much of it is likely refined from Russian product sold to India at a discount.
On Friday’s broadcast of Newsmax TV’s “Spicer & Co.,” Rep. Cliff Bentz (R-OR) discussed the bill passed by the House to ban the export of oil from the United States Strategic Petroleum Reserve to China and pointed out that House
China’s trade deficit with Russia tripled in 2022, a report revealed on Friday, thanks in part to skyrocketing energy prices that made Russia’s discounted oil and gas irresistible to Chinese buyers.
During an interview with Bloomberg on Thursday, White House Council of Economic Advisers Chair Cecilia Rouse stated that the Strategic Petroleum Reserve (SPR) is “designed for” an emergency and so therefore, it is “irresponsible” for Republicans in Congress to limit
The Supreme Court of the Philippines invalidated a 2005 agreement on Tuesday between the Philippines, Vietnam, and China that would have allowed a Chinese government corporation to explore for oil in Filipino waters, unconstitutionally exploiting the country’s national resources.
On Tuesday’s broadcast of the Fox Business Network’s “Mornings with Maria,” Montana Attorney General Austin Knudsen (R) reacted to a report by the Department of Energy that President Joe Biden axing the Keystone XL pipeline killed American jobs by stating
On Friday’s broadcast of Bloomberg’s “Surveillance,” Labor Secretary Marty Walsh stated that he hasn’t “necessarily had a side” in the Willow oil project in Alaska that is supported by labor unions and opposed by environmental groups and that he’s not
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.
