Oil
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News
The Fierce Debate Over Managing Oil Prices
During President Barack Obama’s eight years in office, the Strategic Petroleum Reserve shrank by about nine million barrels. Under President…
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World
Oil Drilled in the Amazon Rainforest Ends Up in California
“One in every nine tanks of gas, diesel or jet fuel pumped in California comes from the Amazon,” one researcher…
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Finance
Ecuador Tried to Curb Drilling and Protect the Amazon. The Opposite Happened.
YASUNÍ NATIONAL PARK, Ecuador — In a swath of lush Amazon rainforest here, near some of the last Indigenous people…
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World
Should an Oil Executive Oversee Climate Talks? The U.A.E. Thinks So.
Sultan Al Jaber, who heads the Abu Dhabi National Oil Company, was chosen by the United Arab Emirates to head…
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World
Attack on Oil Workers in Eastern Syria Kills at Least 10
No group claimed responsibility for the assault on a bus convoy. But Islamic State militants remain active in parts of…
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News
Russia Is Starting to Feel Squeezed by Sanctions
Vladimir Milov, a Russian opposition politician who favors strong sanctions against Russia to stop the war in Ukraine, asked me…
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Finance
Biden Administration to Buy Three Million Barrels of Oil
The move appears to signal an end to the government’s effort to sell oil from a strategic reserve to help…
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World
Turkey Is Strengthening Its Energy Ties With Russia
As Moscow seeks new customers for oil, gas and coal, Ankara is a willing buyer as it promotes plans as…
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World
An E.U. embargo of Russian oil and the G7’s price cap take effect.
Europe and the United States started enforcing on Monday two of the toughest measures aimed at curbing Russia’s income from…
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World
The Kremlin’s defiance adds to questions over whether the price cap will work.
Moscow insisted that it would not sell oil that is subject to a price limit agreed upon by the Group…