Analysts say Ukraine is trying to disrupt the Russian military’s logistical routes and combat operations by targeting the facilities that supply fuel for its tanks, ships and fighter jets.
Tag: Oil (Petroleum) and Gasoline
F.T.C. Clears Exxon Mobil’s Acquisition of Pioneer Natural Resources
The Federal Trade Commission will bar Pioneer’s chief executive, Scott Sheffield, from joining Exxon’s board, saying he colluded with OPEC to reduce oil production.
Bulgarian Distrust of Russia Simmers Over a Black Sea Oil Terminal
Russia has been losing its grip on the Rosenets Oil Terminal, near the port city of Burgas, as Bulgarian authorities seek to assert greater control over the Russian-run facility.
Winners of the Goldman Environmental Prize Use Courts to Contest Oil Projects
Around the world, grass-roots organizers and Indigenous communities are taking proposed coal, oil and gas projects to court — and winning.
Russia Bombs Power Plants and Ukraine Targets Refineries in Dueling Attacks
As missiles caused extensive damage to Ukraine’s power grid, Kyiv continued drone assaults inside Russia that have drawn criticism from Washington.
Putin’s War Will Soon Reach Russians’ Tax Bills
Russia’s president has signaled an increase in income and corporate taxes that will help finance the war. The move reflects his firm control over Russian policy.
Exxon Mobil and Chevron Report Lower Earnings
Profits for the two oil giants, which are locked in a standoff over drilling off the coast of Guyana, were squeezed by lower profitability for refining crude and falling natural gas prices.
U.S. Restores Oil Sanctions on Venezuela as Hopes Dim for Free Election
The Biden administration had temporarily lifted sanctions after President Nicolás Maduro agreed to make free elections possible. Now Mr. Maduro has put up barriers to a credible vote.
Al Gore Thinks Trump Will Lose and Climate Activists Will Triumph
Mr. Gore spoke at a climate leadership conference hosted by his nonprofit organization.
Oil Prices Shrug Off Iran’s Attack on Israel
Investors are taking a wait-and-see approach after the much-anticipated aerial assault had little effect on oil supplies.