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Oil Industry News

Don’t jeopardise Iran ceasefire

The Iran-US negotiations are unlikely to lead to an understanding until there is a realisation by all the stakeholders that there is no military solution to the West Asia crisis. (AFP)

Updated 89 days ago

Venezuela oil sector opens to private firms in big move after Maduro capture

Under the new law, the firms can take disputes and disagreements to independent arbitration and would not be mandatorily required to resolve them only in state-owned Venezuelan courts.

Updated 184 days ago

Venezuela’s astoundingly messy debts are about to get messier

Venezuela's President Nicolás Maduro in Caracas, Sept. 15.

Updated 206 days ago

Venezuela’s Machado Stole the World’s Attention. Now She Is Frozen Out.

Nobel laureate María Corina Machado at a press conference in Oslo in December.

Published 207 days ago

Venezuelan government seeks to show it is operating free from US control

Venezuelan government seeks to show it is operating free from US control

Published 208 days ago

Key highlights from Donald Trump's address after Venezuela strikes

A photograph posted by U.S. President Donald Trump on his Truth Social account shows him sitting next to U.S. Secretary of State Marco Rubio as they watch the U.S. military operation in Venezuela from Trump's Mar a Lago resort, in Palm Beach, Florida, U.S., January 3, 2026.

Published 210 days ago

EU joins US in sanctions on Russia, oil in focus; Zelensky says 'very important'

Ukraine's President Volodymyr Zelensky talks to the press as he arrives for a European Council meeting gathering the 27 EU leaders to discuss Ukraine.

Published 283 days ago

How much could India lose if Trump imposes 25% tariff, Russian import penalty?

US President Donald Trump holds up an executive order at the White House in Washington, DC, on August 5, 2025.

Updated 361 days ago

Where was Landman Season 2 filmed? All locations from oil industry drama sequel

Taylor Sheridan's Landman returns for Season 2 on Paramount+, based on the Boomtown podcast.

Published 363 days ago

Paramount confirms Landman Season 2: Release date, cast, plot and more

Landman Season 2 drops this November.

Published 364 days ago

Donald Trump is throttling America’s oil industry

Donald-Trump-is-throttling-America-s-oil-industry

Published 447 days ago

US sanctions four Indian firms for their 'involvement' in Iran's oil industry

US President Donald Trump during the Conservative Political Action Conference (CPAC) in National Harbor, Maryland, US, on Saturday, Feb. 22, 2025. The Conservative Political Action Conference launched in 1974 brings together conservative organizations, elected leaders, and activists.

Published 523 days ago

What do Joe Biden’s farewell Russian oil sanctions mean for India?

US President Joe Biden arrives to speak at the State Department in Washington, DC, on January 13, 2025, as he delivers his final foreign policy speech.

Published 565 days ago

Billy Bob Thornton figured out oil industry for 'Landman' show

Billy Bob Thornton figured out oil industry for 'Landman' show

Published 626 days ago

Pennsylvania county joins other local governments in suing oil industry over climate change

HT Image

Published 858 days ago

Explained: Why Greta Thunberg faces police action in London?

Swedish climate activist Greta Thunberg is arrested outside the InterContinental London Park Lane during the "Oily Money Out" demonstration organised by Fossil Free London and Greenpeace. (AFP)

Updated 1018 days ago

Sugar mills in Maharashtra diverting biz towards ethanol production

There is more demand from oil industries for ethanol blending but existing mills are not able to provide the required supply. (REPRESENTATIVE PHOTO)

Updated 1185 days ago

Russia becomes India's second-biggest oil exporter, trade sources

Higher oil imports from Russia, curbed OPEC's share in India's overall imports to 65% in April.

Published 1511 days ago

Chinese reliance on Middle East oil increases: Report

Considering China's dependence on foreign suppliers for oil remains in excess of 70 per cent, Chinese fears of such disruptions to the energy supply chain will only grow.

Published 1675 days ago

UK oil, gas industry struggles to recover from slump caused by Covid-19

FILE - In this Friday, Nov. 30, 2018 file photo smoke rises from a factory as a truck loaded with cars crosses a bridge in Paris. Global energy-related carbon dioxide emissions rose slightly in December compared to the same month of 2019, indicating the sharp drop seen due to the pandemic was short-lived. Figures released Tuesday by the International Energy Agency show emissions from the production and use of oil, gas and coal were 2% higher in December 2020 than a year earlier. (AP Photo/Michel Euler, File)

Published 1965 days ago

Texas governor's biggest donors: Energy industry that failed

Republican Gov. Greg Abbott has blamed grid operators and iced-over wind turbines but gone easier on another culprit: an oil and gas industry that is the state's dominant business and his biggest political contributor.

Published 1989 days ago

Oil industry reels as Joe Biden targets fossil fuels in first days

Washington : FILE - In this Jan. 21, 2021, file photo, President Joe Biden reacts to a reporters question after signing executive orders in the State Dinning Room of the White House, in Washington. Vice President Kamala Harris, left, and Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, right, look on. AP/PTI(AP01_23_2021_000009B)

Published 2017 days ago

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