SLB, Baker Hughes, Halliburton Primed for Middle East Boom
A bevy of projects in the Middle East promises a boom in future revenues for SLB, Baker Hughes and Halliburton.
Repsol CEO Asks EU to Stop Imports of Russian Diesel to Europe through Third Destinations
Repsol CEO asks the European Union to enforce sanctions on Russia, prevent diesel imports from routing through third countries.
Pakistan All Set to Get Discounted Russian Oil, PM Says
Pakistan expects to import 100,000 bbl/d from Russia, with the first shipment to dock in May
What's Affecting Oil Prices This Week? (April 24, 2023)
The price of Brent crude ended the week at $81.58 and the price of WTI ended the week at $77.87.
Russia's Oil Heartland in Siberia Boosts Drilling in March
West Siberia boosted oil well drilling in March as it tries to keep up production capacity amid Russian output cuts.
EPA’s Emissions Proposals Could Hinge on Outcome of Texas Lawsuit
Decision on the Texas v. EPA lawsuit will influence whether new emissions proposals go into effect, says former DOJ official.
Value of Russian Exports Falls 35% in Q1 as Oil Price Cap Bites
A fall in exports and a recovery in imports helped push the rouble this month to its weakest level in more than a year.
Oil Prices Dip 2% as Expected Rate Hikes Take Toll
Equities markets, which often move in tandem with oil prices, were down as well.
Think Decarbonization Has Been Derailed? Go Fly a Kite
With Russia's war in Ukraine comes the hard lesson that energy security begins at home—and that begins with decarbonization.
US Warns Companies Over Russian Oil Price Cap Evasion
The U.S. Treasury said it is aware of reports that a pipeline and other crude oils exported via Pacific ports may be trading above the $60 price cap imposed on Russia by Western countries and that U.S. entities may have unknowingly provided services for those trades.