Oil

Finance

OPEC to Extend Oil Production Cuts Through June

Saudi Arabia’s announcement appears to be aimed at bolstering oil prices as growth in demand remains modest.

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News

The Cookbook ‘French Boulangerie’ Embraces Fermentation and Goes Beyond France

Try a cooking oil made from algae, pick up a citrus wheel plate and more food news.

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Finance

Two Big Texas Oil Producers Announce $26 Billion Merger

Diamondback Energy and Endeavor Energy Resources are both major players in the booming Permian Basin.

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Finance

Shell to Sell Its Nigeria Oil Business for $1.3 Billion

The energy company’s exit from onshore petroleum drilling in Nigeria is aimed to reduce risks, while it continues to produce…

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Finance

Top Natural Gas Producers Announce Multibillion-Dollar Merger

The deal, between Chesapeake Energy and Southwestern Energy, would create one of the largest energy producers in the United States.

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World

Workers on a Philippines Coconut Farm: Born Poor, Staying Poor

In the groves of the Philippine island of Mindanao, people living in rural areas struggle to feed themselves in the…

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Finance

Angola to Quit OPEC in Dispute Over Oil Production Levels

Officials have been unhappy after the oil cartel, led by Saudi Arabia, pushed Angola and other countries to accept lower…

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World

Stakes Change, but an Old Fight Over a Chunk of South America Flares Again

It was the depths of the Cold War in the 1960s, and Caracas was on edge. Marxist guerrillas in Venezuela…

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Finance

G7 Tightens Enforcement of Oil Price Cap Amid Widespread Russian Evasion

The Treasury Department announced new sanctions on oil shippers and traders that have been helping Russia circumvent price restrictions.

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Finance

What Does the Red Sea Crisis Mean for Oil Prices?

The Latest Energy companies like BP and shipping companies that transport crude oil have stopped sending some tankers through the…

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