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Alaska political leaders hope to see Trump undo restrictions on oil drilling

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JUNEAU, Alaska (AP) — President-elect Donald Trump promised repeatedly during his campaign to expand oil drilling in the U.S., which...
Bussiness

Azerbaijan is the host of the UN’s climate conference, shining a spotlight on the petrostate

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The spotlight is on Azerbaijan as the small petrostate in the South Caucasus hosts the U.N.’s biggest climate conference. Diplomats...
Bussiness

Azerbaijan is the host of the UN’s climate conference, shining a spotlight on the petrostate

Admin -
The spotlight is on Azerbaijan as the small petrostate in the South Caucasus hosts the U.N.’s biggest climate conference. Diplomats...
Bussiness

Oil Climbs After Election Jolt as Traders Weigh Trump’s Impact

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(Bloomberg) -- Oil ticked higher after a roller-coaster session on Wednesday as traders weighed the likely impact of Donald Trump’s...
World

Three years of roaring oil prices could be coming to an end

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Ever since Russia invaded Ukraine in February 2022 and oil prices soared around the globe, the oil industry has enjoyed three highly lucrative years...
Bussiness

Oil edges down ahead of US election, China NPC meeting

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By Florence Tan SINGAPORE (Reuters) - Oil prices eased slightly on Tuesday as markets braced for uncertainties from the U.S....
Bussiness

US lawmakers question oil service company’s SLB’s exception to Russian sanctions

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By Timothy GardnerWASHINGTON (Reuters) - Dozens of U.S. Representatives from both political parties urged the Biden administration to toughen sanctions on Russian oil shipments...
Bussiness

Texas natural-gas pipeline eases bottlenecks, paves way for higher shale output

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By Georgina McCartneyMIDLAND, Texas (Reuters) - A new pipeline carrying shale natural gas from west Texas toward export hubs on the U.S. Gulf Coast...
Bussiness

Waste flare gas from oil drilling sites to help power Saskatchewan’s electricity grid

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As pressure grows on the oil and gas sector to reduce its emissions, one Calgary-based company is banking on the potential to convert waste...
Bussiness

Libya to resume oil production at two of its major fields

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CAIRO (AP) — Libya’s state-run oil company said Thursday it was restarting full oil production, almost two months after shutting down operations in two...
Bussiness

Oil prices fall as expectations of higher supplies hammer market sentiment

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(Reuters) - Oil prices fell for a third day on Friday, on course to end the week lower, as investors focused on expectations of...
Bussiness

AMLO Calls for More Cash Injections to State Driller Pemex

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(Bloomberg) -- President Andres Manuel Lopez Obrador urged his successor to extend his policy of giving cash injections to Mexico’s state oil company.Most Read...
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