Business Insider5d
Moscow's oil exports are under pressure as Western sanctions hit Russia's 'shadow fleet'
Oil and gas revenues accounted for around 30% of Russia's federal budget in 2024, Alexander Novak, Russia's Deputy Prime Minister, wrote in Energy Policy last week. And Western sanctions already ...
Crude Oil Prices5d
Western Europe’s Biggest Oilfield Shut Down Due to Power Outage
Johan Sverdrup, the biggest producing oil field in Western Europe, began producing in 2019. The peak production level is seen at 755,000 barrels daily, which is significantly higher than initial ...
Business Insider5d
Gulf of Mexico, or Gulf of America? Trump makes a call, but who follows?
President Donald Trump's decision to rename the Gulf of Mexico is more than just geographical nitpicking — it's a political move that shows how he wants to be perceived by the world, experts in ...
WTOP News5d
Nigeria moves to restart oil production in vulnerable region after Shell sells much of its business
Western oil companies are retreating from Nigeria A number of Western oil companies, including ExxonMobil, Eni, Equinor, and TotalEnergies — and now Shell — are retreating from Nigeria.
kcra.com3d
Bureau of Land Management, oil companies sued over drilling permits in San Joaquin Valley
Lawsuit claims new permits do not take environmental or health impacts into account. A lawsuit filed by the Center for Biological Diversity, the Sierra Club, Friends of the Earth, and the ...
Yahoo News5d
Moscow's oil exports are under pressure as Western sanctions hit Russia's 'shadow fleet'
Some countries have begun delisting sanctioned Russian shadow tankers. Russia's "shadow fleet" is running out of options to export oil. The US, UK, and EU have all levied heavy sanctions on Russian ...