Connect with us
Addressing the World Economic Forum, the US president pledged to apply pressure on OPEC, claiming that a drop in the price of oil would end Russia's...
The energy giant is spending nearly $50 billion to expand the Tengiz oil field, allowing it to pump one million barrels a day.
The Biden administration's new sanctions target Russia's oil giants Gazprom Neft and Surgutneftegas, shadow fleet vessels, and opaque traders. Oil prices surged, while European equities slid...
Denmark, Estonia, Finland, Latvia, Lithuania and Sweden have demanded a revision of the price cap on Russian seaborne oil. The cap was set in late 2022...
Crude oil prices rose to a three-week high amid mounting concerns over supply disruptions and increasing demands. However, technical analysts caution that oil markets may be...
The Kerch Strait is an important global shipping route, providing passage from the inland Sea of Azov to the Black Sea and has been a key...
The MV Sounion carrying one million barrels of crude oil was struck in August and later sabotaged with explosives by the Houthis as part of their...
The Biden administration is cracking down on the Russian “shadow fleet” and taking steps to curb oil and gas production.
Western naval nations have vowed checks on a network of ageing tankers that may be helping Putin circumvent sanctions and fund his war effort.
The clock is ticking on a legal deadline for the petroleum industry to deploy carbon capture and storage (CCS) infrastructure – a technology it has championed...
