Saudi foreign minister: 'All bets off' if Iran gets nuclear weapon
Saudi Arabia's foreign minister said on Sunday that Iran's Gulf Arab neighbors would act to shore up...
Saudi Arabia's foreign minister said on Sunday that Iran's Gulf Arab neighbors would act to shore up their security if Tehran were to obtain nuclear weapons.
"If Iran gets an operational nuclear weapon, all bets are off," Prince Faisal bin Farhan Al Saud said in an on-stage interview at the World Policy Conference in Abu Dhabi when asked about such a scenario.
"We are in a very dangerous space in the region...you can expect that regional states will certainly look towards how they can ensure their own security."
Emergency workers in Kansas are working through the weekend to clean up the largest U.S. crude oil spill...
Emergency workers in Kansas are working through the weekend to clean up the largest U.S. crude oil spill in nearly a decade – which shut a Keystone pipeline on Wednesday.
More than 14,000 barrels of crude oil had spilled into Mill Creek, in Washington County. Investigators are finding out what caused the leak.
US Oil, Gas Rig Count Falls for First Time in Six Weeks
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in...
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in six weeks as oil prices fell to their lowest this year.
The Total U.S. oil and gas rig count, an early indicator of future output, fell by four to 780 in the week of Dec. 9, according to energy services firm Baker Hughes Co.
U.S. oil rigs fell two to 625 this week, while gas rigsdeclined by two to 153, their lowest since July.
ExxonMobil and Chevron say they plan to increase spending on energy projects in 2023, with Exxon planning...
ExxonMobil and Chevron say they plan to increase spending on energy projects in 2023, with Exxon planning to increase spending from $22 billion this year to $23 billion to $25 billion next year. Chevron plans to increase spending from $15 billion to $17 billion.
Several things at the federal level could negatively impact the oil and gas industry, including the Inflation...
Several things at the federal level could negatively impact the oil and gas industry, including the Inflation Reduction Act and the possibility of a limit on energy exports, said Frank Macchiarola, senior vice president, policy, economics and regulatory affairs at the American Petroleum Institute. "We have abundant supplies of oil and natural gas and it's up to the government to develop support programs and then get out of the way of the industry and let it provide affordable energy and help it create jobs," Macchiarola said.
