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Tag: Energy industry

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Brent crude hits $116 a barrel after Trump says he wants to ‘take the oil in Iran’

The price of oil has risen sharply to $116 a barrel after Donald Trump said he wanted to “take the oil in Iran”, sending...
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Ella Baron on Donald Trump and the Iran war – cartoon

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US to send three more warships and thousands more troops to Middle East, reports say

The US is reportedly preparing to send three more warships and thousands more troops to the Middle East, as Donald Trump called Nato allies...
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US tech firms pledge at White House to bear costs of energy for datacenters

Google, Microsoft, Meta, Amazon and several artificial intelligence companies signed a pledge at the White House on Wednesday to bear the cost of new...
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Trump says US companies will invest billions in Venezuelan oil production. Experts aren’t so sure

Industry experts have expressed skepticism over Donald Trump’s bullish prediction that US big oil firms will rapidly invest tens of billions of dollars to...
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Despite Trump’s hopes, big oil will be wary of rushing back to Venezuela | Nils Pratley

The theory sounds straightforward. Venezuela has vast oil reserves and used to produce more than three times as much volume as it does now....
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