Three Iraqi workers were wounded in the attacks, which come as tensions between the United States and Iran are escalating in the region.
Tag: Oil (Petroleum) and Gasoline
Trudeau’s Government Approves Expansion of Divisive Trans Mountain Pipeline
Plans to increase the size of the pipeline linking Alberta’s landlocked oil sands with British Columbia has divided the provinces and exposed a rift in the country’s Indigenous communities.
Trump Adds Troops After Iran Says It Will Breach Nuclear Deal
As President Trump ordered the deployment of 1,000 more troops to the Middle East, Tehran was trying to get European nations to blunt American economic sanctions.
How Tanker Attacks in the Strait of Hormuz Could Affect Oil Prices
The skinny waterway, the gateway for a third of all crude oil by tanker, has become a security risk that could threaten the oil market.
Mexico Files Charges to Launch an Anticorruption Drive
The administration of President Andrés Manuel López Obrador announced its first major anti-corruption prosecution, delivering on a central campaign promise.
Saudi Arabia Negotiating to Buy U.S. Natural Gas From Sempra Energy
The deal would be Saudi Aramco’s first large purchase of American gas and signals that the country wants to extend its energy industry beyond oil.
Saudi Oil Infrastructure at Risk as Small Attacks Raise Potential for Big Disruption
Saudi Arabia spent heavily to protect its oil production lines but rapid changes in technology may mean ports and pipelines are increasingly exposed in the turbulent region.
Yemen’s Houthi Rebels Attack Saudi Oil Facilities, Escalating Tensions in Gulf
The attacks by the Iranian-backed Houthis came after reports of attacks on oil tankers. The incidents stoked fears of a military clash with Iran.
An $8 Billion Refinery? Mexican President Says, Yes We Can
Experts told Mexico’s president it’s impossible to build a refinery at the price he wants, so he orders Mexico’s struggling oil company to do it instead.
Mexico Declares Victory Over Fuel Thieves. But Is It Lasting?
Andrés Manuel López Obrador has claimed victory in his battle against fuel theft, but many doubt that the quick gains are sustainable.