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Energy company also under pressure from worse oil trading performance and weaker oil pricesBusiness live – latest updatesBP has said it expects to write down the value of its struggling green energy business by as much as $5bn (£3.7bn), as it refocuses…
Delhi is world’s second largest purchaser of Russian crude, which is now cheaper than oil from Middle EastRussia is already working to circumvent the latest US sanctions to ensure India can continue to import high levels of cheap Russian crude oil, acc…
Exclusive: ClimatePartner analysis shows how move would risk plunging Earth further into climate catastropheUS plans to exploit Venezuela’s oil reserves could by 2050 consume more than a tenth of the world’s remaining carbon budget to limit global heat…
Why did Donald Trump invade Venezuela? His id made him.Look at me, love me — every reason for doing anything is downstream from there.I was telling you the other day that it’s not really clear why the president ordered the illegal and unconstitutional…
Picture is as murky as a barrel of oil, with US companies in 2026 expecting their first production drop in four yearsUS shale-oil producers were already contending with oil prices at four-year lows. News that they may soon face a significant competitor…
On Friday, Donald Trump summoned his largest donors — U.S. oil execs — to the White House, and exhorted them to invest $100 billion in Venezuela’s oil industry. The unspoken through line was that Trump would look ridiculous if they didn’t.The CEOs we…
The assault on Venezuela represents a pivotal moment in the contemporary energy geopolitics of the region.
US president says company is ‘playing too cute’ after CEO responds sceptically to his push for oil investment after deposing Nicolás MaduroDonald Trump has said he might block ExxonMobil from investing in Venezuela after the oil company’s chief executi…
US president says company is ‘playing too cute’ after CEO responds sceptically to his push for oil investment after deposing Nicolás MaduroDonald Trump has said he might block ExxonMobil from investing in Venezuela after the oil company’s chief executi…
No more Venezuelan oil or money will flow to the communist-run island after Maduro’s fall, says US presidentDonald Trump has told Cuba to “make a deal” or face unspecified consequences, adding that no more Venezuelan oil or money would flow to the comm…