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…
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…
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…
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…
This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its…
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.…
Crude oil prices slumped to their lowest level this year amid concerns of weakening demands after China announced a retaliatory tariff on US crude oil…
Iranian president urges members to unite after Trump again initiates ‘maximum pressure’ sanctions campaign.Iran’s President Masoud Pezeshkian urged OPEC members to unite against possible US…
California Senate leader urges Dodgers to drop oil and gas advertisers
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…
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Canadian province slaps 25% tax increase on electricity exports to U.S. in response to Trump’s trade war
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…
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Sentences reduced for Just Stop Oil activists who blocked London highway
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…
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Trump Team Weighs Ending Oil Price Cap If Russia Talks Progress
Breadcrumb Trail LinksPMN BusinessAdvisers to President Donald Trump are sketching out potential Russia sanctions he could lift or tweak — including the oil price cap…
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Oil Majors Got Favorable Arbitration Rulings in Kashagan Dispute
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…
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Kuwait Doubles Down On Oil Infrastructure And Investment
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…
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Oil prices drop as OPEC+ agrees to gradually hike output from April
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…
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Trump nixes Venezuelan oil concessions granted by predecessor Joe Biden | Donald Trump News
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…
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BP drops climate targets in pivot back to oil and gas | Oil and Gas News
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…
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BP announces boost in oil, gas production after falling profits
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…
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BP to invest more in oil and gas as it cuts green plans
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…
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Kazakhstan Seeks Talks With Ukraine as Drones Hit Oil Pipe
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…
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Can new Africa Energy Bank power a continent while protecting the planet? | Oil and Gas News
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…
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The Geopolitics of Energy: How oil and Gas Shape Diplomacy
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,…
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Oil and gas advocate named by Trump to lead agency that manages federal lands
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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Falcon Oil & Gas Ltd. – Completion of Shenandoah SS-2H ST1 stimulation
This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its…
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U.S. Treasury Department sanctions network shipping Iranian oil to China
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.…
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Crude oil prices fall to a year-low as US-China trade war intensifies
Crude oil prices slumped to their lowest level this year amid concerns of weakening demands after China announced a retaliatory tariff on US crude oil…
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Iran calls for OPEC to unite against potential US oil sanctions | OPEC News
Iranian president urges members to unite after Trump again initiates ‘maximum pressure’ sanctions campaign.Iran’s President Masoud Pezeshkian urged OPEC members to unite against possible US…
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Could Canada really stop oil flow to the US in response to Trump tariffs? | Business and Economy News
A major trade war between the United States and Canada has been averted after US President Donald Trump agreed to hold off on imposing a…
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