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President Trump announced a 25 percent across-the-board tariff on any country that purchases oil from Venezuela - but who will really be paying for the additional cost? Also today, US/Russia talks begin again in Saudi Arabia. Will the US take contro
President Donald Trump is imposing a 25% 'Secondary' tariff on Venezuela, and a 25% tariff on "any Country that purchases Oil and/or Gas from Venezuela," payable to the United States "on any Trade they do with our Country."
...for Protest Against Dakota Access Pipeline
Oil tanker bursts into flames off the Yorkshire coast after being struck by container ship - sparking fears of environmental disaster
The U.S. Treasury just gave Chevron Corp. a short 30-day eviction notice from Venezuela, cutting off its ability to pump and sell crude from the sanctioned country.
The iconic 120 year old company shares fall as rumors of a takeover spread
-The Trump administration has reopened oil and gas leasing across 625 million acres of federal waters, the Arctic National Wildlife Refuge and the National Petroleum Reserve in Alaska. Interior Secretary Doug Burgum revoked these Biden-era restrictio
It's long been anticipated and expected, but now it's happening within just the first couple weeks of the new administration alongside Trump's threat to strangle the Russian economy by orchestrating a global oil price...
Colonial Pipeline (from gulf up to the east coast) has a leak...
On 1 January, Ukraine ceased to allow the transit of Russia gas to Europe. This ended almost uninterrupted supply of Russian piped gas to Europe, through sovereign Ukraine, since the collapse of the Soviet Union.
...in Final Bid to Block Trump's Energy Agenda: Report
DRILL BABY DRILL! Gas Prices Expected to Fall Further in 2025 – Trump Aiming For Under $2 a Gallon
The 2nd largest gas formation in the world was discovered in Argentina in 2011, but socialism prevented it's development. But things are different now, and the future is bright.
He once said this: "The diesel engine can be fed with vegetable oils and would help considerably in the development of agriculture of the countries which use it"
After decades on the outs with environmentalists and regulators, nuclear power is being heralded as a key component for a "net zero" future of clean, reliable energy. Its promise is likely to fall short, however, due to some hard realities.
It isn't just nuclear projects getting in on the "selling power to data centers" trend - now oil supermajor Exxon is joining the trend.
A recent report in Bloomberg has collected and analyzed five years of satellite images monitoring the South China Sea off Malaysia to detail something which should come as no surprise: Iran and China's sanction-busting activity regarding Iranian oil
Donald Trump assigned Doug Burgum a singular mission in nominating the governor of oil-rich North Dakota to lead an agency that oversees a half-billion acres of federal land and vast areas offshore: "Drill baby drill."
Oil prices are falling Tuesday on the headline that Iran has agreed to cease producing uranium which is enriched at near nuclear bomb grade levels.
Russia is eyeing yet another pipeline to China, this time via Kazakhstan, capable of delivering up to 35 bcm of natural gas annually.
Two Refineries That Produce 14% Of California's Gasoline Set To Close Due To "Regulatory Pressure"
After a relatively weak year for Canada's oil producers, output growth in 2024 could amount to a significant 300?"500k/barrels per day ?" putting the nation in the running to be the largest source of global oil supply growth. The Trans Mount
"[oil companies] are screwing you; they've been screwing you for years,"
California Gov. Gavin Newsom on Sept. 25 signed a series of bills into law that limit oil and gas operations across the state, prompting criticism from a member of the fossil fuel industry who says the measures will lead to higher costs for Californi
"Chevron Corp., Exxon Mobil Corp. and Shell Plc are among the companies taking measures such as evacuating..."
Ukrainian media has reported that starting January 2025, the transit of Russian oil through the Druzhba pipeline in the Eastern European country will be halted, along with the transit of natural gas.
Oil edged higher following a short run of declines as traders readied for weekly stockpile data in the US and Washington continues to push for a cease-fire between Israel and Hamas.
'Californians Deserve a Strategic Transition Away from Petroleum Transportation Fuels'
If someone were to disrupt the Strait of Hormuz, it would cause immediate global economic chaos as energy prices skyrocket.
"It's not like the house is on fire immediately," Tesla's CEO said during an interview with former President Donald Trump.
