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Crude oil prices have been pretty quiet so far this year. WTI, the primary U.S. oil price benchmark, has hovered around $70. Several factors are supporting this oil price, including OPEC's ...
Gas prices are expected to rise in certain states as early as Tuesday as Canadian crude product imports get hit with duties as part of President Donald Trump's tariff plan. The Trump ...
Canada's oilfield drilling and services sector is already showing signs of slowing due to U.S. President Donald Trump's threatened tariffs, triggering fears that an expected industry rebound could ...
The company set targets to cut oil and gas output while increasing renewable energy production by 2030. But the climate-friendly strategy came under increasing scrutiny as profits declined in 2023 ...
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Iranian oil minister Javad Owji said if U.S.-led sanctions on Iran's oil and gas industry are lifted, Iran will have every capability to tackle the global energy crisis. [63] [64] The Biden administration was pressed on potential oil deals with Saudi Arabia, Venezuela, and Iran that would have them increase their oil production. [65]
(News-Press NOW) The Indonesian Attorney General’s Office arrests three executives of state-owned oil and gas company Pertamina on charges of corruption and fraud regarding gasoline quality that cost the government more than $11 billion USD. (The Straits Times) (The Jakarta Globe) Politics and elections. Second presidency of Donald Trump
Different estimates may or may not include oil shale, mined oil sands or natural gas liquids. Because proven reserves include oil recoverable under current economic conditions, nations may see large increases in proven reserves when known, but previously uneconomic deposits become economic to develop.