Oil

Southern Transitional Council Seizes Yemen’s Oil South

The civil war in Yemen is on the verge of reigniting after the Southern Transitional Council (STC), a powerful secessionist faction, seized control of two major provinces in the country’s south.

Biden’s ANWR Oil Ban Crushed, Native Leaders Fire Back

Native Iñupiat leaders in Alaska are applauding Congress for overturning a Biden-era policy that restricted oil and gas development on over one million acres of the Arctic National Wildlife Refuge (ANWR).

GCC Warns EU, Energy Giants May Walk Away Over New Rules

The Gulf Cooperation Council (GCC) — which represents oil‑ and natural gas‑producing nations including the United Arab Emirates, Saudi Arabia, Qatar, Oman, Kuwait, and Bahrain.

Lukoil Asset Sale Shocker, Sanctions Hit Hard

On October 22, 2025, President Trump announced a new round of sanctions targeting Russia’s two largest oil companies, Lukoil and Rosneft.

Exxon Fights California’s Climate Speech Mandate

ExxonMobil filed a lawsuit against California, alleging that the state's climate laws violate free speech.

Houthis Strike Dutch Cargo Ship in Gulf of Aden, Escalate Threats Against U.S. Oil Firms

Yemen’s Iran-backed Houthi rebels claimed responsibility Wednesday for a cruise missile attack that left a Dutch-flagged cargo ship ablaze and adrift in the Gulf of Aden. The strike, which seriously damaged the Minervagracht and injured two crew members, marked the most significant escalation in months by the group outside the Red Sea corridor.

Houthis Threaten U.S. Oil Giants with Deadly Attacks

The Iran-backed Houthi insurgents in Yemen have announced so-called “sanctions” against 13 major American oil companies, including ExxonMobil, Chevron, ConocoPhillips, and Marathon Petroleum. The announcement was made Tuesday through the group’s “Humanitarian Operations Coordination Center,” a front used by the militants to issue threats under the guise of diplomatic language.

Trump Pressures Erdogan to Stop Buying Russian Oil, Calls for United Front Against Moscow’s Energy Trade

President Donald Trump used his Thursday White House meeting with Turkish President Recep Tayyip Erdogan to push Turkey to halt purchases of Russian oil, warning that continued energy imports undermine global efforts to end the war in Ukraine.

California Scrambles to Keep Oil and Gas Companies From Leaving

California passes law allowing 2,000 new oil wells per year in Kern County to stop the oil and gas exodus.

Newsom Opens More Oil After Companies Flee State

California Governor Gavin Newsom signed legislation that claims to lower electricity costs for the state and stabilize its gasoline supply.

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