Energy

A dhow sails past a crude oil tanker near the Emirati capital Abu Dhabi, on Oct. 22, 2019.

UAE Deal Boosts Israeli Oil Pipeline Secretly Built With Iran

The Jewish state is about to play a much bigger role in the region’s energy trade and petroleum politics.

The Akademik Cherskiy pipe-laying vessel is seen in the Gulf of Gdansk in the Baltic Sea on May 4. According to Russia's energy minister, the ship could be involved in the construction of the Nord Stream 2 pipeline.

The U.S. Is Close to Killing Russia’s Nord Stream 2 Pipeline

But it’s a race between slow construction and slower sanctions.

Wind turbines tower over a building on a farm in Colorado City, Texas, on Jan. 21, 2016.

Deep in the Heart of Texas, a Chinese Wind Farm Raises Eyebrows

Members of Congress fear Beijing could use the facility for espionage and economic warfare. But the Trump administration is set to let it move forward.

U.S. President Donald Trump and Chinese Vice Premier Liu He at the signing ceremony for the U.S.-Chinese trade agreement at the White House in Washington on Jan. 15.

Trump’s China Trade Deal Is as Dead as Can Be

His much-touted trade victory has crashed and burned with the coronavirus pandemic.

An aerial view shows an oil pumpjack at the Huntington Beach oil fields in California on April 20.

Oil Price Nosedive Continues as Trump’s Deal Fails to Deliver

The impact of the coronavirus sends markets into an unprecedented slump, with no end in sight.

An oil well in the northeastern Syrian town of Malikiyah

OPEC and Russia Parry Mexico to Ink Historic Deal to Slash Oil Output

But even the unprecedented agreement ultimately reached Sunday shows there is no easy way to halt the rapid collapse in global oil demand due to the coronavirus pandemic.

U.S. President Donald Trump

Trump’s Promised Oil Deal Still Eludes Big Producers as Prices Dive Again

But Saudi Arabia and Russia appear to be thinking twice about their oil war as their economies start to feel the pain.

U.S. President Donald Trump speaks to the press in Washington on April 1. Trump goosed oil prices in hopes of a grand bargain with Russia and Saudi Arabia, but the economy continues a historic contraction even as the administration warns of more than 100,000 deaths.

Trump Talks Up Oil Markets, but the Economy Is Still Tanking

Despite a brief recovery in oil, experts say there is still no deal to cut production and boost prices.

Pump jacks draw crude oil in California

Is the U.S. Also to Blame in the Oil Price War?

Congress is accusing Saudi Arabia and Russia of waging “economic warfare” on the United States. But companies in the United States, the biggest oil producer in the world, aren’t slowing down yet.

Saudi Crown Prince Mohammed bin Salman, left, and Russian President Vladimir Putin

No End in Sight to the Oil Price War Between Russia and Saudi Arabia

Riyadh and Moscow are both betting they can win a global game of chicken over production.

Traders like Peter Tuchman were hit with a global markets rout on Monday, fueled by crashing oil prices and mounting worries over the impact of the coronavirus, Mar. 9, 2020.

An Economic Pandemic

With markets plunging worldwide, Trump does an about-face and promises "major" efforts to contain the coronavirus and ease economic pain.

Russian President Vladimir Putin and Igor Sechin of Rosneft

Russia’s Defiance Sets the Stage for Oil Price ‘Bloodbath’

Moscow rejects OPEC’s effort to avert a coronavirus-driven price collapse, shutting down an agreement to cut crude output.

Hammered by the coronavirus, OPEC opted to cut oil production and shore up prices, figuring that the threat from America’s decade-old oil boom is winding down, Oct. 21, 2019.

OPEC Tries to Forestall a Coronavirus Oil Collapse

Questions remain whether other oil exporters will join the pact to slash output—and if that will be enough to push up crude prices.

Leading Democrats including Sens. Elizabeth Warren and Bernie Sanders and former Vice President Joe Biden, seen here at a debate on Feb. 25, are all proposing energy policies that could curtail the American energy boom.

Democrats Threaten Energy Rollback

Markets might get jittery as bids by Biden, Sanders, and Warren to restrict fossil fuels move a bit closer to reality.

A view of Dongsi Shitiao crossroad in Beijing on Feb. 10. Many Chinese cities are nearly empty of cars and traffic in the wake of the virus outbreak.

Coronavirus Threatens to Blow Up Trump’s Energy Trade Deal With China

The goals were never realistic, but now Beijing has good reason to back away from its purchase commitments to Washington.

A general view of the Blue Nile as it passes through the Grand Ethiopian Renaissance Dam, which has been a flash point for tensions between Egypt and Ethiopia, on Dec. 26, 2019.

Egypt and Ethiopia Said to Be Close to Accord on Renaissance Dam

But talks in Washington haven’t yet solved the trickiest questions still looming over the dam’s impact on countries downstream.

A view of the platform of the Leviathan natural gas field in the Mediterranean Sea from the Israeli northern coastal city of Caesarea on Dec. 19, 2019.

The World’s Next Energy Bonanza

Even more than fracking, tapping oceanic methane hydrates could soon upend the global energy landscape.

Iranian mourners carry a picture of Supreme Leader Ayatollah Ali Khamenei decorating now-slain Gen. Qassem Suleimani during his funeral procession in Tehran on Jan. 6.

Get Ready for More Mischief From Iran

An energy expert warns that Tehran will find new ways and locations to strike asymmetrically, maybe even in the Red Sea and the Bab el-Mandeb strait.

Iranians burn a U.S. flag during a demonstration in Tehran following the killing of Islamic Revolutionary Guard Corps Maj. Gen. Qassem Suleimani

Suleimani Killing Sparks Fear of War and Economic Turmoil

Oil markets expect escalation in wake of U.S. strike on Iranian general.

Libyan Foreign Minister Mohamed Taher Siala, left, and his Turkish counterpart, Mevlut Cavusoglu

Newly Aggressive Turkey Forges Alliance With Libya

Erdogan’s latest bid to reshape the Mediterranean provides military support to Tripoli against Russian-backed rebels.