Tag - oil

 
 

OIL

U.S. President Donald Trump attends a news conference during a NATO summit in The Hague in June.
WORLD / Politics
Sep 14, 2025
Trump presses NATO nations to halt Russian oil purchases
In recent weeks, the U.S. has stepped up pressure on NATO countries to tighten energy sanctions on Russia in a bid to help end its war with Ukraine.
Local residents walk across a bridge as smoke rises following Russian drone and missile strikes in Kyiv on Sept. 7.
WORLD / Politics
Sep 13, 2025
U.S. urges G7 and EU to impose tariffs on China and India over Russian oil
Washington is also calling for a legal pathway to seize immobilized sovereign Russian assets and using the principle of those assets to fund Ukraine’s defense.
Oil pump jacks outside Almetyevsk, Russia, in July.
JAPAN
Sep 12, 2025
Japan expands sanctions against Russia
Tokyo will freeze the assets of 14 individuals and 51 organizations, including Russian officials, company executives and pro-Russian figures in Ukraine.
Eight companies are suspected of maintaining or raising prices of diesel fuel sold in Tokyo to transportation and other companies.
JAPAN / Crime & Legal
Sep 10, 2025
Eight companies raided in Japan over diesel fuel cartel
According to the sources, the firms are suspected of maintaining or raising prices of diesel sold in Tokyo to transportation and other companies.
A water-based solar farm operated by the China Energy Conservation and Environmental Protection Group on the outskirts of Jiaxing, China, in 2018
ENVIRONMENT / Energy
Sep 9, 2025
China’s green push may cut global fossil use by 2030, says think tank
"China’s surge in renewables and whole-economy electrification is rapidly reshaping energy choices for the rest of the world," Ember said.
Prime Minister Shigeru Ishiba meets with his Indian counterpart, Narendra Modi, in Tokyo on Friday.
COMMENTARY / Japan
Sep 3, 2025
Can India and Japan deliver on their energy agenda?
As geopolitics in the Indo-Pacific shifts, energy has become central to how India and Japan define their partnership.
French President Emmanuel Macron and German Chancellor Friedrich Merz attend a joint news conference in Toulon, France, on Friday.
WORLD / Politics
Aug 30, 2025
German and French leaders push for secondary sanctions on Russian backers
The two European leaders are increasing pressure on Moscow as U.S. President Donald Trump’s peace efforts sputter.
Indian Prime Minister Narendra Modi at the presidential palace in New Delhi on Aug. 5
BUSINESS / Economy
Aug 27, 2025
U.S. slams India with 50% tariffs, among highest in the world
The move upends a decadeslong push by Washington to forge closer ties with New Delhi and court India as a counterweight to China.
Indian Prime Minister Narendra Modi and Chiese President Xi Jinping in 2016. Modi has said he’s looking forward to meeting Xi during a visit China later this month — his first trip to the country in seven years.
ASIA PACIFIC / Politics
Aug 20, 2025
Modi hails China ties as Washington takes swipe at India's 'richest families'
New Delhi has been recalibrating its foreign policy more toward China and other BRICS group members after U.S. President Donald Trump threatened to boost tariffs.
Chinese President Xi Jinping and Indian Prime Minister Narendra Modi during a signing ceremony at the Shanghai Cooperation Organization summit in Qingdao, Shandong Province, China, in 2018.
ASIA PACIFIC / Politics
Aug 19, 2025
Modi hails ‘friend’ Putin and boosts China ties in tilt from U.S.
The move is another sign the South Asian nation is tilting away from the U.S. in the face of Donald Trump’s tariff threats.
A Pertamina fuel storage facility at Tanjung Priok port in Jakarta in 2022
BUSINESS / Companies
Aug 18, 2025
Indonesia’s ‘gasoline godfather’ targeted in $18 billion graft probe
Mohammad Riza Chalid is the most audacious target to date for the current administration, as it reshuffles its energy procurement and attempts to supercharge growth.
Jakarta and Kuala Lumpur have overlapping claims to the continental shelf and exclusive economic zone off the eastern coast of Borneo — known as Ambalat in Indonesia and Sulawesi Sea in Malaysia.
ASIA PACIFIC / Politics
Aug 13, 2025
Indonesia says it will continue talks with Malaysia over disputed sea
The dispute involves overlapping claims to the continental shelf and exclusive economic zone off the eastern coast of Borneo.
A farmer removes weeds from a soybean farm in Nashik, India, on July 28.
BUSINESS / Markets
Aug 12, 2025
India's ethanol drive imperils its push for edible oil self-sufficiency
New Delhi is working to make more ethanol to meet its target of blending 20% of it with gasoline, but the process produces a protein-rich byproduct flooding the animal feed market.
The World Energy refinery in Paramount, California
ENVIRONMENT / Energy
Aug 12, 2025
The airline industry's dirty secret: Clean jet fuel failures
An analysis has found that the airline industry's plans to go green before regulators start penalizing them are little more than a pipe dream.
Wind turbines beyond an array of solar panels on the hillside in the Canical district of Madeira, Portugal, on Feb. 9, 2023. Renewables are now among the cheapest forms of electricity, especially after an energy crunch and the Ukraine war bolstered gas, oil and coal.
ENVIRONMENT / Energy
Aug 11, 2025
Hedge funds flip on green energy and start betting against oil
The outlook for solar and wind stocks is starting to improve.
Oil prices are currently low, but a potential recovery around 2027-2029 is expected as demand growth slows and reduced investment in non-OPEC  production tightens supply.
COMMENTARY / World
Aug 10, 2025
The bullish case for oil is real — but far, far away
With oil benchmarks down almost 20% over the last two years, upbeat investors are, out of necessity, waiting.
Activists stage a demonstration in front of the United Nations Offices in Geneva on Monday.
ENVIRONMENT / Sustainability
Aug 5, 2025
Pressure from oil producers and U.S. threaten global pact on plastics pollution
Plastic production is set to triple by 2060 without intervention, choking oceans, harming human health and accelerating climate change, according to the OECD.
U.S. President Donald Trump (left) and Indian Prime Minister Narendra Modi shake hands at the conclusion of a joint news conference in the White House in Washington on Feb. 13.
WORLD / Politics
Aug 5, 2025
Trump again threatens India with harsh tariffs over Russian oil purchases
A spokesperson for the Indian foreign ministry said in response that India will "take all necessary measures to safeguard its national interests and economic security."
India's Prime Minister Narendra Modi gestures as he addresses a public gathering during the inauguration of various projects on the outskirts of the city of Varanasi, in the Indian state of Uttar Pradesh, on Saturday.
ASIA PACIFIC / Politics
Aug 4, 2025
India to keep buying Russian oil despite Trump's 25% tariff blow
India has become one of U.S. President Donald Trump’s top targets as he looks to pressure Russian President Vladimir Putin to end his war in Ukraine.
A drone view shows the Zubair Oil Field in Basra, Iraq, on January 16.
BUSINESS / Markets
Aug 4, 2025
China's independent oil firms elbow into Iraq's majors-dominated market
Smaller Chinese producers are on track to double their output in Iraq to 500,000 barrels per day by around 2030.

Longform

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