HOUSTON (Reuters) – The oil industry should engage with proponents of the “Green New Deal,” a Democratic initiative seeking to radically reduce U.S. dependence on fossil fuels, BP Chief Executive Officer Bob Dudley said on Tuesday.
LONDON/DUBAI (Reuters) – Iran is running short of options to replace its aging fleet of tankers and keep oil exports flowing because renewed U.S. sanctions are making potential sellers and flag registries wary of doing business with Tehran, Western and Iranian sources said.
HOUSTON (Reuters) – Iran has lost $10 billion in revenue since U.S. sanctions in November have removed about 1.5 million barrels per day (bpd) of Iranian crude from global markets, a U.S. State Department official said on Wednesday.
NEW YORK (Reuters) – World equity markets advanced broadly on Wednesday after U.S. data again showed risk-friendly low inflation, which weakened the dollar, while Boeing shares gained even as the United States said it would ground the company’s 737 MAX aircraft.
WASHINGTON (Reuters) – The United States aims to cut Iran’s crude exports by about 20 percent to below 1 million barrels per day (bpd) from May by requiring importing countries to reduce purchases to avoid U.S. sanctions, two sources familiar with the matter told Reuters.
DUBAI/SINGAPORE/BEIJING (Reuters) – Rising Russian and U.S. competition has pushed Saudi Aramco to find new buyers for its oil in China, encouraging a shift toward independent refiners and newcomers to the business.
HOUSTON (Reuters) – A Carlyle Group $1 billion deepwater crude export project faces a delay of up to 18 months after regulators called for a full environmental review, officials said, a setback in the private equity firm’s race to be first to open a new deepwater, U.S. Gulf Coast export hub.
NEW YORK (Reuters) – A gauge of global equity markets traded little changed on Thursday as European shares rose ahead of new voting that backed a Brexit delay and bolstered the dollar, while Wall Street meandered on uncertainty over U.S.-China trade talks.
WASHINGTON (Reuters) – Interior Secretary Ryan Zinke said on Tuesday he will not lower royalty…
HOUSTON (Reuters) – A glance at the attendee list at one of the world’s largest energy industry events in Houston this week left little question about the growing influence of the United States over global oil politics.
NEW YORK (Reuters) – A gauge of global equity markets hit a five-month high on Friday on investor optimism over U.S.-Chinese trade talks and hopes a new Brexit vote next week will prove successful, but the dollar headed to its biggest weekly loss since early December.
MOSCOW (Reuters) – Leonid Mikhelson, chief executive of Russian gas giant Novatek, said on Sunday…