oil industry

The oil company Shell plc will reportedly reduce the workforces in several of its exploration and development divisions by 20 percent.

Senator Sheldon Whitehouse (D-RI) said Sunday on MSNBC’s “Velshi” that former President Donald Trump made an “obvious quid pro quo” when he allegedly asked for a $1 billion donation from oil executives during a meeting at his Mar-a-Lago resort last month.

A report published on Monday by Bloomberg, citing the Russian Finance Ministry, found that Moscow generated over double the amount of revenue in April 2024 from oil sales and taxes compared to April 2023.

Iran claimed that its crude oil production output reached 3.115 million barrels per day (bpd) in October.

Ukraine’s National Agency on Corruption Prevention (NACP) announced on Tuesday that it had decided to add China’s three largest oil and gas companies to its list of “international sponsors of war” for their lucrative business interests in Russia, potentially driving a wedge between Kyiv and Moscow.

California-based oil company Chevron is planning to boost its oil production in Venezuela by adding at least two new oil rigs in the country, Reuters reported Monday.

CARACAS – Venezuela experienced at least 86 oil spills in 2022, an average of seven such accidents a month, according to a report published by the Venezuelan Observatory of Political Ecology (OEP) on Tuesday.

California Gov. Gavin Newsom (D) claimed victory Tuesday over oil companies with the signing of a law that caps their profits and punishes price gouging — though there is little evidence they are engaged in the practice.

Sen. Sheldon Whitehouse (D-RI) is planning on focusing the Senate Budget Committee, which he now chairs, on climate in the 118th Congress.

Iran’s state-owned National Iranian Oil Refining and Distribution Company (NIORDC) will soon begin to revamp Venezuela’s largest refining complex to restore its lost crude distillation capacity after years of socialist mismanagement, according to a report published by Reuters on Monday.

The United Arab Emirates, which will host this year’s COP28 United Nations climate conference, named the head of its state oil company as the president of that summit on Thursday – outraging environmental activists who oppose the existence of all fossil fuels as a threat to the planet.

California Gov. Gavin Newsom allowed local refineries to produce their “winter blend” of gasoline a month early in a bid to reduce gas prices, which have soared back to near-record levels even as prices in the rest of the country have slowly fallen from their peak.

Friday on Fox Business Network’s “Varney & Company,” Rep. August Pfluger (R-TX) reacted to Democrats arguing that the oil companies are to be blamed for the high gas prices.

9/11 Families United, the largest coalition of families victimized on that fateful day two decades ago, has publicly blasted Joe Biden for seeking to buy more Saudi Arabian oil despite calling the country a “pariah” state.

During my vice presidential debate against Biden in 2008, he had no solutions to the problem of high gas prices then; and 13 years later, he remains as clueless.

The BBC has been revealed to have received hundreds of thousands in ad revenue from Saudi Arabia’s national oil company.

Left-wing Hollywood stars including Mark Ruffalo, Jane Fonda, Leonardo DiCaprio, Ed Helms, Danny Glover, and Rosanna Arquette are putting pressure on President Joe Biden to shut down the Enbridge Line 3 oil sands pipeline — as well as all “fossil fuel infrastructure expansion” — claiming it represents an “attack” on the climate and indigenous rights.

Kelly Tshibaka, the conservative Republican Senate candidate challenging establishment incumbent Sen. Lisa Murkowski (R-AK) in Alaska, released her first television ad of the 2022 election on Monday, over a year ahead of the primary matchup.

K.T. McFarland noted how the Biden administration’s energy policies benefit Russia by driving up the price of oil in an interview on Friday’s edition of SiriusXM’s Breitbart News Daily with special guest host Joel Pollak.

Here’s a story to lift the spirits on World Environment Day: a woke clothing company getting totally roasted by an oil industry executive…

Prince Abdulaziz bin Salman, Saudi Arabia’s energy minister, crowed at Thursday’s OPEC meeting that the American energy revolution is over, OPEC would soon regain control over oil markets, and “Drill, baby, drill is gone forever.”

The chairman of the Texas Democratic Party said the red wave that moved through South Texas’s Starr County was due to three issues critical to Latino voters in that area: pandemic shutdowns, oil industry jobs, and abortion.

Rebecca Mansour warned Joe Biden’s energy policy proposals would facilitate further offshoring of U.S. auto manufacturing jobs to China.

Democratic nominee Joe Biden’s energy policies could have a devastating impact on Michigan that could potentially destroy 160,000 energy sector jobs, decimate the auto industry, impede manufacturing operations, increase home heating expenses, and create California-style rolling blackouts in the Great Lakes State.

Sen. Dan Sullivan (R-AK) said America’s energy industry “is going to come under serious attack” should Democrats seize a Senate majority.

Yvette Herrell and Steve Pearce joined SiriusXM’s Breitbart News Saturday where they discussed Joe Biden’s stance on energy and fuel and the impact it will have on Democrats in the state.

So much of America’s energy boom during Trump’s tenure can be attributed to his stated strategy of “energy dominance.” The White House’s Council of Economic Advisors (CEA) 2020 report found that in 2017 the United States became a net exporter of natural gas. It was a feat not seen since 1958. The United States became a net exporter of crude oil and petroleum products and will likely remain a net exporter for all of 2020 for the first time since 1949.

Rep. Xochitl Torres Small (D-NM) distanced herself from comments by former Vice President Joe Biden in the presidential debate Thursday night, after he pledged to “transition from the oil industry.”

Former Vice President Joe Biden pledged during Thursday evening’s final presidential debate in Nashville, Tennessee, that he would “transition” from the oil industry if elected to the White House.

Former Vice President Joe Biden said during the presidential debate on Tuesday night that, under his administration, the country will not build any more coal or oil plants in America.

Venezuelan dictator Nicolás Maduro announced military exercises had taken place on Thursday in anticipation of potential American military activity to prevent a group of Iranian oil tankers from arriving in the South American country.

President Donald Trump said Friday at the White House that he would consider helping the oil industry, vowing to make sure that the United States remained oil independent.

The queue for gasoline in Western Venezuela attracted 700 people by dawn on Sunday, as widespread fuel shortages continue to plague the crisis-stricken nation yet oil-rich nation.

“It sounds like a high school term paper that got a low mark,” Trump said, noting that it would shut down the oil industry and air travel.

President Donald Trump lauded the “revolution in American energy” under his administration in his State of the Union address on Tuesday.

The Chinese Foreign Ministry asserted that its efforts to contain North Korea are “earnest and serious,” while Chinese state media called President Donald Trump’s accusations of illicit oil trade with Pyongyang “absurd” and “irresponsible” on Friday.