India’s Reliance Industries Officially Shuts the Door on Russian Crude

India’s Reliance Industries has officially stopped importing Russian crude into its giant Jamnagar refining complex as of November 20—a sharp and early pivot that signals just how seriously Indian refiners…

Trump Energy Department Reorganizes Around Fossil, Nuclear Priorities

DOE reorganizes to prioritize oil and nuclear over renewables New divisions include Hydrocarbons and Geothermal Energy Office DOE did not say whether jobs would be affected Nov 20 (Reuters) –…

Venezuela Approves 15-Year Extension of Russia-Linked Oil Joint Ventures

By CARACAS, Nov 20 (Reuters) – Venezuela’s National Assembly on Thursday approved a 15-year extension of the joint ventures between state company PDVSA and a unit of Russia’s Roszarubezhneft that…

Biggest Gas Pipeline Buildout Since 2008 Propels Trump Energy Push

By The biggest natural gas pipeline boom in nearly 20 years is unfolding in the US South as companies build systems to feed massive export terminals rising along the Gulf…

Trump Plan Targets Florida, California for Coastal Oil Drilling

By The Trump administration is proposing to open new areas off of California, Florida and Alaska to crude drilling as part of a draft blueprint released Thursday that would dramatically…

Niigata governor consents to restart of Kashiwazaki-Kariwa reactors

The seven-unit Kashiwazaki-Kariwa plant was unaffected by the March 2011 earthquake and tsunami which damaged Tokyo Electric Power Company’s (Tepco’s) Fukushima Daiichi plant, although the plant’s reactors were previously all…

Tullow Oil shares hit record lows as refinancing fears deepen

Tullow Oil shares collapsed to a record low after the company signaled it may pursue alternative refinancing measures to address upcoming debt maturities. With net debt now expected to reach…