Tag: oil
3 Bold Oil Market Predictions for 2026
Crude oil prices took a hit in 2025, with Brent oil dropping almost 20% from the mid-$70s to…
Louisiana town fights for relief after a billion-dollar oil disaster
The lawsuit claims that the company failed to properly maintain its oil storage tanks, leading to the catastrophic…
Chevron Delivers First Oil From South N’dola Platform Offshore Angola
Chevron, a leading player in the oil and gas industry, recently achieved a significant milestone in Angola by…
Oil and gas industry scaling back its energy transition initiatives
Oil and gas industry leaders are continuing their efforts to meet decarbonisation targets by utilizing a mix of…
Oil Glut Will Prompt Faster Market Rebalance
The global oil market is currently facing an oversupply issue, with production outpacing demand. Despite this, major storage…
The Bad River Band is suing to protect its wild rice from an oil pipeline
The annual wild rice harvest, known as "manoomin" in the Ojibwe language, is a crucial tradition for the…
Energy Demand Concerns Undercut Crude Oil Prices
The energy market saw a decline on Monday, with January WTI crude oil closing down -1.08% and January…
Trump orders blockade of oil tankers from Venezuela, demands regime cede oil, land and other assets
In a bold move, President Trump has imposed a “total and complete blockade” on all oil tankers entering…
Trump Gives Slippery Answer When Asked If Venezuela Conflict Is About Oil: ‘Well…’
President Donald Trump suggested that the ongoing military strikes in Caribbean waters against alleged drug traffickers from Venezuela…
What Is ‘Spoofing’? How a U.S.-Seized Oil Tanker Reportedly Tried to Evade Detection
Dark-Fleet Ships and Their Digital Disappearing Act: Unveiling the Mystery On December 12, 2025, an oil tanker seized…
Texas oil worker Caden Hawkins jailed in one of Mexico’s most violent prisons after mistakenly crossing border
A young Texas oil field worker named Caden Hawkins has been detained in Cereso Estatal No. 3, one…
Texas Producer Battles California to Restart Offshore Oil Platforms
A Texas oil firm, Sable Offshore Corp, led by James Flores, is facing challenges in restarting crude oil…