Iran’s Oil Minister Javad Owji announced on Sunday that Iran has finished repairing Venezuela’s El Palito refinery, allowing upwards of 100,000 barrels per day of Iranian oil to be refined overseas in the rogue South American socialist nation, according to a report published by the Islamic Republic News Agency on Monday.
On Wednesday’s broadcast of CNBC’s “Squawk Box,” White House Senior Adviser for Energy Security Amos Hochstein argued that concern from energy companies “that maybe sometime in the future there will be a regulation that they don’t like” is “not really
Reporters questioned Biden about his decision to release more oil from the national reserves, asking him if his decision was political.
South African President Cyril Ramaphosa said during a visit to Riyadh this weekend that Saudi Arabia’s Crown Prince Mohammed bin Salman is interested in joining the BRICS coalition, a trade and security organization led by Russia and China.
Oil and gas drilling saw solid gains in September.
Thursday, during an appearance on FNC’s “Hannity,” Sen. Marco Rubio (R-FL) attacked the Biden administration for its failed efforts to lower oil prices, which he said were a representation of the “radical left-wing Marxist misfits” that control the modern Democratic Party.
During an interview aired on Thursday’s edition of NBC’s “Top Story,” White House NSC Coordinator for Strategic Communications John Kirby argued that the White House did not ask OPEC+ to delay cutting back oil production until after the midterms even
On Thursday’s broadcast of Bloomberg’s “Bloomberg Markets: The Open,” White House National Economic Council Director Brian Deese responded to questions on whether the Biden administration asked OPEC+ to delay its production cut for a month by stating that he didn’t
Russian media on Thursday boasted that Moscow stands ready to become a primary supplier of arms to Saudi Arabia if the Biden administration makes good on its threats to cut back on military sales to the Kingdom.
Saudi Arabia stressed their decision to back OPEC+ production cuts had nothing to do with the midterm elections in the United States.
The Ministry of Foreign Affairs of Saudi Arabia issued an outraged statement Thursday condemning the White House, without naming any official in particular, for claiming that Riyadh supported an OPEC+ decision to cut oil production by two million barrels a day because it had decided to side with Russia in the ongoing Ukraine war.
Sheikh Mohamed bin Zayed al-Nahyan, president of the United Arab Emirates (UAE), met with Russian President Vladimir Putin in St. Petersburg to discuss “friendly relations” and “common interests.”
On Monday’s broadcast of the Fox Business Network’s “Kudlow,” Sen. Dan Sullivan (R-AK) criticized the Biden administration for dragging out the approval for the Willow Project for oil development in Alaska that has broad support while “this President and his
Members of the public lost patience with ‘Just Stop Oil’ climate change activists blocking traffic in London, dragging them bodily from the road in the absence of police action.
On Saturday’s broadcast of MSNBC’s “Velshi,” Rep. Sean Casten (D-IL) said he has a difficult time “not seeing what OPEC has done as a direct response to what we have done in this Congress to give people access to cleaner
President Joe Biden will have drained the Strategic Petroleum Reserve (SPR) to a 40 year low at the end of October, according to industry experts.
During an interview with Bloomberg on Thursday, Special Presidential Coordinator for Energy Security Amos Hochstein said that he did not leave his meeting with Saudi Crown Prince Mohammed bin Salman around two weeks ago where energy was one of the topics
President Joe Biden’s anti-drilling policies have cut oil supplies as much as the decision Wednesday by OPEC+ to slash two million barrels of oil production, an analysis by the Committee to Unleash Prosperity shows.
The Biden administration is preparing to ease oil sanctions on the socialist regime of Venezuela that would allow California-based Chevron to resume oil production there, potentially opening a path for the return of Venezuelan oil exports into U.S. and European markets, according to a report published by the Wall Street Journal on Wednesday.
Nigeria’s state oil company, NNPC Ltd, on Wednesday announced the discovery of a secret pipeline plugged into the Forcados export terminal.
On Thursday’s broadcast of CNBC’s “Squawk Box,” Rep. Ro Khanna (D-CA) called for a ban, with exceptions for exports to our allies on oil exports, to forbid things like the Biden administration selling oil from the Strategic Petroleum Reserve to
Secretary of State Antony Blinken continued his ongoing tour of Latin America, landing in Peru on Thursday, where the Organization of American States (OAS) will be holding its annual General Assembly.
The Taliban terrorist organization, operating as the de facto government of Afghanistan, signed a major agreement with Russia last week that would significantly reduce pressure on the country’s fuel supply — but at an unclear price, the American outlet Radio Free Europe/Radio Liberty (RFE/RL) noted on Wednesday.
On Wednesday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Sen. Tom Cotton (R-AR) stated that if Republicans take back the Senate in the 2022 midterm elections, they can use the power of the purse to force the Biden administration
The White House on Wednesday accused the Organization of the Petroleum Exporting Countries (OPEC+) of siding with Russia by deciding to cut oil production.
On Wednesday’s broadcast of CNBC’s “Power Lunch,” White House National Economic Council Director Brian Deese said that “We want to see companies, energy companies bring prices down at the pump to reflect the wholesale price that they’re paying” while also
On Tuesday’s broadcast of the Fox News Channel’s “Fox News @ Night,” Sen. Marsha Blackburn (R-TN) argued that because of the Biden administration’s energy policies, and the large amount of American debt that is held by OPEC member nations, the
On Tuesday’s broadcast of the Fox Business Network’s “Kudlow,” Sen. John Hoeven (R-ND) stated that OPEC sees the Biden administration draining the Strategic Petroleum Reserve and OPEC cutting production is “like jiu-jitsu.” And “They’re going to make the administration” buy
On Wednesday’s broadcast of the Fox News Channel’s “America’s Newsroom,” White House NSC Coordinator for Strategic Communications John Kirby said that the United States needs to be less dependent on foreign oil and that’s why President Biden “has issued more
On Wednesday’s broadcast of the Fox News Channel’s “America’s Newsroom,” White House NSC Coordinator for Strategic Communications John Kirby defended President Biden’s Saudi trip as “not about oil.” And reacted to announced production cuts by OPEC+ by stating that OPEC+ has
A stinging rebuke to the Biden administration.
On Tuesday’s broadcast of CNN’s “The Lead,” CNN Senior National Security Correspondent Alex Marquardt reported that the White House is “panicking” over the prospect that OPEC will cut oil production and is engaging in a “furious, last-ditch, wide-scale effort” to
Oil prices rose by almost $4 per barrel on Monday with news that OPEC+, the expanded Organization of Petroleum Exporting Countries that includes Russia, could announce its largest production cut in years during its meeting this week.
On Monday’s broadcast of the Fox Business Network’s “Kudlow,” Sen. Kevin Cramer (R-ND) weighed in on Native American leaders criticizing the Biden administration for its policies toward oil, gas, and coal development on tribal lands by stating that the tribes
Climate extremist group Just Stop Oil has blockaded Downing Street, site of the Prime Minister’s official residence, and say they will not leave “until their demands are met”.
On Friday’s broadcast of the Fox Business Network’s “Mornings with Maria,” Rep. Michael Burgess (R-TX) said that Congress needs to ensure that money the government has gotten from selling oil from the Strategic Petroleum Reserve is used to re-stock the
Woke Hollywood producer, “Vice” and “Don’t Look Up” director Adam McKay created a fake Chevron ad in an attempt to skewer the company and push his far-left global warming agenda, even as McKay — with his estimated $60 million net worth — enjoys flying thousands of carbon-spewing miles to his various homes around the world.
The Chinese government-run newspaper Global Times speculated on Thursday that China has the capacity to export refined oil to Europe as a means of replacing the lost natural gas that would have come in from the broken Nord Stream pipelines in the Baltic.
On Wednesday’s broadcast of the Fox Business Network’s “Fox Business Tonight,” Rep. Kevin Brady (R-TX) discussed the Buy Low and Sell High Act introduced by House Democrats and stated that after President Joe Biden drained the Strategic Petroleum Reserve to a
German Chancellor Olaf Scholz has tested positive for the coronavirus, his spokesman told the news agency dpa on Monday.
