Mohamed Yunus al-Menfi, head of the Presidency Council that administers the internationally-recognized LIbyan government, told the U.N. General Assembly on Wednesday that his country remains fractured a decade after former U.S. President Barack Obama’s invasion, with constant threats of factional violence.
Colombian President Gustavo Petro devoted much of his speech to the U.N. General Assembly on Tuesday to call for an end to the United States’s “war on drugs” while denouncing the consumption of “poisonous” coal and oil.
Republican Washington state U.S. Senate candidate Tiffany Smiley is calling for a return to American energy independence, according to her energy and environment policy proposal obtained exclusively by Breitbart News.
The Secretary General of the Organization of Petroleum Exporting Countries (OPEC), Haitham Al Ghais, traveled to Venezuela on Tuesday to meet with socialist dictator Nicolás Maduro, touting the “key role” of Venezuelan oil in the international market.
IRAQ – For President Joe Biden, a renewed Middle East crisis lurks just as the Afghan withdrawal debacle enters the rearview mirror and record-high gas prices continue to retreat.
Republicans cannot allow Democrats to divide them on important issues such as energy policy, Jeff Duncan exhorted in an exclusive ad released Tuesday, reminding his colleagues that the right side has the “winning strategy.”
On Friday’s broadcast of C-SPAN’s “Washington Journal,” Rep. Brad Sherman (D-CA) said that electric vehicles in California can still be charged for eight hours a day and argued California’s recent ban on the sale of new gas-powered vehicles by 2035
On Thursday’s edition of NPR’s “Here and Now,” MSNBC host and NBC Business Correspondent Ali Velshi discussed price caps on Russian oil and said that regardless of whether there’s a cap, if China and India keep buying fuel from Russia,
The Chinese mega-city of Chengdu extended its week-long coronavirus lockdown on Thursday, trapping some 16 million of the city’s residents in quarantine indefinitely. Many other Chinese cities remain under lockdown or travel restrictions, making prospects grim for this weekend’s Mid-Autumn Festival, which is usually one of China’s biggest travel, tourism, and shopping holidays.
Prime Minister Liz Truss has announced a freeze on energy bills, an end to the ban on fracking for shale gas, and new licences to drill oil in the North Sea.
On Tuesday’s broadcast of Bloomberg’s “Balance of Power,” Deputy Treasury Secretary Wally Adeyemo stated that the price cap on Russian oil will help countries like China that are still buying Russian oil and not taking part in the price cap
67-year old Ravil Maganov, vice-president of Russia’s second-largest oil company Lukoil, reportedly died on Thursday morning after falling out of a sixth-floor hospital window in Moscow.
Scotland’s climate crazy local government has openly rejected proposed plans aimed at alleviating the ongoing energy crisis by drilling for more oil in the North Sea.
China has been transporting millions of barrels of Venezuelan oil through a state-owned defense firm since 2020, evading U.S. sanctions imposed on Venezuelan oil, as part of a move to offset the socialist regime’s large debt to the Chinese Communist Party, Reuters reported on Friday.
Turkey doubled its Russian oil imports year-on-year over a period spanning January to August 2022, Reuters reported on Monday citing new data from the financial analyst platform Refinitiv Eikon.
Appearing Monday on the Fox Business Network, Lipow Oil Associates President Andy Lipow warned that natural gas prices will jump this winter.
On Wednesday’s broadcast of the Fox Business Network’s “Evening Edit,” Rep. Mark Green (R-TN) said that the Inflation Reduction Act reconciliation bill not only increases costs for oil and gas, which will lead to an increase in people’s energy bills,
Consumers’ Research, an organization dedicated to educating American consumers, warned that BlackRock is “crushing America from within,” releasing a nationally televised advertisement, issuing a consumer warning, and notifying 12 governors of the dangers posed by the firm. Consumers’ Research’s campaign
A big boost from automakers and fossil fuel production.
The state-run Saudi Arabian Oil Company (Aramco) announced on Sunday that it recorded a 90 percent year-on-year increase in its net income in the second quarter of 2022, amounting to a record-high profit of $48.4 billion, the Saudi Press Agency (SPA) reported.
On Thursday’s edition of NPR’s “Here & Now,” Bloomberg News Senior Editor Mike Regan said that one factor in the declines in oil and gas prices is the fact that consumers reacted to high gas prices by buying less gas,
Chinese dictator Xi Jinping is apparently planning a visit to Saudi Arabia next week, two months after U.S. President Joe Biden’s embarrassing trip to the kingdom. The combination of the Biden debacle and Xi’s triumphant reception could signal a lasting reorientation for Saudi Arabia away from longtime ally America and toward Communist China.
Chinese dictator Xi Jinping contacted his communist counterpart, figurehead Cuban “president” Miguel Díaz-Canel, on Monday to lend support in the face of a massive oil tank fire at a facility in northern Matanzas that has been raging since Friday.
China’s government-run Xinhua News Agency announced on Tuesday that the Communist Party would lower gasoline and diesel prices nationwide, a move following growing purchases of cheap Russian petroleum products and of American gasoline leftist President Joe Biden released from the country’s Strategic Petroleum Reserve (SPR).
Cuban authorities evacuated more than 4,000 residents over the weekend after a lightning strike allegedly sparked a fire at Cuba’s largest state oil depot in Matanzas city on Friday night, causing three oil tankers to burn and collapse as of Monday, the news website Cubanet reported.
Saudi Arabia on Thursday announced record-high selling prices for crude oil to Asian buyers. The remarkably high increase of 50 cents per barrel was still lower than some forecasts, which anticipated up to $1.50 per barrel.
On Wednesday’s broadcast of CNBC’s “Squawk Box,” White House Senior Adviser on Energy Security Amos Hochstein argued that oil companies can “invest today in short cycles that will increase production” “instead of trying to lock in more profits” and vowed that
On Wednesday’s broadcast of “CNN Newsroom,” White House Senior Adviser on Energy Security Amos Hochstein said OPEC’s increased oil output of 100,000 barrels a day won’t have a significant impact on the prices Americans pay. Co-host Jim Sciutto asked, “OPEC has
The tiny increase is being described as an insult to President Biden.
On Monday’s broadcast of CBS’ “Late Show,” Energy Secretary Jennifer Granholm touted the “huge incentives” in the form of tax credits that will “really push forward the deployment of clean energy” in the reconciliation package and also stated that “we
Oil and natural gas trade groups released an analysis that shows economic benefits to American consumers from domestic use and exports.
Rep. Ted Budd is seeking to codify a Trump-era rule that limits states throwing up regulatory roadblocks to pipeline construction.
President Joe Biden continues his campaign to destroy domestic oil production leading some midstream U.S. companies to shift their attention to natural gas pipelines and export infrastructure as a way to increase growth opportunities.
The Kremlin revealed on Thursday that Saudi Crown Prince Mohammed bin Salman, known commonly as MBS, held a phone conversation with Russian strongman Vladimir Putin to discuss “stability” in global oil markets, a week after leftist American President Joe Biden visited Riyadh to, reportedly, request the Saudis consider increasing production.
Ryan Lance, CEO of ConocoPhillips, warned at a Houston Producers Forum on Tuesday of upcoming crude oil shortages and price volatility, citing limited spare capacity of the Organization of the Petroleum Exporting Countries (OPEC) cartel and slow U.S. fossil fuel output going forward.
House Democrats blocked a motion Wednesday that would have prevented President Joe Biden from selling oil drawn from the United States Strategic Petroleum Reserve to entities controlled by the Chinese Communist Party.
Turkish President Recep Tayyip Erdogan joined hands with his Russian and Iranian counterparts, Vladimir Putin and Ebrahim Raisi, at a photo op in Tehran on Tuesday.
On Monday’s broadcast of NBC’s “MTP Now,” Sen. Ed Markey (D-MA) said that Democrats want the Biden administration, “and they’re saying they’re going to do that, to use executive action to deal with the climate crisis, to use, potentially, the
On Monday’s broadcast of the Fox News Channel’s “Hannity,” Sen. Marco Rubio (R-FL) said that because of its large refining capacity, China is waiting for President Joe Biden “to go to them and beg them to process more and refine
A Liberia-flagged tanker carrying about 700,000 barrels of Russian fuel oil arrived in Cuba last week, the Latin American news website Infobae reported on Sunday, noting that the shipment demonstrated that Moscow was not only supporting Cuba’s communist regime but also finding outlets for oil stock shunned by the West in response to Russia’s latest war with Ukraine.
