CABIMAS, Venezuela — The pumps that brought prosperity from deep in the Earth’s crust are now mostly rusted relics of a storied past. The buildings that housed a prideful…
Read more Venezuela’s oil industry is in ruins. Reviving it won’t be easyPresident Donald Trump said Saturday the U.S. would tap into Venezuela’s oil reserves following President Nicolás Maduro’s capture. Trump wants U.S. oil companies to invest in Venezuela’s oil…
Read more Here’s what to know about Venezuela’s oil industry in five chartsAs uncertainty simmers in Venezuela, interim President Delcy Rodríguez has taken the place of her ally deposed President Nicolás Maduro, captured by the United States in a nighttime…
Read more Who is Delcy Rodríguez? The woman who’s Venezuela’s interim presidentUkraine has attacked approximately 160 refineries, pumping stations and other facilities of the Russian oil industry since the beginning of the year, Ukrainian security service chief Vasyl Malyuk…
Read more Ukrainian security chief says 160 Russian oil facilities attackedSACRAMENTO — Gov. Gavin Newsom called California lawmakers into a special session Saturday after Assembly Democrats pushed back on his request to approve new requirements on oil refineries in…
Read more Newsom calls Legislature into special session after lawmakers reject his latest salvo at Big OilNot many on-the-ground jobs that offer a salary over $55,000 for just half a year’s work. But that’s the money for those who opt for the rigor of…
Read more Don’t have a college education and want to make bank and take half the year off? Oil rig work is the hot job for many AmericansOil demand is likely to hold up longer than many people expect during the anticipated transition to electric vehicles. And changes in the industry point to oilfield services…
Read more Here’s how to play oil-industry stocks for long-term growth of 20% or moreTrading in shares of Icahn Enterprises LP was choppy Thursday amid the continued fallout from a short seller’s report that was critical of the investment arm of activist investor…
Read more Icahn Enterprises’ stock choppy as company moves earnings release to next weekIcahn Enterprises LP stock tumbled 25% Tuesday to put it on track for a record one-day decline, after short seller Hindenburg Research issued a negative report against the…
Read more Icahn Enterprises sheds $4.5 billion of value as short seller Hindenburg puts Carl Icahn’s company in crosshairsDuring a period of high interest rates, it might be more difficult to impress investors with dividend stocks. But the stocks can have an important advantage over the…
Read more 10 dividend stocks yielding at least 4.5% that are rated ‘buy’ by most analystsSaudi Arabia, U.A.E. Scoop Up Russian Oil Products at Steep Discounts Source link
Read more Saudi Arabia, U.A.E. Scoop Up Russian Oil Products at Steep DiscountsExxonMobil: Eyes on the Permian Prize Source link
Read more ExxonMobil: Eyes on the Permian PrizeIf you invest in dividend stocks, you are probably looking for long-term growth to go with the income. Otherwise you might be content to hold one-month U.S. Treasury…
Read more 14 dividend stocks yielding 4% or more that are expected to increase payouts in 2023 and 2024The Organization of the Petroleum Exporting Countries and its allies said they decided Sunday to cut production in an effort to support oil-market stability, but that offers little…
Read more Soaring oil prices: 6 things investors need to know about the surprise OPEC+ production cutsSurprise crude oil production cuts from Saudi Arabia and other oil-rich countries shouldn’t produce worries of skyrocketing gas costs for U.S. drivers still smarting from last year’s pump…
Read more The surprise OPEC+ oil production cuts will increase gas prices — here’s how muchOil prices spiked late Sunday, after Saudi Arabia led a surprise oil production cut across several OPEC+ nations that will remove more than 1 million barrels of oil…
Read more Oil prices soar after Saudi Arabia leads coordinated OPEC+ cuts totaling more than 1 million barrels a dayOil futures extended a slump Wednesday, with the U.S. benchmark dipping below the $70 level and touching its lowest intraday level since December 2021 as the fallout from…
Read more U.S. oil benchmark drops to 14-month low as recession fears mountThe Biden administration approved the large-scale and controversial Willow drilling project for ConocoPhillips on Alaska’s oil-rich North Slope on Monday. The approval, although with some conditions, is one…
Read more Biden approves Willow oil-drilling permit in Alaska. It’s a ‘carbon bomb,’ one group says.Natural-gas prices have tumbled this year because of warm weather and high levels of gas in storage in Europe and elsewhere. U.S. prices are down 45% to $2.46…
Read more Three Oil Stocks Exposed to Natural-Gas PlungeTurkey’s lira hit a record low and its stock market tumbled on Monday after a major earthquake killed nearly 1,500 people and wounded thousands of others in the…
Read more Turkey ETF tumbles and lira slumps to record low after major earthquake adds to economic woes
