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Key oil price surges above $70 after attack on Saudi facilities | Business and Economy News

Brent crude futures rose above $70 first time since COVID pandemic began while US crude was its highest in two…

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US freeze hits Europe’s fuel oil exports | International Trade News

While European plants benefitted from the US shutdown of refineries, now they have no clients to export fuel oil to.…

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Long-serving Saudi oil minister Ahmed Zaki Yamani dies at 90 | Business and Economy News

Ahmed Zaki Yamani – a long-serving oil minister in Saudi Arabia who led the kingdom through the 1973 oil crisis…

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Stocks extend bull run on hopes of quick economic recovery | Energy News

Asian shares advanced on Tuesday, putting world equities on course to extend their bull run for a 12th consecutive session…

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Asian shares edge towards record highs on hope of US stimulus | Business and Economy News

Hopes of a quicker global economic recovery and crude oil supply curbs by OPEC are pushing stocks and oil prices…

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Aramco emissions filings fail to account for full climate toll | Business and Economy News

Before it launched the world’s biggest public listing, Saudi Arabian Oil Co. promised potential investors a small piece of a trillion-dollar company…

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‘Vindication’: Keystone critics welcome Biden nixing pipeline | Environment News

Montreal, Canada – Opponents of the contentious Keystone XL pipeline are welcoming United States President Joe Biden’s decision to nix…

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Work suspended on Keystone XL pipeline as Biden is sworn in | Environment News

The Canadian company behind the Keystone XL pipeline said it has suspended work on the project in anticipation of US…

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Canada plans to sell Keystone XL for scrap if Biden kills project | Business and Economy News

The Canadian province that invested in the crude pipeline is looking to sell it to recoup some of its $1.1bn.…

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Alberta leader asks Biden to ‘show respect’, hold Keystone talks | Energy News

US President-elect Joe Biden plans to nix contentious oil pipeline on his first day in office, Canadian media outlets reported.…

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