Energy

This week’s OPEC+ meeting could see another friendly handshake between Saudi Arabian Crown Prince Mohammed bin Salman and Russian President Vladimir Putin, pictured here on Dec. 1. (Mikhail Klimentyev/AFP/Getty Images)

Are Putin and Mohammed bin Salman Getting Ready for Another High-Five?

This week’s OPEC meeting could cement closer cooperation between Russia and Saudi Arabia.

Mexican President-elect Andrés Manuel López Obrador at a press conference in Mexico City on Oct. 29. (Ulises Ruiz /AFP/Getty Images)

How Will AMLO Govern Mexico?

Mexico’s new president promises to fight corruption and inequality, but critics worry he’ll be the country’s Hugo Chávez.

The shale oil revolution has brought boom, and sometimes bust, to places like Midland, Texas, shown here on Feb. 5, 2015. (Spencer Platt/Getty Images)

Why American Oil Hasn’t Been a Total Game-Changer

The U.S. is now the world’s top producer, but Saudi Arabia still holds the key to crude prices.

U.S. Secretary of State Mike Pompeo on Friday announced limited waivers for Iranian oil sales, but stressed U.S. intentions of applying “maximum pressure,” Washington, May 21, 2018. (Win McNamee/Getty Images)

U.S. to Allow Some Iranian Oil Sales—For Now

With sanctions kicking in Monday, the administration still aims for zero oil exports from Iran but wants to avoid spiking price of crude.

Iran is trying to maintain oil exports in the face of U.S. sanctions. An oil tanker off the Iranian port of Bandar Abbas on July 2, 2012. (Atta Kenare/AFP/Getty Images)

Can the U.S. Make Oil Sanctions on Iran Work?

Given pushback from friends and foes, Trump’s goal of zero Iranian exports is still far off.

The construction site of a nuclear reactor in Sanmen, Zhejiang province, China, on June 4, 2009. Almost 10 years ago, China began building new nuclear reactors with U.S. technology, and the first finally came online this week. (Feng Li/Getty Images)

Trump’s Latest China Salvo Could Hurt U.S. Nuke Industry

Administration says Beijing is diverting U.S. nuclear technology for military use.

Russian President Vladimir Putin gestures as he talks with Igor Sechin, the CEO of oil giant Rosneft, following his meeting with Italy's Prime Minister in Sochi on May 17, 2017. (Yuri Kadobnov/AFP/Getty Images)

New Sanctions Won’t Hurt Russia

Washington thinks punitive measures will change Moscow’s calculus, but the Russian economy is doing just fine.

U.S. natural gas cargoes, such as this shipment from Louisiana on Nov. 6, 2017, have increasingly gone to China but could be at risk from the trade war. (VCG/VCG via Getty Images)

Trump’s Trade War With China Could Hit Energy Exports

China places tariffs on natural gas, a fast-growing U.S. export.

U.S. President Donald Trump speaks by phone with Mexican President Enrique Peña Nieto about a new bilateral trade agreement at the White House on Aug. 27. (Win McNamee/Getty Images)

Will Trump’s New Mexico Deal Save NAFTA—or Kill It?

The agreement that purports to replace NAFTA does not include Canada for now.

A satellite view of the Bab el-Mandeb Strait near Yemen on March 28, 2015. (USGS/NASA Landsat/Orbital Horizon/Gallo Images/Getty Images)

Iran’s Yemeni Proxies Put Oil Shipments in Crosshairs

A Houthi attack on two Saudi oil tankers near Yemen could be an Iranian bid to hammer a key energy choke point.

Russian President Vladimir Putin attends the 50th anniversary of a gas pipeline to Europe in Vienna on June 5. (Thomas Kronsteiner/Getty Images)

With Trump Going Soft on Nord Stream, Congress Moves to Kill the Pipeline

U.S. lawmakers, at least, worry that Europe’s reliance on Moscow for energy could give Russia key leverage.

Saudi energy minister Khalid al-Falih, the architect of OPEC’s production restraints that drove prices higher in recent years, in Baghdad on May 22, 2017.

Proposed Law Would Allow U.S. to Sue OPEC for Manipulating Oil Market

Trump appears to favor the idea, but oil producers are already pumping flat out.

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How Venezuela Struck It Poor

The tragic — and totally avoidable — self-destruction of one of the world’s richest oil economies.

Mexican President Elect Andres Manuel López Obrador speaks after his electoral victory, Mexico City, Mexico, Jul. 1, 2018. (Pedro Mera/Getty Images)

Mexico’s Populist New President Unlikely to Derail Energy Reform

López Obrador won’t reverse the country’s historic oil opening — but he won’t expand it, either.

An oil tanker prepares to dock at Khark Island in the Persian Gulf on March 12, 2017. (Atta Kenare/AFP/Getty Images)

Trump’s Push to Ban Iranian Oil Could Mean Pain at the Pump

Big buyers of Iranian oil such as China are seen as unlikely to cut purchases to zero, but sanctions will still send crude prices higher.

An Iraqi worker at an oil refinery in Nasiriyah, Oct. 30, 2015. (Haidar Mohammed Ali/AFP/Getty Images)

OPEC Agrees to Boost Oil Output

The oil cartel vowed to add 1 million barrels a day to markets. It won’t add quite that much.

An Iranian woman walks past a mural on the wall of the former U.S. Embassy in Tehran on May 8. (Atta Kenare/AFP/Getty Images)

Fresh U.S. Sanctions Not Likely to Strangle Iran’s Oil Market

Trump walks away from the nuclear deal, but big Asian buyers are likely to keep snapping up Iranian crude.

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