oil and gas

Why Russian oil price cap is easier said than done

G7 leaders have agreed to study possible price caps on Russian oil and gas to try to limit Moscow's ability…

3 years ago

EXCLUSIVE Biden sidelined global energy partners with record emergency oil release

The United States announced a record-sized release of emergency crude oil reserves in March without consulting partners in the International…

4 years ago

Exxon signals record quarterly profit from oil and gas prices

Exxon Mobil Corp (XOM.N) on Monday signaled first quarter production results could top a seven-year quarterly record, with operating profits from pumping…

4 years ago

How the crisis between Russia and Ukraine is having an impact on Americans

The majority of American drivers are affected by high fuel prices, but just a few people bear the brunt of…

4 years ago

Here’s how the companies making headlines fared during Friday’s midday trade

Oil prices were expected to decrease for the second week in a row, but after unpredictable trading this week, they…

4 years ago

It is time to reduce oil consumption: the IEA has a 10-point strategy

As Russia sends a significant portion of its oil to Asia and Europe. However, it is worth noting that when…

4 years ago

Sanctioned Russia teeters on brink of historic default

The economic cost of Russia's assault on Ukraine was further exposed on Wednesday as the sanctions-hit country teetered on the…

4 years ago

Exxon to exit Russia, leaving $4 bln in assets, Sakhalin LNG project in doubt

Exxon Mobil (XOM.N) on Tuesday said it would exit Russia oil and gas operations that it has valued at more than $4…

4 years ago

Predictions of a disruption in Russia’s energy sector, have pushed up oil prices

Analysts believe that sanctions and the migration of Western oil corporations will have an immediate impact on Russian oil production.

4 years ago

Analysis: Russia’s economic defences likely to crumble over time under sanctions onslaught

Russia has spent the past seven years building up formidable financial defences, yet in the long run, its economy is…

4 years ago