ABUJA, Nigeria — A China-backed pipeline that would make Niger an oil-exporting country is being threatened by an internal security crisis and a diplomatic dispute… ( Read More )
Saudi-led oil producers face decision on whether to extend production cuts as oil prices lag
FRANKFURT, Germany — Saudi Arabia and allied oil producing countries face a decision Sunday on whether to extend production cuts set to expire next month… ( Read More )
U.S. to remove sanctions relief on Venezuelan oil industry
The White House will restart sanctions on Venezuela‘s oil and gas industry that were put on hold six months ago to encourage President Nicolas Maduro… ( Read More )
Republican state AGs urge Supreme Court to address climate lawsuits against oil companies
A group of Republican state attorneys general this week urged the Supreme Court to get involved in litigation filed by local and state governments against… ( Read More )
Inside the secret struggle to find ‘official rationale’ for Joe Biden’s oil, gas leasing halt
Senior lawyers at the Interior Department were caught off guard by President Biden’s abrupt halt of new oil and natural gas lease sales shortly after… ( Read More )
Venezuela military defends buildup, accuses neighbor Guyana of granting illegal oil contracts
CARACAS, Venezuela — The government of Venezuela accused neighboring Guayana Sunday of granting illegal oil exploration concessions in territory the two nations are disputing. Venezuela… ( Read More )
Big Oil, automakers pump brakes on Trump pitch to gut Biden’s Inflation Reduction Act
Plans by former President Donald Trump to gut President Biden’s climate-and-spending law if he returns to the White House have made strange bedfellows of big… ( Read More )
Democrats urge appeals court to overrule Joe Biden’s approval of Alaskan oil project
Congressional Democrats are urging an appeals court to side with conservation groups in their lawsuit to overturn the Biden administration’s approval of the massive Willow… ( Read More )
Iran-backed Houthi rebels target shipping, oil as impact of Israel-Hamas war hits world economy
They have gone from a little-known rebel outfit in one of the world’s poorest countries to a household name that can directly impact global commerce,… ( Read More )
Big oil companies fret about biased jury in coastal land-loss lawsuit in Louisiana
Big oil companies say they’ll face a biased jury when a trial kicks off this month over the alleged loss of coastal land in a… ( Read More )