Tag #Oil

Showing 37 to 48 of 140 results

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US Imposes 25% Tariff on Venezuelan Oil, Escalating Tensions

The U.S. imposed a 25% tariff on Venezuelan oil and gas imports starting April 2nd, prompting Venezuela's rejection and vows of legal action, while threatening the country's recent oil production recovery and its key trading partners.

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elpais.com
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US Announces Discretionary Tariffs on Venezuelan Oil Imports

The US announced potential 25% tariffs on goods from countries importing Venezuelan oil starting April 2, 2025; Secretary of State Marco Rubio will decide which countries face tariffs, offering flexibility and pressure; Chevron's operations in Venezuela were extended until May 27, 2024.

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es.euronews.com
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Germany Seizes Russian Oil Tanker, Defying Sanctions

German authorities seized the Panamanian-flagged oil tanker Eventin, carrying 100,000 tons of crude oil worth over €40 million, in the Baltic Sea; the ship is part of Russia's 'shadow fleet' used to evade sanctions on oil exports, and its seizure signals Germany's opposition to this.

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europe.chinadaily.com.cn
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Tarim Oilfield's Ultra-Deep Production Bolsters China's Energy Security

China's Tarim oilfield produced 150 million metric tons of oil and gas from depths exceeding 6,000 meters in 2024, representing 37% of the nation's total output and signifying advancements in ultra-deep drilling technology to bolster energy security.

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cnnespanol.cnn.com
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Ecuador's Sacha Oil Field Concession Sparks Controversy

Ecuador's government plans to grant a 20-year concession of the Sacha oil field, its largest, to a Chinese-Canadian consortium for US \$1.5 billion, sparking controversy over transparency and potential financial losses for the nation, despite government claims of increased efficiency and revenue.

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dw.com
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Ukraine Drone Strikes Halt Russian Oil Flow to Hungary

Ukrainian drone strikes on Russia's Oryol Oblast and Moscow refinery disrupted oil supplies through the Druzhba pipeline to Hungary, causing a temporary halt in exports; repairs are underway.

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44% Bias Score

Peace, Justice, and Strong Institutions
it.euronews.com
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Trump Announces Tariffs on Countries Buying Venezuelan Oil

President Trump announced that countries buying oil from Venezuela will face tariffs on all US trade starting April 2nd, impacting major importers like China and potentially escalating trade tensions.

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52% Bias Score

Reduced Inequality
lemonde.fr
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Trump Imposes 25% Tariff on Countries Buying Venezuelan Oil

On March 24th, Donald Trump announced a 25% tariff on goods from countries buying Venezuelan oil, starting April 2nd, aiming to curb Venezuelan revenue and citing Venezuela's "hostility." This follows Chevron's operational license termination and increased migrant deportations.

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44% Bias Score

Reduced Inequality
usa.chinadaily.com.cn
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China's Ultra-Deep Oil Extraction Boosts Energy Security

China's Tarim oilfield produced 150 million metric tons of oil and gas from depths exceeding 6,000 meters in 2024, representing 37 percent of the nation's total output and marking a strategic step towards energy independence, driven by technological advancements and reduced crude oil imports by 1.9 ...

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36% Bias Score

Affordable and Clean Energy
theglobeandmail.com
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Alberta Premier Adopts Diplomatic Stance on U.S. Trade Disputes

Alberta Premier Danielle Smith is pursuing a diplomatic approach to trade disputes with the U.S., advocating for increased oil export capacity to the U.S. while also pursuing alternative markets, contrasting with the tougher stance of other Canadian leaders amid tariff threats and newly discovered r...

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44% Bias Score

Affordable and Clean Energy
forbes.com
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EPD: Record Volumes & Undervalued Stock Despite Slowing Growth

Enterprise Products Partners (EPD), a master limited partnership, achieved record oil and gas volumes in 2024, driven by rising U.S. production and exports; despite expected slower growth, its strong cash flow, $7.6 billion in capital projects, and undervalued stock price offer significant upside po...

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48% Bias Score

Affordable and Clean Energy
elpais.com
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Chevron's Exit from Venezuela: Maduro Announces New Economic Plan Amidst Production Losses

Following Chevron's departure from Venezuela, President Maduro announced a new economic plan to counter the loss of approximately 150,000 barrels of daily oil production, raising concerns about the country's economic stability amidst existing sanctions and internal challenges.

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40% Bias Score

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Showing 37 to 48 of 140 results