U.S. & International

Germany, Italy say Putin offers compromise on ruble gas payments

Thursday, March 31, 2022, 7:19 AM MDT

Germany and Italy said Vladimir Putin told them that European buyers could continue making gas payments in euros, potentially averting…

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OPEC+ ditches IEA data for assessing compliance amid rift

Thursday, March 31, 2022, 7:03 AM MDT

The Organization of Petroleum Exporting Countries and its allies will no longer use oil data from the International Energy Agency…

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OPEC+ stands pat as oil consumers take action to ease prices

Thursday, March 31, 2022, 6:32 AM MDT

OPEC and its allies once again stood back from the crisis engulfing oil markets, refusing to deviate from their schedule…

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Biden planning to tap oil reserve to control gas prices

Thursday, March 31, 2022, 6:17 AM MDT

President Joe Biden is preparing to order the release of up to 1 million barrels of oil per day from…

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Poland wants to halt Russian oil, gas on Ukraine invasion

Wednesday, March 30, 2022, 6:31 AM MDT

Poland wants to stop importing Russian oil, gas and coal this year, as moves intensify to wean Europe off its…

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CNOOC weighs sale of $3 billion U.K. North Sea portfolio

Wednesday, March 30, 2022, 6:27 AM MDT

CNOOC Ltd. is considering a sale of its U.K. North Sea portfolio, in what could be one of the biggest…

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LNG project in N.L. could be sped up to supply Europe

Tuesday, March 29, 2022, 6:42 AM MDT

The company behind a proposed liquefied natural gas project off Newfoundland’s coast could push forward its schedule after the Ukraine…

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Exxon drills dry hole in setback to Brazil oil exploration

Tuesday, March 29, 2022, 6:39 AM MDT

Exxon Mobil Corp. drilled a so-called dry hole off the Brazilian coast, a rare setback in the oil titan’s effort…

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Russian weekly oil exports drop 26% as buyers look elsewhere

Monday, March 28, 2022, 7:13 AM MDT

Russia’s oil exports shriveled by more than a quarter in the week March 17-23 compared with the prior week, according…

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China oil giant plans record capex on energy security push

Monday, March 28, 2022, 7:05 AM MDT

Sinopec will spend record amounts this year to increase oil and gas drilling as China aims to bolster its energy…

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TotalEnergies doesn’t plan to divest Russia assets, CEO says

Monday, March 28, 2022, 7:01 AM MDT

TotalEnergies SE doesn’t plan to divest its Russian assets amid the war in Ukraine, as doing so would essentially mean…

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Germany to wean itself off Russian oil, gas in next 2 years

Friday, March 25, 2022, 7:20 AM MDT

Germany plans to stop almost all Russian oil imports this year and broadly wean itself off the country’s gas by…

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