Exxon, Chevron Focus on Oil Projects in the Americas
The two largest U.S. oil companies are pulling back on big international oil projects and concentrating on a handful of more lucrative assets closer to home.
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All aspects of the oil business have come under the growing influence of the Guards, from the "shadow fleet" of tankers that secretively ship sanctioned crude, to logistics and the front companies selling the oil, mostly to China.
Saudi Arabia Is Losing Its Iron Grip on Global Oil Markets
When Ukraine cuts off Russian gas shipments via its pipelines, the European Union will face major shortages – but few as bad as in tiny Moldova.
Texas Attorney General Ken Paxton said that over several years, the firms used their influence to pressure coal companies to reduce their output.
China’s demand for oil, long an important driver of global oil demand growth, slowed dramatically during January–September 2024. Between 2000 and 2023, China accounted for 50 percent of...
The US Federal Reserve (Fed) commenced its monetary easing cycle on Wednesday with an aggressive 50 basis points policy rate cut. The United States is not alone in...
As new industries are emerging to support the energy transition, anti-corruption sanctions are an important part of the international effort to ensure that the global economy operates on...