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  • Stanley Reed

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The European Union Seeks Independence From Russian Oil and Gas

Europe has long relied on Russia for a large portion of its oil and gas, trusting in what many thought was a mutually beneficial business...

The Future Turns Dark for Russia’s Oil Industry

An exodus by Western companies and disdain for Russian oil signal the start of a reckoning.

As Oil Soars, OPEC and Its Allies Are Not Likely to Offer Relief

The oil cartel, known as OPEC Plus, said it would continue the program agreed to in July by rubber-stamping a 400,000-barrel-a-day production increase for April.

As Oil Soars, OPEC and Its Allies Are Not Likely to Offer Relief

The oil cartel, known as OPEC Plus, is expected to continue the program agreed to in July by rubber-stamping a 400,000-barrel-a-day production increase for April.

TotalEnergies of France Will Limit Its Oil Investment in Russia

The company’s decision to stop providing capital for new projects in Russia falls short of the exits announced by BP, Shell and Equinor.

TotalEnergies of France Will Limit Its Oil Investment in Russia

The company’s decision to stop providing capital for new projects in Russia falls short of the exits announced by BP, Shell and Equinor.

Soaring oil prices prompt officials to meet to consider ‘stabilizing energy markets.’

Analysts say that the International Energy Agency, which is organizing the meeting, could be preparing a global release of oil reserves designed to cool down...

Shell Quits Russia, Joining BP as Oil Giants Object to Attack on Ukraine

Shell said it would exit its investments in Russia, a day after BP said it would do the same. Now companies like TotalEnergies and Exxon...

BP to 'Exit' Its Stake in Russian Oil Company Rosneft

Russian holdings may become toxic for the Western oil industry.