United States President Donald Trump has said he is ready to sanction Russia, but only if all NATO allies agree to completely halt purchases of Russian oil and impose their own sanctions on Russia to pressure it to end its more than three-year war in Ukraine. “I am ready to do major Sanctions on Russia…
Moscow and Beijing agree to advance a major gas link via Mongolia, deepening their energy ties. Published On 2 Sep 20252 Sep 2025 Russia and China have agreed to move forward with a new gas pipeline during Russian President Vladimir Putin’s trip to China, Gazprom said, highlighting the growing economic and energy ties between the…
Russian President Vladimir Putin (L), Chinese President Xi Jinping (2nd R) and Mongolian President Ukhnagiin Khurelsukh (not seen) get together for a trilateral meeting in Beijing, China on September 2, 2025. Anadolu | Anadolu | Getty Images Russia and China on Tuesday signed a legally binding deal to build the long-delayed Power of Siberia 2…
United States President Donald Trump has threatened to slap new sanctions on Russia and secondary sanctions on countries that buy Moscow’s crude oil in efforts to end the Russia-Ukraine war. While Trump imposed an additional 25 percent tariff earlier this month – to a total of 50 percent – on India’s goods, citing its continued…
United States President Donald Trump and his Russian counterpart Vladimir Putin are set to meet in Anchorage, Alaska, on Friday to discuss how to end the war in Ukraine. On Wednesday, following a virtual meeting with European leaders including Ukrainian President Volodymyr Zelenskyy, Trump warned of “severe consequences” if Putin refuses to accept a ceasefire after more…
Even as the United States slaps India with a 50 percent tariff, the highest among all countries so far and one that will push their relationship to its lowest moment in years, one thing is clear: US President Donald Trump is more interested in onshoring than friend-shoring, experts say. On Wednesday, the US announced an…
Technicians stand next to an oil rig which is manufactured by Megha Engineering and Infrastructures Limited (MEIL) at an Oil and Natural Gas Corp (ONGC) plant, during a media tour of the plant in Dhamasna village in the western state of Gujarat, India, August 26, 2021. Amit Dave | Reuters U.S. President Donald Trump added…
U.S. President Donald Trump says the European Union ‘s $750 billion energy pledge will help to revitalize the world’s largest economy, although analysts question whether the 27-nation bloc’s target is in keeping with market reality. Speaking to CNBC’s ” Squawk Box ” on Tuesday morning, Trump lauded recent trade deals with both the EU and…
Despite these challenges, SLB reported total revenue of $8.55bn in Q2. Credit: JHVEPhoto/Shutterstock.com. Oilfield services giant SLB issued a cautionary statement on Friday, indicating a possible downturn in global upstream spending in 2025, especially in North and Latin America. North America is particularly vulnerable to these anticipated short-cycle expenditure cuts, whereas regions such as Asia…
By Sheila Dang HOUSTON (Reuters) -Chevron’s imminent entry into Guyana’s rich offshore oilfields solves one of the biggest problems dogging the U.S. major: where its growth will come from beyond the next few years. On Friday, the U.S. oil producer closed its $55-billion acquisition of Hess – among the largest ever oil and gas deals…