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Oil and Gas

UAE energy minister warns of poverty and economic stagnation if energy affordability isn’t tackled

by Widely-vision

United Arab Emirates’ Energy Minister Suhail Mohamed al-Mazrouei at a press conference in January, 2018. MOHAMMED MAHJOUB/AFP/Getty Images Failure to address energy affordability risks casting significant portions of the world into poverty and stagnating the …

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Categories World

Saudi Aramco’s full-year revenue greater than doubles on hovering oil costs

by Widely-vision

An worker appears on at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Reuters Saudi Arabian oil big Aramco reported blowout full-year earnings on Sunday, posting a greater than …

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Categories World

Oil drops again, now more than 27% below recent high

by Widely-vision

Oil registered heavy losses Tuesday, building on Monday’s decline, as myriad factors weighed on sentiment, including talks between Russia and Ukraine, a potential slowdown in Chinese demand and unwinding of trades ahead of the Federal …

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Categories World

With Putin’s war in Europe, the legacy of Germany’s Merkel is now being seen in a very different light

by Widely-vision

Former German Chancellor Angela Merkel waves goodbye as she departs from the Chancellery for the last time. Sean Gallup | Getty Images News | Getty Images With Vladimir Putin‘s unprovoked attack against Ukraine, political analysts …

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Categories Politics

Insiders debate how to secure America’s future energy needs at the industry’s biggest gathering

by Widely-vision

Attendees during the 2022 CERAWeek by S&P Global conference in Houston, Texas, U.S., on Wednesday, March 9, 2022. F. Carter Smith | Bloomberg | Getty Images The annual CERAWeek by S&P Global energy conference in …

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Categories Bussiness

Op-Ed: Biden needs to rapidly increase U.S. energy production to cut Russia dependence

by Widely-vision

Kevin McCarthy is a Republican from California and minority leader of the U.S. House of Representatives. The United States produces more oil and natural gas than any other country in the world. We are the …

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Categories Politics

Crude oil jumps with the U.S. set to ban Russian imports

by Widely-vision

Oil prices jumped to their highs of the session with the U.S. set to ban Russian oil imports. WTI crude oil rose 7.4% to trade at $128.28 per barrel. Brent crude oil, the international benchmark, …

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Categories Bussiness

Hold onto your wallets, gas prices are heading to an all-time record high. Here are a few ways to protect yourself

by Widely-vision

With gasoline prices at a 14-year high, it’s hard to imagine paying even more at the pump. Yet prices are only heading higher. On Sunday, the national average for a gallon of gas hit $4.009, …

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Categories World

New Jersey Gov. Phil Murphy considers state action against Russia-linked Lukoil gas stations

by Widely-vision

New Jersey Gov. Phil Murphy on Monday said the state is considering action against dozens of Russian-linked Lukoil gas stations as he aims to sever financial ties with the nation in response to its invasion …

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Categories Politics

Gas prices are at their highest since 2008 — use this app to find the cheapest pump near you

by Widely-vision

A customer pumps gasoline into his car at a service station in San Francisco. Getty Images Russia’s war on Ukraine has been rapidly increasing the price of oil on supply fears, and the impact is …

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Categories Tech
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