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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 -
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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 -
NATO allies unsettled by alleged Russian Baltic Sea sabotage scramble to respond
A spate of alleged sabotage operations against undersea cables in the Baltic Sea has raised the prospect of a dangerous 2025 in NATO's northern theater.ABC News - Jan. 13 -
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Germany says Russian 'shadow' ship stuck in Baltic Sea
Germany's foreign minister accused Moscow of "deploying a fleet of rusty tankers" to avoid sanctions.BBC News - 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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Photo shows rescue of baby girl born at sea on migrant ship
"Christmas ended in the Canaries with the rescue of a baby born while crossing the sea," the coastguard said.CBS News - Jan. 9 -
Photo shows the rescue of a baby born at sea on a crowded migrant boat
A baby was born on a migrant boat between Africa and Spain's Canary Islands, Spain's maritime rescue agency said.NBC News - 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 -
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Want to sponsor a piece of ocean paradise? How one Pacific island’s novel response to rising seas is paying off
The tiny nation of Niue has raised £3m selling sponsorship of its marine protected area at just over £100 for a square kilometre. Niue, also known as the Rock of Polynesia, is one of the tiniest ...The Guardian - Jan. 8 -
Oil futures settle at their highest level since October
Oil futures finished higher on Tuesday, shaking off their losses from a day earlier to resume the rally they started the year with and buoyed by expectations for stronger demand.MarketWatch - Jan. 7 -
