India’s Top Private Refiner Gets U.S. License to Buy Venezuelan Oil
India’s largest private refiner, Reliance Industries, has been authorized by the United States to buy, export, and sell Venezuelan crude oil, Reuters reported on Friday, citing sources with knowledge of…
Indian Scrapyards Welcome Growing Number of Dark Fleet Tankers
At least three vessels sanctioned by the United States have arrived in recent weeks at the demolition hub of Alang on India’s west coast, following a record 15 dark fleet…
Venezuela Oil Revenue Projected to Hit $5 Billion Under U.S. Control
Venezuela’s oil sales, under the control of the United States for five weeks now, are set to bring $5 billion over the next few months, U.S. Energy Secretary Chris Wright…
Oil Prices Drop 3% After IEA Cuts Demand Growth Outlook
Oil prices dropped Thursday after the International Energy Agency cut its demand growth outlook, a revision that landed in a market already uneasy about how quickly supply is said to…
Tony Blair Think Tank Calls For North Sea Oil Revival
A think tank set up by former British Prime Minister Tony Blair has urged the Starmer government to reverse the decline in the country’s oil and gas industry, saying its…
Electric Vehicle Sales Dip 3% After China Cuts Subsidies and Adds Tax
Global sales of electric cars declined by 3% last month as China moved to reduce subsidies and introduce a purchase tax on EVs, adding to consumer cooling after the U.S.…
