Mar 09 Some leaders see powerful argument for renewable energy as Iran war shakes markets By Seth Borenstein, Jennifer McDermott, Associated Press United Nations Secretary-General António Guterres is urging countries to turn to clean energy that can be less vulnerable to the shocks of fossil fuels. Continue reading
Mar 07 Oil and gas prices rise rapidly as Iran war escalates By Cathy Bussewitz, Associated Press The price of oil surged higher and showed no signs of halting its rapid climb a week after the U.S. and Israel launched major attacks on Iran that escalated into a war in the Middle East. Continue reading
Mar 02 Watch 7:17 How the war in Iran is impacting global energy markets By William Brangham, Jackson Hudgins Oil and gas prices spiked on Monday as the Iran conflict escalated and shipping was disrupted in the Strait of Hormuz. About 20% of the world’s oil and liquefied natural gas flows through the strait every day, making it one… Continue watching
Jan 29 Venezuela's acting president signs overhaul easing state control of oil industry into law By Regina Garcia Cano, Associated Press The reform will undoubtedly be her government’s signature policy as it positions the oil sector – Venezuela’s engine – to lure the foreign investment needed to revamp a long-crippled industry. Continue reading
Jan 29 Trump threatens tariffs on any country that sells oil to Cuba, putting pressure on Mexico By Michelle L. Price, Megan Janetsky, Associated Press President Donald Trump on Thursday signed an executive order that would impose a tariff on any goods from countries that sell or provide oil to Cuba, a move that could further cripple an island plagued by a deepening energy crisis. Continue reading
Jan 16 Delcy Rodríguez calls for opening oil industry to foreign investment and warmer US ties By Regina Garcia Cano, Associated Press Rodríguez lays out a vision for Venezuela's new political reality after the United States captured and toppled former President Nicolás Maduro. Continue reading
Jan 12 Trump 'inclined' to keep ExxonMobil out of Venezuela after CEO's skeptical response at White House meeting By Seung Min Kim, Julia Nikhinson, Associated Press Darren Woods, CEO of ExxonMobil, the largest U.S. oil company, called the country "uninvestable."… Continue reading
Jan 09 Watch 5:38 What oil companies need before tapping Venezuela's vast reserves By Amna Nawaz, Jackson Hudgins President Trump hosted a group of oil executives at the White House and outlined his plan for American companies to exploit Venezuelan resources. Venezuela sits on more oil than any nation on the planet, but produces just 1% of the… Continue watching
Jan 08 U.S. aims to assert its control over Venezuelan oil with tanker seizures and global sales By Konstantin Toropin, Josh Boak, Jill Lawless, Michael Biesecker, Associated Press The Trump administration intends to control the distribution of Venezuela's oil products globally following its ouster of President Nicolás Maduro in a surprise nighttime raid. Continue reading
Jan 07 Watch 6:09 White House says U.S. will control Venezuelan oil industry 'indefinitely' By Nick Schifrin, Eliot Barnhart The Trump administration escalated its pressure on Venezuelan oil, seizing two tankers and declaring it intends to “indefinitely” sell the country’s oil. The administration's rhetoric has also included threats to seize Greenland, part of NATO-member Denmark. Nick Schifrin reports. Continue watching