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Moving hot oil across Arctic terrain was an unprecedented challenge following the discovery of America’s largest oil field in 1969 in Prudhoe Bay, Alaska.
The Trump administration hasn't acted "immediately" to refill the reserve, as Trump said he would. But a fast refill is being prevented by maintenance concerns, and funding for both repairs and new ...
Western and Eastern energy giants are competing for new Egyptian gas exploration blocks. As Egypt opens 12 key Mediterranean ...
The latest U.S. sanctions on Iran come as members of the Organization of the Petroleum Exporting Countries and its allies, together known as OPEC+, agreed over the weekend to lift oil production by ...
I have lived under 14 different presidents. If I could, with a wave of my hand, I would bring Nixon back as our president now.
U.S. President Donald Trump's signature budget bill slashed funding for refilling U.S. emergency oil reserves, violating his ...
SPR levels dropped to a 40-year low of 347mln barrels in July 2023 after Trump's predecessor Joe Biden carried out several SPR sales to ease rising oil prices ...
Futures Movers OPEC+ plan to lift output pulls Brent oil to lowest finish since September Natural-gas futures gains 5.5% as tariff war feeds uncertainty ...