Rumaila, the biggest oilfield in Iraq capable of pumping about 1.5 million barrels per day (bpd), has seen its oil production cut by 300,000 bpd since a fire broke out at the huge field last week, an ...
Oil prices retreated on Monday after the Trump administration pulled back from sanctions threats against Colombia over illegal immigration, alleviating concern about oil supply disruptions.
By reversing and axing most climate policies of the Biden administration, U.S. President Donald Trump will not be able to reverse progress in the energy transition as there is still a “compelling case ...