President Trump’s new front in the trade war against India focuses on a pair of enormous refineries with extraordinary owners.
Category: Oil (Petroleum) and Gasoline
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India Will Buy Russian Oil Despite Trump’s Threats, Officials Say
President Trump said last week that he would punish India if it did not cut off Russian oil imports, but he did not specify what the penalty might be.
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Exxon Chief Says Demand for Oil Remains ‘Very, Very Strong.’
The largest U.S. energy companies reported their lowest second-quarter profits in years, as tariffs have weighed on oil prices.
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How India Became One of the Biggest Buyers of Russian Oil
President Trump upended trade negotiations with India by making the purchase of crude oil a sticking point.
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Trump Urges the U.K. to Drill More Oil, Criticizing Its Energy Policy
President Trump said the North Sea was a “treasure chest,” but its high taxes were driving away oil producers.
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The Country Where 76% of Cars Sold Are Electric
Subsidies, hydroelectricity and a manufacturing powerhouse neighbor are moving the cars into Nepal faster than almost anywhere else.
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Canadian Company Claims to Find Large Oil Reserves in Poland
The firm’s chief executive said that the field in the Baltic Sea might eventually produce up to 40,000 barrels of oil a day, making it the largest discovery in Northern Europe in more than a decade.
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Chevron Wins Green Light to Buy Into One of World’s Hottest Oil Projects
An arbitrator cleared the way for Chevron to buy Hess, allowing the energy giant to acquire a piece of one of the most promising oil projects in the world.
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OPEC Plus Agrees to Pump More Oil in August
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts expected and could lead to lower oil prices.