Timing may reflect the White House’s concern over a tight oil market.
Read More »Nord Stream 2. the World’s most Controversial Energy Project
Critics say that the natural-gas pipeline will strengthen Russia’s hand in Europe and isolate Ukraine.
Read More »US to Impose Devastating Set of Sanctions on Russia
The sanctions proposed against Russia’s energy sector could cause more damage. but the details remain unclear.
Read More »St. Petersburg to Host World Energy Congress in 2022
The previous congress was held in Istanbul in 2016 and the next one will be in Abu Dhabi in 2019.
Read More »An OPEC-Free World
As Saudi Arabia raised its production. the number of rigs drilling for oil in the US fell by 80%.
Read More »US Oil Companies Ask Congress Not to Ramp Up Russia Sanctions
Opponents claim sanctions unfairly penalize US firms while allowing their foreign rivals such as Royal Dutch Shell and BP to operate in Russia.
Read More »OPEC Looking for Legal Strategy as U.S. Pushes Anti-Cartel Bill
OPEC pumps about a third of the world’s crude. and the biggest of its 15 members is Saudi Arabia. one of America’s closest friends in the Middle East.
Read More »Could Russia and US Work Together to Regulate Oil Prices?
Trump has said Putin is ``a competitor. and a good competitor he is.``
Read More »Trump Eyes US Oil Reserve to Lower Prices at the Pump
Critics say using the oil reserve for anything other than an oil supply disruption is unwise.
Read More »Putin and Trump to Discuss Oil Prices at Summit in Helsinki
President of Russia Vladimir Putin and US leader Donald Trump are going to discuss oil prices at the summit in Helsinki.
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