EU Should Talk to USA Before Retaliating on Tariffs, Kukies Says

German Finance Minister Joerg Kukies suggested the European Union might be in a better position if it talks with the US about potential trade tariffs instead of immediately imposing countermeasures.…

President Trump Issues Raft of Energy Orders

Donald J. Trump issued a raft of energy orders during his first day as the 47th President of the United States. Under one executive order, which was posted on the…

Israel’s Natural Gas Reserves Expand 40% as Production Ramps Up

Israel exported a record 981mn cfd of natural gas to Egypt in 2024, good for 18.2% year-over-year. According to Middle East Oil & Gas publication MEES, the remarkable surge in…

Russia’s Baltic Oil Shipments Drop 10% After EU sanctions

Russia’s oil shipments via the Baltic Sea declined 10% over the final four months of 2024 due to the impact of EU sanctions against Russian oil and gas exports, the…

Trump to Declare National Energy Emergency, Unlocking New Powers

President-elect Donald Trump is poised to invoke emergency powers as part of his plan to unleash domestic energy production while seeking to reverse President Joe Biden’s actions to combat climate…

Trump to Declare National Energy Emergency, Unlocking New Powers

Monday January 20, 2025 – The move is set to be among an array of actions Trump will take. 

BP Confirms Job Cuts

BP confirmed thousands of job cuts in a statement sent to Rigzone on Friday. “Last year, we began a multi-year program to simplify and focus BP,” the statement noted. “We…

Union Says More Than Half of MSPs Support North Sea Oil, Gas Campaign

In a statement sent to Rigzone by UK union Unite on Thursday, the union announced that more than half of the members of Scottish parliament (MSP) have backed Unite’s North…

Biden advances final effort to ban Arctic oil drilling

Jennifer A. Dlouhy January 17, 2025 (Bloomberg) – The Biden administration advanced a plan to limit oil drilling and infrastructure across more of Alaska’s National Petroleum Reserve, a bid…

Analysts Look at USA Sanctions Effect

Crude oil’s strong start to the year was reinforced on January 10 with the announcement of the latest, and most extensive yet, round of U.S. sanctions on Russia. That’s what…