Chips Are the New Oil and America Is Spending Billions to Safeguard Its Supply

[ad_1] Only in the past two years has the U.S. fully grasped that semiconductors are now as central to modern economies as oil. In the digitizing world, power tools commonly…

U.A.E. Names Oil Chief to Run COP28 Climate Summit

[ad_1] Sultan al-Jaber is tasked with framing the agenda of this year’s U.N. climate conference, drawing criticism from environmental activists. [ad_2] Source link

WSJ News Exclusive | ConocoPhillips in Talks to Sell Venezuelan Oil in U.S. to Recover Billions It Is Owed

[ad_1] ConocoPhillips, which abandoned Venezuela after its assets were nationalized in 2007, is now open to a deal to sell the country’s oil in the U.S. as a way to…

Trafigura Sells Stake in Russia-Backed Oil Refinery in India

[ad_1] Markets Commodities Oil Markets Nayara Energy deal unwinds once-deep relationship between Trafigura and Russian state oil giant Rosneft [ad_2] Source link

U.S., Allies Prepare Fresh Sanctions on Russian Oil Industry

[ad_1] Treasury officials are in Europe this week discussing price caps that go into effect next month. [ad_2] Source link

Oil and Gas Are Back and Booming

[ad_1] The Haynesville basin in Louisiana and Texas is humming with drillers. Among them is Chesapeake, a fracking pioneer that was in bankruptcy just two years ago. [ad_2] Source link