Trump admin sanctions ‘front company’ selling oil to China to allegedly fund Iranian military and terrorist groups
The Trump administration on Thursday sanctioned individuals affiliated with an international network accused of selling millions of barrels of Iranian oil to China in an effort to fund Iran’s armed forces and terrorist proxies.
US Sanctions Network That Helps Ship Iranian Oil to China
The U.S. on Thursday imposed sanctions on a network of more than a dozen people and firms that are accused of facilitating the shipment of millions of barrels of Iranian oil to China
US imposes sanctions on individuals, tankers shipping Iranian oil to China
The U.S. Treasury said on Thursday it is imposing new sanctions on individuals and tankers helping to ship millions of barrels of Iranian crude oil per year to China. The move comes after U.S. President Donald Trump earlier this week vowed to bring Iran's oil exports to zero as the U.
US imposes sanctions on IRGC network over Iranian oil smuggling to China
The US Treasury Department has imposed sanctions against the IRGC's international network for smuggling Iranian oil to China. This applies to companies in China, India, and the UAE, according to the US Treasury Department.
US sanctions network delivering Iranian oil to China
The United States has slammed financial sanctions on international network accused of delivering Iranian oil to China. The Treasury Department made this known in a statement on Thursday. DAILY POST gathered that the sanction is the first under the new administration of President Donald Trump.
Colombia's president orders national oil company to sell US fracking operation after backing down to Trump
Colombian President Gustavo Petro killed a deal between his state-run oil company and a U.S. counterpart, weeks after backing ...
NJ lawsuit claiming oil companies cause climate change dealt massive blow in court
A New Jersey Judge tossed out a Democrat lawsuit attempting to pin blame on oil companies for damages to the state allegedly ...
Colombia’s president orders national oil company to cancel US venture over environmental concerns
Colombian president Gustavo Petro has ordered the state-run oil company Ecopetrol to cancel a joint venture with U.S.
Serbian oil company NIS asks U.S. Treasury for a 90-day waiver of sanctions
Serbian oil company NIS, which is majority-owned by Russia's Gazprom Neft and Gazprom , has submitted a formal request to the ...
Trump’s "Drill, Baby, Drill" Pledge Will Not Save Oil
There is no doubt there will be an impact of the second Trump presidency on the energy transition, but it is unlikely to have ...
Trump Tariffs Could Hurt Oil Companies and Increase Gas Prices
Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on ...
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New Jersey judge scraps climate lawsuit against oil companies
The decision is the fourth in a string of losses for state and local governments that have accused the oil and gas industry ...
US imports of Canadian and Mexican crude oil by company
Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...
Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’
Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase ...
California Politicians Now Want Oil Companies, Not Insurers, To Subsidize People Living in Wildfire Zones
For decades, California's byzantine insurance regulations effectively forced insurers to subsidize people living in ...
Tariffs Won’t Sink Canadian Oil Companies
The U.S. has become reliant on their crude, and Canada has ways to limit any financial hit.
Senate confirms oil company CEO Chris Wright as Energy secretary
The Senate confirms fossil fuel executive Chris Wright, one of the industry's loudest voices against efforts to fight climate ...