Oil and Gas
Trump advisor Peter Navarro slams India’s ‘opportunistic’ purchases of Russian crude
A train transports oil tankers in Ajmer on July 7, 2025. Indian exporters are scrambling for options as they seek to mitigate the fallout of U.S. President Donald Trump’s threatened tariff salvo against the world’s most populous nation. Himanshu Sharma | Afp | Getty Images U.S. President Donald Trump’s trade advisor Peter Navarro on Monday […]
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Energy supermajors are betting big on LNG, shrugging off peak gas predictions
Oil majors are betting big on liquified natural gas (LNG), throwing down the gauntlet to predictions of peak gas by the end of the decade. Britain’s Shell , a leading player in the global LNG market, has identified the super-cooled commodity as a primary focus amid the energy transition. France’s TotalEnergies said it expects LNG […]
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Trump says no imminent plans to penalize China for buying Russian oil
U.S. President Donald Trump gestures as he holds a press conference with Russian President Vladimir Puting following their meeting to negotiate an end to the war in Ukraine, at Joint Base Elmendorf-Richardson in Anchorage, Alaska, U.S., August 15, 2025. Jeenah Moon | Reuters U.S. President Donald Trump said on Friday he did not immediately need […]
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Power cuts and blackouts: Why can’t Iraq keep the lights on?
Iraq was plunged into a nationwide blackout earlier this week, as a temperature surge to 122 degrees Fahrenheit (50° Celcius) — and subsequent spiking demand for electricity — pushed the country’s faltering power grid to the breaking point. For a country that has seen as much conflict and instability as Iraq, this could come as […]
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Why a landmark ruling from the world’s top court puts financial markets on notice
Vanuatu’s Climate Change Minister Ralph Regenvanu (C) delivers a speech as he attends a demonstration ahead of the International Court of Justice (ICJ) session tasked with issuing the first Advisory Opinion (AO) on States’ legal obligations to address climate change, in The Hague on July 23, 2025. John Thys | Afp | Getty Images Gripped […]
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Why India is in Trump’s crosshairs when crude is not even sanctioned
Technicians stand next to an oil rig which is manufactured by Megha Engineering and Infrastructures Limited (MEIL) at an Oil and Natural Gas Corp (ONGC) plant, during a media tour of the plant in Dhamasna village in the western state of Gujarat, India, August 26, 2021. Amit Dave | Reuters U.S. President Donald Trump added […]
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Trump’s love affair with the EU’s $750 billion energy promise is built on shaky ground
U.S. President Donald Trump says the European Union ‘s $750 billion energy pledge will help to revitalize the world’s largest economy, although analysts question whether the 27-nation bloc’s target is in keeping with market reality. Speaking to CNBC’s ” Squawk Box ” on Tuesday morning, Trump lauded recent trade deals with both the EU and […]
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Russia weighs in on U.S.-India tariff spat, saying New Delhi can choose its own trade partners
Russia’s President Vladimir Putin bids farewell to India’s Prime Minister Narendra Modi following their meeting at the Kremlin in Moscow, Russia July 9, 2024. Gavriil Grigorov | Via Reuters Russia on Tuesday weighed into the growing spat between India and the U.S., with the Kremlin saying New Delhi is free to choose its own trading […]
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Russia’s economy ‘stinks,’ Trump says, and lower oil prices will stop its war machine
(COMBO) This combination of pictures created on February 21, 2020 shows US President Donald Trump delivers remarks at a Keep America Great rally in Phoenix, Arizona, on February 19, 2020. Russian President Vladimir Putin delivers a speech during a ceremony in Jerusalem on January 23, 2020 commemorating the people of Leningrad during the Second World […]
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Saudi Aramco posts revenue drop ahead of projected demand hike in second half
Logo of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and natural gas company, seen on the second day of the 24th World Petroleum Congress at the Big 4 Building at Stampede Park, on September 18, 2023, in Calgary, Canada. Artur Widak | Nurphoto | Getty Images Saudi Aramco on Tuesday posted a drop […]
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