Trump’s Iran Decision Could Kill The OPEC+ Deal
Trump’s decision to let Iran waivers expire could kill off the OPEC+ deal while dealing a serious blow to the coalition’s ability to coordinate production cuts. The Wall Street Journal Continue Reading
Iran will ‘not remain silent’ in response to ‘US hostilities’: Khamenei
Tehran — Supreme Leader Ali Khamenei said Wednesday Iran will “not remain silent” and will respond after the US said it intends to impose “maximum economic pressure” on Tehran through Continue Reading
Nigeria: OPEC Harps On Importance of Dangote Refinery to Global Stability
The Organisation of the Petroleum Exporting Countries (OPEC), is upbeat at the prospect of the Dangote Oil Refinery, in driving world crude oil refining capacity increase especially in Africa by Continue Reading
Why the US is sanctioning Venezuela
Venezuela is suffering a humanitarian crisis after its economy crashed and was rocked by hyperinflation. Juan Guaidó claimed the interim presidency in an attempt to oust the sitting President Nicolás Continue Reading
Mexico president says plan to counter fuel theft saves 12 billion pesos
Mexican President Andres Manuel Lopez Obrador said on Tuesday that a government drive to stamp out fuel theft launched days after his administration took office had generated savings of 12 Continue Reading
U.S. Energy Exports To Mexico Go Into Overdrive
Amid the differences between the U.S. and Mexico recently, including different views over immigration and trade, relations in the energy patch continues to expand. In fact, energy trade represented 12 Continue Reading
Mexico is unlikely to replace Venezuelan, Iranian heavy crude barrels: analysts
Highlights New fields under development will yield light crude Mexico aims to increase domestic crude refining, curbing heavy exports Pemex needs a significant financial boost to achieve its output potential Continue Reading
China coal investments unpopular in ‘new Silk Road’ nations: poll
People living in countries along China’s new “Silk Road” favor investment in renewable energy over the construction of coal-fired power plants, according to a poll released on Wednesday ahead of Continue Reading
Apache cuts back production of Permian gas because of pricing
Houston’s Apache Corp. said Tuesday it will dramatically cut back on its natural gas production in the Permian Basin for an extended period of time because of steep pricing discounts Continue Reading
Washington legislature sends governor his 100% clean energy bill
Highlights Bill requires utilities to eliminate coal-fired power by December 31, 2025 Washington would become fourth state to mandate 100% emissions-free power Washington — The Washington State Senate approved and Continue Reading