Shale drillers have turned the biggest oil field in the U.S. into a pressure cooker that is literally bursting at the seams. Illustration. Producers in the Permian Basin of West Texas and New Mexico ...
China accused the United States at the United Nations on Tuesday of violating international law and destabilising the Caribbean region, as Washington defended its seizure of Venezuelan oil tankers and ...
BENGALURU - An Air India Boeing 777 aircraft had to turn back to Delhi after a drop in oil pressure forced the pilots to turn off one of the jet’s engines, India’s aviation regulator said on Dec 22.
NEW DELHI: An Air India flight carrying 335 passengers, which took off from Delhi to Mumbai on Monday morning, was forced to make an emergency landing at Indira Gandhi International Airport as the oil ...
U.S. personnel seized a second oil tanker off the coast of Venezuela on Saturday as President Trump ratchets up the pressure on Venezuelan President Nicolas Maduro. The seizure of the vessel, which ...
For years, Venezuelan dictator Nicolás Maduro has defied predictions of collapse. Sanctions, diplomatic isolation and internal unrest have failed to unseat him. But the latest escalation by the Trump ...
WASHINGTON (AP) — President Donald Trump said Tuesday he is ordering a blockade of all “sanctioned oil tankers” into Venezuela, ramping up pressure on the country’s authoritarian leader Nicolás Maduro ...
Traders and sources claim that Venezuela's PDVSA, the state-run oil company, is facing stuck cargoes, increasing price discounts, and customer demands to change the terms of spot contracts after the U ...
A hoard of Venezuelan crude on tankers at sea will provide a cushion for Chinese refiners — the biggest buyers — should the US escalate hostilities against the OPEC producer and disrupt exports. The ...