The Trump administration extended a permit for the Golden Pass liquefied natural gas export project co-owned by QatarEnergy LNG and Exxon Mobil Corp.
March 5, 2025Search
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Saudi Aramco Might Bid for BP’s Castrol Lubricant Assets
Saudi Aramco is considering a potential offer for BP's Castrol lubricant assets, as the Middle Eastern company pushes for acquisitions that deepen its reach in oil consuming countries.
March 5, 2025N.C. Reopens I-40 Section Closed Since September Hurricane
A stretch of I-40 that serves as a freight route between North Carolina and Tennessee has partially reopened after a monthslong shutdown caused by storm-related damage from Hurricane Helene.
March 4, 2025Trump’s Oil Tariffs Set to Reshape Global Trade Flows
The world’s supply lines for cargoes of oil and fuel, which typically crisscross the globe, are about to get redrawn thanks to U.S. President Donald Trump’s sweeping tariffs.
March 4, 2025Phillips 66 Board Battle Heats Up as Elliott Nominates Seven
Elliott Investment Management is heading toward a proxy battle with Phillips 66 after failing to reach an agreement with the energy group’s leadership on a path to improving performance.
March 4, 2025Aramco CEO Sees Strong Oil Demand Amid OPEC+ Output Revival
Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand consumption, said the head of Saudi Aramco.
March 4, 2025Canada Responds, Puts Tariffs on $107 Billion of US Products
Canada announced a package of counter-tariffs against U.S. products after President Donald Trump confirmed that his administration will go ahead with levies against Canada and Mexico.
March 4, 2025Diesel Price Sheds 6.2¢ to $3.635 a Gallon
The national average diesel price swung down 6.2 cents after four straight weeks of gains to settle at $3.635 a gallon, according to U.S. Energy Information Administration data March 3.
March 3, 2025Trump Cancels Permit Allowing Venezuela to Export Oil to US
A permit issued by the U.S. government allowing Chevron to pump and export Venezuelan oil will be terminated, President Donald Trump announced Feb. 26.
February 28, 2025Democrats Targeting Trump's Energy Emergency
President Donald Trump began dismantling Joe Biden's climate change and renewable energy policies on his first day, declaring a national energy emergency — an emergency Democrats say is a sham.
February 26, 2025