France’s Total and Iraq sign large-scale oil and gas deals | Business and Economic News

French energy giant Total signed an oil and natural gas contract worth about 27 billion U.S. dollars with Iraq when other large oil companies were seeking to withdraw from Iraq’s…

A large-scale oil spill occurred in the Gulf of Mexico after Date, and cleanup work is underway | Environmental News

The US Coast Guard said that after Hurricane Ida, a large-scale oil spill was taking place in the Gulf of Mexico. The US Coast Guard said that cleanup crews are…

After Ida was angry, Exxon Mobil used the US Strategic Petroleum Reserve Business and Economic News

The oil company will obtain 1.5 million barrels of crude oil supplied by the US Department of Energy for its refinery in Baton Rouge, Louisiana. go through Sheila Torben and…

As fuel prices soar, US regulators target oil and gas mergers | Wall Street Journal Business and Economic News

This decision was also made at a time when oil prices have become a political burden on US President Joe Biden, and new worries have heightened concerns that Hurricane Ida…

Oil prices rise as producers assess damage from Hurricane Ida | Oil and Gas News

Although oil producers in the Gulf of Mexico shut down approximately 1.7 million barrels of crude oil production per day before the storm, the recovery of oil refineries in Louisiana,…

UAE assesses net zero emissions target before COP26 talks | Business and Economic News

Due to extremely hot and dry conditions, the United Arab Emirates found it challenging to reduce greenhouse gas emissions. By Verity RatcliffeBloomberg The United Arab Emirates is evaluating plans for…

Iran restores vital lifeline to Afghanistan: fuel | Business and Economic News

An Iranian official told Reuters that a few days ago, at the request of the new Afghan government, Iran resumed its fuel exports to Afghanistan. The new Afghan government believes…

The Nord Stream 2 pipeline is a “dangerous geopolitical weapon”: Ukraine | Oil and Gas News

Ukrainian President Zelensky strongly opposed Russia’s construction of a $12 billion pipeline in the Baltic Sea, which deprived Kiev of important gas transportation costs. President Volodymyr Zelensky said that Kiev…

U.S. Issues Sanctions Related to Beixi-2 on Russians | Business and Economic News

The administration of US President Joe Biden approved a Russian insurance company mentioned in the New Beixi 2 report submitted to the US Congress on Friday. By Nick WodemusBloomberg The…

The longest consecutive weekly decline in oil ceiling since 2019 | Bank News

West Texas Intermediate crude oil futures closed down 2.2%, the seventh consecutive day of decline, and this week’s decline expanded to 8.9%. Oil prices ended the week with the longest…

Norway’s US$1.4 trillion wealth fund targets oil companies | Oil & Gas News

The Norwegian Sovereign Wealth Fund, which manages US$1.4 trillion in assets, said that some oil companies in its portfolio “absolutely” are not doing enough to reduce emissions because its operating…

Oil prices continue to fall as the Fed considers downsizing, OPEC + turn on the tap | Coronavirus pandemic news

Since the spread of the highly contagious Coronavirus Delta virus poses a threat to demand, since July, the oil rally in the first half of this year has lost momentum.…

Oil prices record their longest loss since March due to weak recovery | Coronavirus pandemic news

The rapid spread of the delta variant of the coronavirus in many parts of the world has stimulated new restrictions on mobility and reduced energy consumption, including in China. Oil…

With economic asset protection, China embraces the Taliban | Business and Economic News

When the Taliban first took over Afghanistan in 1996, China refused to recognize their rule and the embassy was closed for many years. This time, Beijing took the lead in…

More oil now: Why the US calls on OPEC+ to increase production | Coronavirus pandemic news

Turn on the faucet-and soon. This is a message sent by the administration of US President Joe Biden to the Organization of Petroleum Exporting Countries (OPEC) and its allies on…