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...China relies on Iran for about a tenth of its oil imports but processes the oil not through its state-owned oil and gas companies but through smaller, private, refineries....
...in trading Russian oil....
...recent years from international spoiler to outlaw state,” said Griffiths....
...The International Energy Agency chief has criticised Europe for falling behind China and the US after making “two historic monumental mistakes” in energy policy, by relying on Russian gas and turning away...
...Oklahoma, another oil producer, banned JPMorgan, BlackRock and others from doing business with the state in 2023....
...Since 1983 an International Maritime Organization convention prohibits vessels from releasing any liquid into the sea containing more than 15 parts per million of oil, and they must pay to offload anything...
...Prices retreated after Iran’s state media played down the damage from the attacks. Oil is currently below the level before last week’s drone and missile attack on the Jewish state by Tehran....
...Prices retreated after Iranian state media played down the damage from the attacks. Oil is currently below the level seen before last week’s drone and missile attack on the Jewish state by Tehran....
...While a full-scale war could erupt between the Jewish state and Iran, analysts expect a forceful retaliation from Israel triggering major disruptions to oil supply is unlikely as it faces international pressure...
...Rising tensions in the Middle East probably also supported prices, along with reports that Mexico’s state-controlled oil company Pemex would limit exports....
...The International Energy Agency is out with its monthly oil report today with divergent views on demand from Opec....
...The International Energy Agency this year found the global energy industry was responsible for 135mn tonnes of methane emissions in 2022, only slightly below record high levels of 2019....
...Oil majors and state-owned companies are behind the majority of new discoveries and approvals....
...We have an exclusive story on Iran’s oil exports reaching a six-year high and giving its economy a $35bn-a-year boost despite sanctions....
...Saudi Aramco boosted its dividend to almost $100bn as it reported the second-highest annual profit in its history, even as lower oil prices and state-led production cuts weighed down on performance....
...If a bunch of sovereign states do it, what are you gonna do about it? Invade them? Like, no. Right? Katie MartinIt’s fine. It’s fine. This is just how the oil market . . ....
...Former finance minister Simón Zerpa and Sarmark López, a businessman and associate of El Aissami, were also arrested as part of a probe into alleged corruption at state oil major Petróleos de Venezuela (...
...The curbs were due to expire at the end of March but will continue until the end of June, according to Saudi Arabia’s state news agency....
...The US Treasury’s Office of Foreign Assets Control “will consider requests for specific licenses to continue activities beyond the end of the wind-down period on a case-by-case basis”, according to a US State...
...In an updated edition last September, it changed its language to state that “no new conventional long-lead-time oil and gas projects are approved for development after 2023” under the IEA’s net zero scenario...
...“Based on today’s policy settings alone, almost one in three cars on the roads in China by 2030 is set to be electric, and almost one in five in both the United States and EU....
...Saudi Arabia has transferred a $163bn stake in national oil group Aramco to its sovereign wealth fund as the once conservative state investment group seeks to grow its assets to fund projects to modernise...
...Oil prices advanced on Thursday following Israeli prime minister Benjamin Netanyahu’s rejection of a ceasefire deal with Hamas....
...An influential International Energy Agency report, released after the time limit for evidence to be submitted for the original case, has said there would be no room for new oil and gas exploration projects...
...Guyana has accused Venezuela of violating international law in a dispute over a swath of oil-rich territory by expanding its military presence on their shared border despite pledging not to use force....
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