Tag #Oil

theglobeandmail.com
🌐 85% Global Worthiness
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Canada Weighs Retaliatory Tariffs Against US Energy Tariffs

Facing potential US tariffs on energy exports, Canada considers retaliatory tariffs to quickly impact US gas prices, despite the risk of significant economic damage and inflation, as seen in the game of 'chicken' between Canada and the US.

Progress

56% Bias Score

No Poverty
pt.euronews.com
🌐 85% Global Worthiness
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Energy Prices Surge Amidst Sanctions and Increased Demand

Increased energy demand and renewed US sanctions against Russia caused a surge in crude oil and natural gas prices in January 2025, reaching levels not seen since late 2022 and August 2024 respectively, posing significant risks to the Eurozone economy.

Progress

40% Bias Score

Affordable and Clean Energy
cincodias.elpais.com
🌐 85% Global Worthiness
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Venezuela's Oil Exports to Spain Surge Amid Political Uncertainty

Venezuela more than doubled its crude oil exports to Spain in 2024, reaching over three million tons—primarily delivered to Repsol to settle debts and for services provided—amidst a backdrop of contested elections and potential international sanctions.

Progress

40% Bias Score

Decent Work and Economic Growth
us.cnn.com
🌐 90% Global Worthiness
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Disabled Russian Oil Tanker Highlights Risks of Sanctions-Evading "Shadow Fleet

The Panamanian-flagged oil tanker Eventin, carrying nearly 100,000 tons of oil from Russia, lost power in the Baltic Sea near Germany, prompting a rescue operation amid stormy conditions and highlighting Russia's use of its "shadow fleet" to circumvent sanctions.

Progress

56% Bias Score

Climate Action
welt.de
🌐 85% Global Worthiness
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Disabled Oil Tanker Eventin Faces Storm in Baltic Sea

The Panama-flagged oil tanker Eventin, carrying 99,000 tons of oil, is disabled in the Baltic Sea due to a power outage, facing worsening storm conditions; additional tugboats and experts secured its position, but long-term implications are uncertain due to its association with Russia's sanctioned s...

Progress

40% Bias Score

Life Below Water
china.org.cn
🌐 75% Global Worthiness
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Syria's New Government Restores Key Services Amidst Infrastructure Challenges

On January 7, 2025, the new Syrian government resumed international flights at Damascus Airport, announced incoming power-generating vessels from Türkiye and Qatar to boost electricity, and reported ongoing maintenance at the Baniyas Refinery alongside a security operation targeting former governmen...

Progress

36% Bias Score

No Poverty
china.org.cn
🌐 75% Global Worthiness
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Cote d'Ivoire's Baleine Field Production Exceeds Expectations

Cote d'Ivoire's oil and gas production is set to surge to 75,000-85,000 barrels per day following the successful start of phase 2 of the Baleine field by ENI and PETROCI on December 28, 2023, exceeding initial projections, and boosting the nation's energy sector.

Progress

52% Bias Score

Affordable and Clean Energy
dw.com
🌐 85% Global Worthiness
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US Sanctions Halt 65 Russian Oil Tankers

At least 65 oil tankers carrying Russian oil are anchored due to US sanctions targeting Gazprom Neft, Surgutneftegaz, and 183 vessels, impacting roughly 10% of the global tanker fleet and aiming to curb Russia's war funding.

Progress

36% Bias Score

Peace, Justice, and Strong Institutions
dw.com
🌐 85% Global Worthiness
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US Sanctions Target Russia's "Shadow Fleet", Aiming to Curb Oil Revenue

The Biden administration imposed new sanctions on January 10th, targeting Russia's "shadow fleet" of nearly 200 oil tankers and impacting companies like Gazprom and Surgutneftegaz; experts believe this will significantly hurt Russia's oil revenue, crucial for funding its war in Ukraine.

Progress

40% Bias Score

Peace, Justice, and Strong Institutions
repubblica.it
🌐 85% Global Worthiness
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Germany Aids Tanker in Russia's 'Shadow Fleet'

Germany assisted a tanker in the Baltic Sea suspected of being part of Russia's 'shadow fleet' used to circumvent oil sanctions, following recent US, UK, and EU sanctions targeting nearly 300 Russian energy vessels.

Progress

44% Bias Score

Peace, Justice, and Strong Institutions
pda.kp.ru
🌐 75% Global Worthiness
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US Sanctions Target Russian Oil Sector, Limited Economic Impact Expected

The Biden administration imposed new sanctions on Russian oil companies Gazprom Neft and Surgutneftegaz, along with 30 subsidiaries, 183 oil tankers, two insurance firms, and other entities, impacting their operations and potentially weakening the ruble.

Progress

52% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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US to Sanction Tankers Transporting Russian Oil Above Price Cap

The Biden administration is imposing new sanctions on tankers transporting Russian oil above the $60 per barrel price cap, targeting the "shadow fleet" used to circumvent sanctions, aiming to further restrict Russia's oil revenue and hinder its war effort in Ukraine.

Progress

40% Bias Score

Climate Action