U.S. officials act to block illicit Iranian oil trade with China
1 of 2 | A petroleum platform operates off the coast of Iran in Persian Gulf waters (2011). The Department of State and Department of…
1 of 2 | A petroleum platform operates off the coast of Iran in Persian Gulf waters (2011). The Department of State and Department of…
Qatar will provide 400 megawatts of electricity daily to Syria, where authorities have struggled with power generation.Qatar has begun providing natural gas to Syria through…
Reggae singer and Jamaican national icon Cocoa Tea has died. He was 65.The singer, born Calvin George Scott, died Tuesday of cardiac arrest in Fort…
A leading member of the California Senate is urging Dodgers owner Mark Walter to end the team’s sponsorship deals with oil and gas companies, telling…
TORONTO — Ontario’s premier, the leader of Canada’s most populous province, announced that effective Monday it is charging 25% more for electricity to 1.5 million Americans in…
The co-founder of British climate activist group Just Stop Oil had his sentence reduced for organizing a blockade of a major highway around London, a…
Breadcrumb Trail LinksPMN BusinessAdvisers to President Donald Trump are sketching out potential Russia sanctions he could lift or tweak — including the oil price cap…
Breadcrumb Trail LinksPMN BusinessOil majors operating the giant Kashagan oil field received a pair of favorable arbitration rulings in multibillion-dollar disputes with Kazakhstan’s government over…
In January 2024, Khaled Al-Sabah, CEO of Kuwait Petroleum Corporation (KPC), unveiled an ambitious $30 billion investment plan aimed at boosting the emirate’s oil production…
Oil prices had already been trading lower in the last few weeks, partly because of expectations that US president Donald Trump could swiftly end Russia’s…
United States President Donald Trump has cancelled oil production concessions granted to Venezuela under his predecessor, Democrat Joe Biden. In a social media post on…
BP slashes planned investment in renewable energy and is increasing annual oil and gas spending.Oil major BP says it has slashed planned investment in renewable…
Petroleum giant BP said on Wednesday that it plans to boost its annual oil and gas spending to $10 billion through 2027 as part of…
BP has announced it will slash its renewable energy investments and instead focus on increasing oil and gas production.The energy giant revealed its shift in…
Breadcrumb Trail LinksPMN BusinessKazakhstan is seeking discussions with Ukraine after an attack by its drones on Russian territory affected flows through its important crude export…
A group of African countries is set to launch a bank to fund oil and gas projects amid growing reluctance by Western institutions to further…
Throughout decades, energy has played a central role in global diplomacy, impacting alliances, wars, and economic policies. As states attempt to guarantee steady energy supply,…
Breadcrumb Trail LinksPMNPMN BusinessAuthor of the article:The Associated PressMatthew Brown And Matthew DalyPublished Feb 12, 2025 • 3 minute read You can save this article…
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The Treasury Department Thursday imposed new sanctions on an international oil network it said ships hundreds of millions of dollars of Iranian oil to China.…