Latest in Iranian Oil Tanker
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Biden’s overdue sanctions on Russian oil are a slap at Trump
Oil prices are rising, and you can thank Joe Biden.The Hill - Jan. 17 -
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India is staring at an 'oil shock' as U.S. sanctions on Russian crude loom
India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia's oil industry.CNBC - Jan. 17 -
Biden Administration Creates Final Limits for Oil Drillers in Alaska
Republicans said they were seeking ways to quickly reverse the restrictions in the state’s North Slope region.The New York Times - Jan. 17 -
Oil ends lower, with U.S. prices failing to hold above $80 a barrel
Oil futures settled lower on Thursday, pulling back as news of an Israel-Hamas cease-fire deal helped to ease some worries about risks to global supplies — though the agreement has reportedly hit a ...MarketWatch - Jan. 16 -
Bessent says US should increase sanctions on Russian oil companies
Trump Treasury pick tells Senate panel he wants to ratchet up pressure on Putin regimeFinancial Times - Jan. 16 -
U.S. sanctions on Russia hit oil freight rates
On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia's energy revenues, including on 183 vessels, largely oil tankers.CNBC - Jan. 16 -
Oil major BP to cut thousands of jobs in cost-saving drive
British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.CNBC - Jan. 16 -
Has China already reached peak oil?
The country’s demand for crude seems to be plateauing sooner than expected. The implications are hugeFinancial Times - Jan. 16 -
Oil prices end higher as traders weigh demand prospects, supply risks
Oil futures settled higher Wednesday, finding support after snapping a three-day winning streak that had been driven in part by wider U.S. sanctions on Russia as well as cold weather in much of the ...MarketWatch - Jan. 15 -
Why Oil Industry Jobs Are Down, Even With Production Up
The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as it employed a decade ago.The New York Times - Jan. 14 -
Oil futures settle at a 5-month high as U.S. tightens sanctions on Russian oil
U.S. and global benchmark crude-oil prices settled Monday at their highest since August as investors focused on the potential supply hit from further tightening of U.S. sanctions on Russia’s oil ...MarketWatch - Jan. 13 -
Oil Tycoon Harold Hamm Throwing an Inauguration Day Party
Harold G. Hamm, the founder of the Oklahoma-based Continental Resources, and other oil and gas companies stand to profit from Donald Trump’s energy policies.The New York Times - Jan. 13 -
Supreme Court allows Honolulu lawsuit against oil companies to proceed
The U.S. Supreme Court on Monday rejected a request by oil companies to dismiss a lawsuit by the city of Honolulu seeking to hold them responsible for the impacts of climate change. The defendants ...The Hill - Jan. 13 -
EU shipyards are fixing Russia’s Arctic LNG tankers
Repairs and dry-docking enable Moscow to maintain market access for gas plant through the winterFinancial Times - Jan. 13 -
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Italian Justice Ministry Moves to Release Iranian Man Sought by the U.S.
The request to revoke the man’s arrest came only days after Iran released an Italian journalist. Iranian state news said the man was now in Tehran, but Italy has not confirmed that.The New York Times - Jan. 12 -
Italy releases Iranian man wanted by US over drone attack in Jordan
Mohammad Abedini detained on US warrant three days before Italian journalist Cecilia Sala was arrested in Iran. Italy has released an Iranian citizen wanted by the US over a drone attack in Jordan ...The Guardian - Jan. 12 -
Italy Frees Iranian Wanted by U.S.
Iranian businessman Mohammad Abedini was released after an Italian journalist was freed by Tehran.The Wall Street Journal - Jan. 12 -
Italy's justice minister seeks to revoke the arrest of an Iranian based on a US warrant
Italy’s justice minister has asked an appeals court to revoke the arrest of an Iranian citizen wanted by the U.S. over a drone attack in Jordan that killed three Americans a year agoABC News - Jan. 12 -
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Germany battles to secure ‘Russian shadow fleet’ oil tanker adrift off northern coast
The Eventin was sailing from Russia to Egypt with 100,000 tonnes of oil when its engine failed and it lost ability to manoeuvre. Germany is battling to secure a heavily loaded tanker stranded off ...The Guardian - Jan. 11 -
Iran Races to Sell Oil Stored in China
Tehran has shipped out nearly 3 million barrels to raise money that could be used to shore up its allied militias in the Middle East.The Wall Street Journal - Jan. 11 -
Los Angeles is on fire and big oil are the arsonists | Tzeporah Berman
Every barrel of oil, every cubic meter of gas, and every ton of coal burned brings us closer to environmental catastrophe. Apocalyptic flames and smoke are raging through southern California in ...The Guardian - Jan. 11 -
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US and UK toughens sanctions on Russian oil industry
The actions are aimed at cutting off revenue Moscow is using to fund its war in Ukraine.BBC News - Jan. 11 -
Oil prices rally as fresh U.S. sanctions on Russia threaten global supplies
Oil futures ended sharply higher on Friday, as fresh U.S. sanctions on Russia’s oil sector looked to threaten global supplies and as winter storms in the U.S. were expected to boost demand for ...MarketWatch - Jan. 10 -
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Biden administration imposes toughest sanctions on Russian oil and gas
Measures targeting Russian energy sector attempt to leverage peace deal for Ukraine in Trump administration. The Biden administration on Friday imposed its broadest package of sanctions yet ...The Guardian - Jan. 10 -
US imposes wide-ranging sanctions on Russian oil sector
Move by outgoing Biden administration made in co-ordination with UKFinancial Times - Jan. 10 -
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Oil futures end higher, with Brent turning up for the week
Oil futures gained on Thursday, with global benchmark prices turning higher for the week and buoyed by optimism over the outlook for demand.MarketWatch - Jan. 9 -
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Top Iranian General Admits ‘Big’ Defeat in Syria
For weeks, Iranian officials have downplayed the fall of their ally in Syria. But an important general has offered a remarkably candid view of the blow to Iran, and its military’s prospects.The New York Times - Jan. 9 -
Trump will struggle to drive down oil prices
Energy production in the US will rise but more of the output will be gassyFinancial Times - Jan. 9 -
Alaska sues Biden administration over restrictions on arctic oil, gas development
The state of Alaska on Wednesday sued the Biden administration over restrictions the federal government imposed in December on oil and gas leases in the Arctic set for auction this week. The ...The Hill - Jan. 8