News

India Bought Russian Oil. Now It’s a Trade-War Weapon.
If Narendra Modi surrendered to President Trump, how tough would it be to wean his country from Russia’s discounted supply?
Why the oil market does not believe Trump's threats to tariff countries that buy Russian crude
Oil closed 1% lower Wednesday after President Donald Trump announced new India tariffs. Traders seem to believe Trump won't ...
Mexico pivots towards fracking to lift Pemex oil and gas production
Mexico is planning to increase the use of hydraulic fracturing to tap unconventional hydrocarbon deposits and boost oil and ...
Russia Says Drone Attack Caused Fire at Afipsky Oil Refinery
Drone attacks in the early hours of Thursday triggered a fire at the independent Afipsky refinery in southern Russia, ...
Takeaways from AP’s report on Alaska Natives’ response to oil and mining proposals
President Donald Trump’s administration and its allies have pushed aggressively for drilling, mining and logging in Alaska.
BP layoffs expand by 32% as energy giant shifts focus to traditional oil
The expanded layoffs are part of BP's broader "reset" strategy, first announced in January, aimed at slashing costs by $2 ...
Oil prices, global stocks turn down; European shares close up
European stocks closed at a one-week high on strong financial stocks and hopes of a Ukraine ceasefire, while global equities ...
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American oil and gas are taking opposite paths
The U.S. is the world’s biggest producer of both crude oil and natural gas. One fuels our cars and airplanes. The other heats ...