Washington Prepares Broad License to Restart Venezuelan Oil Production
Washington is preparing to take another step deeper into Venezuela’s oil sector, with plans to issue a broad license that would allow companies to pump crude in the country for…
Equinor Reduces Share Buyback
Equinor ASA reined in its share buyback after fourth-quarter profit missed analyst estimates amid a drop in oil and gas prices. The Norwegian energy giant will repurchase as much as…
Iranian Gunboats Confront U.S.-Flagged Oil Tanker in Strait of Hormuz
Iranian gunboats made a pointed move in the Strait of Hormuz this week, approaching a U.S.-flagged oil tanker in what U.S. and British maritime security sources describe as a failed…
Marathon Petroleum Beats Earnings Expectations as Refining Margins Surge
Marathon Petroleum (NYSE: MPC) beat fourth-quarter earnings expectations by a mile as refining margins surged in the latter part of 2025. One of the biggest U.S. refiners on Tuesday reported…
