Jason Kenney, the premier of Alberta – Canada’s biggest oil producing province – told the Financial Times he had held discussions with Washington about tariffs, as a global deal to Continue Reading
ExxonMobil saw its credit rating downgraded by Moody’s on Thursday from Aaa to Aa1, with a Negative outlook. Two weeks ago, S&P cut Exxon’s credit rating. The oil major’s struggles Continue Reading
As prices crashed, the supermajors resorted to one of the last tools they have before starting to potentially consider the painful idea of cutting dividends, taking on more debt International Continue Reading
US President Donald Trump spent the weekend downplaying a potential OPEC+ production agreement, embracing both the free market’s ability to resolve the price collapse, celebrating the benefits of sub-$1/gal gasoline Continue Reading
When it comes to containing coronavirus, the Kremlin has a solid plan: Russia’s president Vladimir Putin promises everyone a month-long holiday; regional governors have to come up with painful restriction Continue Reading
Russia would target a 1 million barrel-a-day cut in any new deal with other key oil producers, on condition the U.S. joins cuts, according to four people familiar with the Continue Reading
Oil and gas production in the North Sea became viable due to the 1973 oil crisis. The Arab-Israeli conflict caused a serious disruption that led to skyrocketing prices. Energy security Continue Reading
ion in oil markets and would be willing to participate in production cuts as part of a “broad” international effort, Petroleum and Energy Minister Tina Bru said Saturday. The announcement Continue Reading
Russia still supports talks with other leading oil producers on stabilizing the market, Kremlin spokesman Dmitry Peskov said Sunday. “Russia was not a supporter of ending the OPEC+ deal. President Continue Reading
Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more. View full Continue Reading
