Chevron is buying Hess Corp. for $53 billion, and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge. Crude prices rose sharply […]
NEW YORK — Anyone who’s bought food, paid rent or looked for a used car recently has come up against the billowing inflation that has engulfed the U.S. economy. And, with surging oil prices keeping […]
NEW ORLEANS — The Biden administration’s suspension of new oil and gas leases on federal land and water was blocked Tuesday by a federal judge in Louisiana who ordered that plans continue for lease sales […]
FRANKFURT, Germany — The OPEC oil cartel and allied producing countries have confirmed plans to restore 2.1 million barrels of crude per day of oil output, balancing fears that continuing COVID-19 outbreaks in some countries […]
One of my early memories, and not a happy one, is sitting in gas lines in the 1970s. My parents would rustle me out of bed early on frigid February mornings, and we’d pack into […]
NEW YORK — The operator of the nation’s largest fuel pipeline confirmed it paid $4.4 million to a gang of hackers who broke into its computer systems. Colonial Pipeline said Wednesday that after it learned […]
RALEIGH — The operator of the nation’s largest gasoline pipeline — hit on May 7th by a ransomware attack — announced Saturday that it has resumed “normal operations,” delivering fuel to its markets, including a […]
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