India imported lower volumes of Russian crude oil in November while it boosted purchases of Middle Eastern crude, as Russia exported lower volumes overall while some Indian refiners were undergoing maintenance. In the months prior to November, India continued to boost crude imports from Russia. Over the past two years, India has become a key...Continue Reading

High Electricity Taxes Are Crippling European Industry | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Dec 23, 2024, 9:30 AM CST European countries need to work out ways to lower...Continue Reading

Tesla shares just reached a new all-time high following Trump’s victory in the 2024 presidential election, propelling the company to a massive $1.5 trillion valuation as of December 18, 2024. This graphic, via Visual Capitalist’s Marcus Lu, highlights the most valuable automakers by market cap worldwide as of Dec. 13, 2024, based on figures from...Continue Reading

Russia Expands Global Nuclear Footprint Despite Western Pushback | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Dec 23, 2024, 8:00 AM CST Russia is looking to maintain its position as...Continue Reading

Producers in the Permian basin, America’s top oil producing region, have made a lot of progress in reducing methane emissions, a recent report suggests, but the incoming Trump Administration could undo some of that progress, environmentalists warn.  The Biden Administration has enacted rules on reducing emissions from oil and gas operations, including a recently finalized...Continue Reading

One of the world’s top LNG exporters, Qatar, is threatening to stop shipping its gas to the European Union if the bloc moves to strictly enforce a new corporate sustainability directive with fines on non-compliant firms, Qatar’s Energy Minister Saad al-Kaabi told the Financial Times in an interview published this weekend.   Earlier this year, the...Continue Reading

Syrian Oil Supply Crisis Deepens as Iraq Cuts Exports | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 23, 2024, 4:00 AM CST Iraq has suspended crude oil deliveries to Syria, a member of the Iraqi parliament said on social media as quoted by BNE...Continue Reading

Trump Threatens Panama Canal Takeover Over “Excessive” Fees | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Dec 23, 2024, 3:00 AM CST President-elect Donald Trump has threatened to take over control of...Continue Reading

Fico Defies EU, Meets Putin to Secure Slovak Gas Supply | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Dec 23, 2024, 2:07 AM CST The Prime Minister of Slovakia visited Moscow this...Continue Reading

The American Shale Patch Is All About Depletion Now | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Dec 22, 2024, 6:00 PM CST Goehring & Rozencwajg: U.S. shale production peaked in late 2023 and is now declining. Geological...Continue Reading