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 […]
BILLINGS, Mont. — The Keystone XL is dead after a 12-year attempt to build the oil pipeline, yet the fight over Canadian crude rages on as emboldened environmentalists target other projects and pressure President Joe […]
MIAMI — The Cyprus-flagged oil tanker Berlina was drifting near the Caribbean island of Dominica earlier this year when tracking technology showed it stopping in its tracks and in two minutes turning around 180 degrees. […]
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 […]
DUBAI, United Arab Emirates — Saudi Arabia’s state-backed oil giant Aramco announced Sunday that its profits nearly halved in 2020 to $49 billion, a big drop that came as the coronavirus pandemic roiled global energy […]
THE HAGUE — The United Nations’ highest court ruled Friday that it will intervene to settle a decades-old border dispute between South American neighbors Guyana and Venezuela. The decision by the International Court of Justice […]
JUNEAU, Alaska — The U.S. Bureau of Land Management plans to hold an oil and gas lease sale for Alaska’s Arctic National Wildlife Refuge next month. Left-leaning groups criticized Thursday’s announcement as rushed and based […]
NEW YORK — Leaders of the OPEC cartel are meeting virtually to decide how much oil their members should produce as lockdowns related to the coronavirus continue to stifle demand for crude. They’re expected to […]
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