North America

Trump lifts restrictions on offshore drilling

President Donald Trump signed an executive order to lift restrictions placed on offshore oil drilling by the previous administration, opening vast areas to exploitation.

North America

Trump-Putin breach: real or charade?

Is Trump's breach with Putin real, or is all the sudden sabre-rattling part of an elaborate charade to throw Congress off the scent of ongoing Trump-Putin collusion?

The Andes

Venezuelan oil goad in US-Russia game

Amid growing crisis in Venezuela, it emerges that the country's state oil company, heavily indebted to Russian giant Rosneft, made a big donation to Trump's inauguration festivities.

North America

Trump admin approves Keystone XL pipeline

An Under Secretary of State issued a permit for the Keystone Pipeline, after State Department chief and ex-Exxon CEO Rex Tillerson recused himself from the decision.

Mexico

‘Gasolinazo’ protests rock Mexico

Several states across Mexico have been shaken by days of angry protests in response to a jump in the price of gasoline sparked by a new deregulation policy.

Greater Middle East

Emir of Kuwait dissolves parliament

The Emir of Kuwait issued a decree to dissolve the country's parliament after weeks of deadlock over austerity measures imposed due to depressed global oil prices.

Planet Watch

A ‘New Oil Order’?

Experts declare a "new oil order" in which hydrocarbons will lose market share to renewables. But is it market conditions or geopolitics that explain the current price slump?