Trump Urges the U.K. to Drill More Oil, Criticizing Its Energy Policy
President Trump said the North Sea was a “treasure chest,” but its high taxes were driving away oil producers.
production
How Higher Tariffs on Steel and Aluminum Will Affect Companies
Home builders, car manufacturers and can makers are among those that will see higher prices for materials. Those companies could charge customers more.
Exxon and Chevron Report Lower Profits While Girding for Tariffs
President Trump’s trade policies have helped to push down oil prices while raising the costs of materials for oil and gas companies.
Oil Prices Fall After OPEC Plus Affirms Plan to Raise Production
The Saudi-led cartel said its members would start gradually pumping more oil in April.
Biden Seeks to Tame Oil Prices if Mideast Conflict Sends Them Soaring
The president has previously drawn down the Strategic Petroleum Reserve to ease price pressures, but that could be more difficult now
Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns
Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining oil demand are wrong.
Tesla’s Sales Slip as It Readies Factories for New Models
Analysts expected a decline in sales for the quarter. Still, the dip may raise concerns about flagging demand.
BAE Systems, Army ink $797 million AMPV production deal
The deal could soar to $1.6 billion for an unspecified number of vehicles.
Co-everything: Pentagon teases series of weapon production partnerships with friendly nations
“Where we’re headed is co-development, co-production, and co-sustainment with our partners,” said Undersecretary of Defense for Acquisition and Sustainment Bill LaPlante.
Russia and Saudi Arabia’s Oil Partnership Shows Strain
Analysts said the countries’ mutual need to keep energy prices high would help them maintain close ties, despite signs that Moscow has undercut previous deals.