Oil and gas
U.S. Gas Prices Again Approach Record High, Near $6 a Gallon in California
In California, the cost per gallon hit $5.829 on May 9.
Russia Energy Levy to Fund Ukraine Faces Hesitance in EU
Baltic officials told Newsweek that the new measure is under discussion but nations including Germany and the Netherlands are resistant.
After Russia's Lengthy Warning Letter, Poland Looks to Expand Punishments
Poland, one of Russia's toughest European critics, has called for the EU to issue an oil and gas embargo.
Russia Suffers Blow as Germany Strikes Natural Gas Deal With Qatar
Germany aims to reduce its dependence on Russia for energy following the invasion of Ukraine.
Rising Gas Prices Putting Dent in Spring Break Plans Across U.S.
Prices have been increasing for more than a year, but the recent spike comes as various countries weigh sanctions on Russian oil over the invasion of Ukraine.
End All Russian Oil and Gas Imports, Including into Europe
The U.S. ban on Russian oil and gas imports will not be truly effective unless Europe participates.
Ukraine Gas Chief Accuses Russia Troops of Shielding Behind Network
Yuriy Vitrenko, CEO of Naftogaz, said energy infrastructure damage is "on the minor scale" though warned that could change.
Record High Oil Production Generates $1.6B Projected Surplus for New Mexico
The state passed North Dakota as the second largest oil producer in the country this year, largely fueling the state's projected $1.6 billion surplus.
Ron DeSantis Calls for Gas Tax Relief as GOP Hammers Biden on Inflation
"Gas prices have been rising due to inflationary pressures from bad federal policies," the Republican governor said Monday.
Biden Administration to Sell Oil, Gas Leases Despite Climate Change Report
Despite a damaging report on fossil fuels released last week, the Biden administration plans to sell oil and gas leases despite a campaign pledge.
Mud Volcanoes Explained As Huge Explosion Rocks Oil-Rich Caspian Sea
Azerbaijan state oil company SOCAR claimed none of its facilities were damaged in the fire, but the effect on local wildlife remains unclear.
Biden Cancels Economic Opportunity in Alaska
President Joe Biden recently revoked congressional approval of oil and gas development in a small corner of Alaska's North Slope known as the Arctic National Wildlife Refuge.
Governor Newsom, Despite Pledge, Signed 1,709 Oil, Gas Production Permits
President Joe Biden signed an executive order halting oil and gas drilling. California environmentalists are pushing their governor to get on board.
Countless Deaths Tied to Trump Admin Environmental Rollbacks Amid Pandemic
Public health and environmental experts say "there's nobody watching" U.S. oil and gas companies along with other leading pollutant operations after the industry complained about being unable to do business during the lockdown.
Trump's 'Reckless' Alaska Drilling Plan Could Kill Polar Bears
The administration announced a leasing program on Monday that will open up more than 1.5 million acres of the Arctic National Wildlife Refuge to oil and gas exploration.
Trump Tells Saudis 'Enough Is Enough' As Price War Wrecks U.S. Producers
The Art of the Oil Deal? The president came to believe that the Saudis' oil-price war was targeting the U.S., not just Russia.
Greta Thunberg Mural Defaced with 'This is Oil Country' Graffiti
The message was scrawled on the mural in Edmonton, Alberta, as the 16 year old passed through the city for a climate change rally.
Iran May Give China World's Largest Gas Field
Iran has given French company Total two months to obtain exemptions from U.S. sanctions, or else China gets its share of the South Pars gas field.
U.S. Trying to Kill Russia-Germany Gas Pipeline
Russia said the situation was "rather challenging" after the U.S. warned it was "exerting as much persuasive power" as possible to stop Nord Stream 2.
What Does Iran Deal Mean for Oil and Gas Prices?
Oil and gas prices are likely to surge if President Donald Trump takes the U.S. out of a 2015 nuclear agreement with Iran.
Lebanon Says Ready for War if Israel Attacks
Disputes between Lebanon and Israel over Hezbollah, a new border wall and oil and gas fields threaten war between the longtime foes.
Kansas Earthquakes Surge From Oil and Gas Production
Nearly 7,000 earthquakes occurred between 2014 and 2016.
Israel, Lebanon Threaten Next Middle Eastern Oil War
Israel's defense minister warned drilling would be "a grave mistake," but Hezbollah vowed to "firmly confront any aggression on our oil and gas rights."
Five People Are Missing After an Oklahoma Rig Exploded
The gas rig was much larger than an oil rig.
GOP Wants to Recall a Big Oil Transparency Provision
As former Exxon Mobil CEO Rex Tillerson takes over the State Department, anti-corruption rules may be overturned before they go into effect.
Obama Bans New Oil and Gas Drilling Off Alaska
The ban affects federal waters off Alaska in the Chukchi Sea and most of the Beaufort Sea and in the Atlantic from New England to Chesapeake Bay.
Trump Wins and Throws Global Oil Markets Into Turmoil
Business leaders in Tokyo deemed the situation 'very worrying.'
How Will Turkey's Crisis Affect Oil and Gas Supplies?
Further unrest in Turkey could destabilize its pivotal position as a transit state for oil and gas.
Think Plummeting Oil Prices a Good Thing? Think Again
At $30 a barrel, shale oil is no longer profitable, causing cutbacks in the U.S. oil and gas industry.
After Keystone Rejection, Climate Politics Are Just Heating Up
With a global climate change summit looming, so are fights over Obama proposals.