An oil refinery in Punto Fijo, Venezuela. In a meeting with the president, the Chevron chief executive pushed for an extension of the company’s license to operate in the country.
Native American tribes and environmental groups are expected to challenge the move to shrink the Bears Ears and Grand Staircase-Escalante National Monuments.
Native American tribes and environmental groups are expected to challenge the move to shrink the Bears Ears and Grand Staircase-Escalante National Monuments.
For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices.
The lawsuit aims to hold fossil fuel companies responsible for a heat wave in Portland five years ago. The industry says the case should be thrown out.
For a mega-refinery in Ulsan, South Korea, a top exporter of jet fuel to the West Coast of the United States and other places, weaning off Middle Eastern oil is no small feat.
One proposal would lower the cost of the bonds that fossil fuel companies must pay the Interior Department before they start drilling or mining on public lands.
Smaller U.S. oil producers are starting to drill more wells, but big companies like Exxon Mobil and Chevron have said they are not changing their plans as a result of the war with Iran.
The preliminary U.S.-Iran deal temporarily waives restrictions that have limited the country’s oil sales and how much money it has been able to make from those exports.
It’s the third such deal the Interior Department has struck to pay firms to abandon plans for offshore turbines, spending roughly $2.5 billion to get companies to abandon their wind projects.
It’s the third such deal the Interior Department has struck to pay firms to abandon plans for offshore turbines, spending roughly $2.5 billion to get companies to abandon their wind projects.
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