Saudi Prince’s Elevation Will Have Far-Reaching Consequences in Energy

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Spread the loveTweet Supporters say the 31-year-old prince will bring youthful energy and a fresh eye to the kingdom’s most valuable export, using it to help modernize and diversify the…


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Digging the Graveyard of Oil’s Past

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Spread the loveTweet Discovered in 1971, the Brent field was one of several major finds that turned the North Sea into a world-class oil region. Companies like Royal Dutch Shell,…


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After Initial Jolt on Qatar Tensions, Energy Markets Settle

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Spread the loveTweet “It is very difficult to see how this break in diplomatic relations would lead to a disruption of oil supplies,” said Paul Stevens, a Middle East oil…


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OPEC, Caught in Pincers of Price and Technology, Tries to Control the Oil Market

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Spread the loveTweet From short-term issues like increased oil production by the United States to longer trends like the rise of renewable energy, OPEC’s efforts to manipulate oil prices could…


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U.S. Rejects Exxon Mobil Bid for Waiver on Russia Sanctions

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Spread the loveTweetPhoto Treasury Secretary Steven Mnuchin on Friday at the International Monetary Fund headquarters in Washington. He announced that it the Treasury had rejected Exxon Mobil’s request for a…


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G.M. Operations in Venezuela Are Seized as Protests Swell

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Spread the loveTweet The particulars of the dispute were murky. Venezuelan news reports said the seizure stemmed from a lawsuit that dated from the early 2000s with a company in…


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Exxon Mobil Seeks U.S. Sanctions Waiver for Oil Project in Russia

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Spread the loveTweetBut Mr. Tillerson and company officials did note that Exxon Mobil had received a waiver to complete drilling of an exploration well in Russia’s Arctic waters. Company officials…


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