Senator Joe Manchin has told the White House and congressional leaders that he will not support including a key clean-power provision in the Democrats’ spending package, putting at risk a central element of the legislation designed to fight climate change, according to a person familiar with the matter. SourceContinue Reading
OPEC and its allies once again failed to pump enough oil to meet their output targets, exacerbating the supply deficit as the world recovers from the coronavirus pandemic. SourceContinue Reading
Venezuela intelligence police have transferred the six Citgo Petroleum Corp. executives who where under house arrest to its headquarters, lawyers for the men said. SourceContinue Reading
The U.S. Coast Guard boarded a container ship that dragged its anchor near to a Southern California subsea pipeline that was the source of an oil spill earlier this month. SourceContinue Reading
Occidental Petroleum Corp. agreed to sell its stakes in two Ghanaian oil fields for $750 million, ending a two-year divestment effort aimed at cutting debt. SourceContinue Reading
Turkish Petroleum has awarded Schlumberger a significant contract for the engineering, procurement, construction and installation (EPCI) of end-to-end production solutions for the Sakarya gas field, Turkey’s largest gas reserve. SourceContinue Reading
Bol Ring Mourwel, who was appointed head of Nile Petroleum Corp. in September 2020, was removed with immediate effect, according to a decree broadcast on state television on Thursday. SourceContinue Reading
Oil in London rose past $85 a barrel for the first time since 2018, the latest milestone in a global energy crunch that has seen prices soar. SourceContinue Reading
Israel said it’s unlikely to expand natural-gas exports even as countries across Europe clamor for more supply amid a severe energy crunch. SourceContinue Reading
