Tag: Oil and Gas
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Trump’s state capitalism comes to the oil industry with his unprecedented Venezuela deal
The deal comes eight months after Washington ousted former President Nicolás Maduro in a military raid.
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Diesel hits record high as Ukraine and Iran wars knock out refineries, fueling inflation worries
Higher prices come as Ukraine pounds Russian refineries, forcing Moscow to ban diesel exports.
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Argentina’s Milei escalates Falklands dispute as Trump questions U.S. support for Britain
Argentina’s President Javier Milei has renewed the country’s claim to the Falkland Islands and threatened sanctions on oil companies.
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European Union joins U.S.-led ‘Operation Economic Outcast’ as Iran cries foul
The bloc’s endorsement came as the Group of 20 finance ministers and central bank governors gathered in Asheville, North Carolina, earlier this week.
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Trump-promoted Freedom Fuel expands to Detroit as lawsuit over supplier’s unpaid fuel heats up
Freedom Fuel won free publicity when President Donald Trump urged other gas retailers to emulate its low prices in July.
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Buy these cheap dividend-paying energy stocks, Goldman Sachs says
The firm still sees an opportunity to grab attractive dividend-paying energy names, despite the sector’s run higher this year.
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Brent oil price above $96 per barrel after Iran fires missiles at Kuwait
Oil prices have gained more than 7% this week The U.S. and Iran have traded military strikes this week for the first time since July.
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EnQuest is interested in buying BP’s North Sea assets, CEO tells CNBC
EnQuest CEO Amjad Bseisu told CNBC the company is interested in BP’s U.K. North Sea assets as the oil major explores a sale of the business.
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Iran attacks Kuwait as Trump says renewed Mideast hostilities will not last ‘too long’
On Thursday, Kuwait’s army said it was confronting hostile missile and drone attacks from Iran.
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Energy Secretary Chris Wright tells CNBC more than 17 million barrels of oil transited Hormuz on Monday
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