European investigators probing the Nord Stream natural gas pipeline sabotage say that the Polish officials have been slow to share information and have withheld key evidence related to the movements of alleged
December 13, 3:31 AM
The deal has sparked controversy for insufficient financial and equity provisions for developing nations and resistance from major oil-producing countries.
November 30, 1:19 PM
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) have collectively decided to implement an additional 1 million barrels a day of oil supply cuts, reinforcing Saudi Arabia's recent extension of its equivalent voluntary reduction. Oil prices moved higher, with WTI trading at $77.82 and Brent crude oil moving around 83.90.
October 10, 2:53 PM
A subsea gas pipeline and a telecommunications cable connecting Finland and Estonia under the Baltic Sea have suffered damage in what appears to be a deliberate act, according to the Finnish government.
October 9, 12:43 PM
The U.S. Justice Department is intensifying its efforts to clamp down on violations of sanctions imposed on Russia's energy exports, with a particular focus on Murtaza Lakhani, the founder and CEO of Mercantile & Maritime Group, an oil trading and shipping company headquartered in Bahrain and Singapore.
September 26, 12:35 PM
In response to rising gasoline price concerns, Tai Milder, the director of California's Division of Petroleum Market Oversight (DPMO), has
September 1, 12:09 PM
Saudi Arabia's plans to list more shares of Aramco, the world's most valuable oil company, have resurfaced. The kingdom is reportedly considering selling up to $50 billion worth of shares, which could be the largest offering in capital market history.