US shale producers are focused on capital discipline and shareholder returns, limiting the impact of Trump’s pro-oil policies. Increased Permian rig activity is unlikely to significantly boost oil production due to inventory depletion and efficiency […]
By Julian Lee, Serene Cheong and Alex Longley (Bloomberg) — The most aggressive Western sanctions imposed on Russia’s oil sector since Moscow’s 2022 invasion of Ukraine threaten to disrupt global supply as buyers — led by China […]
Hungarian PM has accused Kiev and Washington of jeopardizing energy security across Europe Ukraine’s decision to block gas transit and the outgoing White House administration’s latest sanctions on Russian oil are driving Europe toward […]
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Days before Trump takes office, Brayton Point loses $300 million offshore wind cable plant development project THE ITALIAN COMPANY seeking to build a cable manufacturing plant at Brayton Point in Somerset, Massachusetts, pulled the plug on […]
One millionaire left the UK every 45 minutes in 2024 after the Labour Party’s tax overhaul, a report says Millionaires are leaving the UK in droves since the Labour Party took over last year, The […]
Janet Yellen has told Congress that her department will pause retirement payments in a bid to avoid default US Treasury Secretary Janet Yellen has said her department will take “extraordinary measures” to prevent the US […]
The two nations, both under immense pressure, are together pushing to create a fairer world The relationship between Russia and Iran is deeply rooted in history, dating back to the 16th century when the two […]
The U.S. recently announced sanctions on Russian oil producers, along with vessels that have been shipping barrels of Russian crude. India will be hit the hardest by the sanctions, more so than China which has […]
To Democrat’s chagrin, Trump’s energy secretary pick pledged at his confirmation hearing to focus on restoring US energy dominance. US President-elect Donald Trump’s energy secretary pick on Wednesday pledged to focus on what he called […]
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