Trade , International

US Weighs Additional Sanction Steps as Russia Shifts War Footing, White House Says

Russia-China trade has dropped since U.S. President Joe Biden had expanded Treasury's ability to target financial institutions, adding authorities may expand further.

May 28, 2024

Acquisitions & Divestitures , Business

Chevron-Hess Deal: To Vote or Not to Vote, That is the Question

A Hess Corp. proxy vote related to the company’s proposed $53 billion all-stock merger with Chevron Corp. has divided shareholders ahead of a May 28 deadline.

May 21, 2024

Crude Oil , International

What's Affecting Oil Prices This Week? (May 20, 2024)

U.S. economic activity, geopolitical uncertainty in the Middle East and the U.S.' recent hike in Chinese EV import duties all have a hand in the sway of oil prices this week. 

May 20, 2024

Renewables , Bioenergy/Biomass , Hydrogen , Solar , Wind , Policy & Regulations

Energy Transition in Motion (Week of May 17, 2024)

Here is a look at some of this week’s renewable energy news, including more moves by the U.S. to strengthen and protect the U.S. solar panel manufacturing sector from China.

May 17, 2024

Imports , Markets , Energy Transition

US Hits China with Huge Tariff Hikes on Solar Cells, EVs, Batteries

The directive quadruples the tariff rate on electric vehicles from 25% to 100%, and the tariff rate for solar cells doubles to 50%.

May 14, 2024

Unconventional , Rig Counts , Reservoir Evaluation , Highlights , Field Development , Discoveries , Artificial Intelligence , Drilling , Subsea , Seismic

E&P Highlights: May 13, 2024

Here’s a roundup of the latest E&P headlines, with a couple fields coming online, as well as new contract awards.

May 13, 2024

Exploration & Production , Crude Oil , Trade , International

Petrobras Sending Nearly Half of Oil Exports to China

Conflict in the Middle East has enabled Brazil’s state-owned Petrobras to change the flow of its oil exports, with China being the primary beneficiary, followed by Europe.

April 30, 2024

Crude Oil

What's Affecting Oil Prices This Week? (April 29, 2024)

Stratas Advisors says even with the reported drawdown in U.S. crude inventories, the price of Brent crude oil remains below the upward channel that had been in place since January of this year.

April 29, 2024

Crude Oil , International , Policy & Regulations

What's Affecting Oil Prices This Week? (April 22, 2024)

Stratas Advisors predict that despite geopolitical tensions, the oil supply will not be disrupted, even with the U.S. House of Representatives inserting sanctions on Iran’s oil exports.

April 22, 2024

Crude Oil

Paisie: Crude Prices Rising Faster Than Expected

Supply cuts by OPEC+, tensions in Ukraine and Gaza drive the increases.

April 19, 2024