By Simon Watkins Oman continues to expand its cooperation with China as it looks to build out its petrochemical sector Oman’s options to raise money…
Posts tagged as “crude oil”
By Naveen Athrappully The U.S. Department of Energy approved the release of 2 million barrels of crude oil to ExxonMobil from the Strategic Petroleum Reserve (SPR) on Dec. 30 as…
By Julianne Geiger The United States is ready to release even more barrels of crude oil from its emergency stockpiles, a senior advisor from the State…
By Cristina Laila How does this woman still have a job? Joe Biden’s Secretary of Energy Jennifer Granholm on Tuesday said she has no idea…
By Joseph Lord A coalition of 11 Democratic senators asked President Joe Biden in a Monday letter to take extreme steps to combat soaring gas prices,…
By Tsvetana Paraskova While oil and gas companies come under pressure to reduce production, the world’s thirst for new supply is only growing Without a significant…
By AMY TAXIN HUNTINGTON BEACH, Calif. (AP) — A Southern California beach that was closed more than a week ago because of a leak of…
By Matthew Smith Venezuela’s near-collapse and strict U.S. sanctions are creating an opportunity for Russia, Iran and China to strengthen their presence in Latin America, a…
By Michael Biesecker WASHINGTON—The U.S. Coast Guard said Saturday that cleanup crews are responding to a sizable oil spill in the Gulf of Mexico following Hurricane Ida.…
By Charles Kennedy Commodity traders are in a rush to ship as much Venezuelan heavy crude to China as possible before a new fuel tax…
BY TYLER DURDEN Officials are trying to figure out how a BNSF train carrying crude oil derailed in Whatcom County, Wash., on Dec. 22. The accident…
By Lisa Daftari Iran’s Foreign Ministry Spokesperson Saeed Khatibzadeh compared the U.S. to the “Pirates of the Caribbean” after the United States announced it seized…
A simple but important study by Luciano Celi shows what is the real energy return that oil companies manage to attain. Much smaller than you…








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