By Reuters MOSCOW, Jan 14 (Reuters) – Kazakhstan on Wednesday urged the U.S. and Europe to help secure the transport of oil following drone attacks on tankers heading to a Black Sea terminal on the Russian coast which handles one percent of global supply....
Yahoo Finance – Oil prices rose to a two-month high on Wednesday as traders priced in a heightened risk premium on Iran, where protests have been raging, and President Trump said the country’s ruling regime would “pay a big price.” International pricing benchmark...
Business & Industry Connection Magazine – On July 4, 2025, after months of debate and negotiation, President Donald Trump signed the keystone budgetary bill for his second administration. Dubbed “The One Big Beautiful Bill” (BBB), it will have a profound impact both on...
E&E News by Politico – The historic Spindletop oil site in Texas offers a model for storing more natural gas underground amid forecasts of surging demand. BEAUMONT, Texas — From the surface, the Spindletop salt dome in East Texas looks like a shadow...
Bitcoin.com – Reuters first reported the partnership between the U.S. Department of Energy (DOE) and Advanced Micro Devices (AMD), marking a $1 billion public-private initiative to advance artificial intelligence (AI) and high-performance computing for scientific research. DOE Taps AMD to Lead $1B Supercomputing Push...
EnergyNow Media – The U.S. will double its natural gas exports over the next five years and could double them again in the following five or ten years “if demand is there, and I suspect it will be,” U.S. Energy Secretary Chris Wright...
European Union nations on Monday will discuss preparations for the winter with Ukraine having signaled it has no intention to renew a five-year pipeline transit agreement to supply natural gas to EU countries when it expires on December 31, 2024. “Energy affordability remains a pressing...
Team Trump is proposing radical changes to the U.S. policy toward electric vehicles and tailpipe emissions, including axing the EV incentives and the government mandate for federal EV fleets, and rolling back the Biden Administration’s rules on tailpipe emissions and fuel economy standards,...
(Bloomberg) — Oil-storage tanks at a key US crude hub have drained to near their bottoms as a massive new pipeline in Canada diverts flows elsewhere, muddying market signals that traders have long relied on. Most Read from Bloomberg Inventories in Cushing, Oklahoma,...
Foreign investors are encouraged to invest in developing the oil and gas storage and supply infrastructure system, but are not permitted to engage in the petroleum distribution, import and export. Foreign investors are encouraged to invest in developing the oil and gas storage...