oil

Top Trump officials visit prolific Alaska oil field amid push to expand drilling

June 8, 2025 Becky Bohrer and Mark Thiessen

DEADHORSE, Alaska — President Donald Trump wants to double the amount of oil coursing through Alaska’s vast pipeline system and build a massive natural gas project as its “big, beautiful twin,” a top administration official […]

Shell CEO calls it ‘irresponsible’ to cut oil production now

July 13, 2023 The Associated Press

LONDON — The head of global energy giant Shell says it would be “irresponsible” to cut oil and gas production at a time when the world economy is still dependent on fossil fuels. In an […]

Article

Russian oil price cap, EU ban aim to limit Kremlin war chest

December 8, 2022 David McHugh, Associated Press

FRANKFURT, Germany — Major Western measures to limit Russia’s oil profits over the war in Ukraine took effect Monday, bringing with them uncertainty about how much crude could be lost to the world and whether […]

Article

Biden paints oil firms as war profiteers, talks windfall tax

November 2, 2022 The Associated Press

WASHINGTON, D.C. — President Joe Biden on Monday accused oil companies of “war profiteering” as he raised the possibility of imposing a windfall tax on energy companies if they don’t boost domestic production. Biden in […]

Yellen warns of failure to agree on Russia oil price cap

September 6, 2022 The Associated Press

WASHINGTON, D.C. — Treasury Secretary Janet Yellen on Wednesday warned that a failure to place a price cap on Russian oil would hurt the global economy. “Without a price cap, we face the threat of […]

Warren Buffett’s company has bet $47B on the oil sector

August 9, 2022 Josh Funk, Associated Press

OMAHA, Neb. — Warren Buffett’s company has bought up more than $11 billion worth of Occidental Petroleum stock this year, giving Berkshire Hathaway control of more than 20% of the oil producer. Occidental’s stock rose […]

Biden urges Modi not to step up Indian use of Russian oil

April 13, 2022 Josh Boak, Fatima Hussein and Ashok Sharma, Associated Press

WASHINGTON, D.C. — President Joe Biden asked India’s Narendra Modi on Monday not to accelerate the buying of Russian oil as the U.S. and other nations try to cut off Moscow’s energy income following the […]

Workers go on strike at California refinery owned by Chevron

March 21, 2022 The Associated Press

RICHMOND, California — More than 500 workers at a Chevron Corp. refinery in the San Francisco Bay Area went on strike early Monday over safety concerns and to demand a salary increase to keep up […]

Article

Why are oil prices high, and any relief in sight?

January 29, 2022 Cathy Bussewitz, Associated Press

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 […]

Exxon Mobil rolls out plan to cut emissions in Permian Basin

December 7, 2021 Cathy Bussewitz and Susan Montoya Bryan, Associated Press

ALBUQUERQUE, N.M. — Exxon Mobil says it has a plan for cutting greenhouse gas emissions from its operations in one of the most prolific oilfields in the United States, saying it hopes to achieve its […]

Top Trump officials visit prolific Alaska oil field amid push to expand drilling

Shell CEO calls it ‘irresponsible’ to cut oil production now

Russian oil price cap, EU ban aim to limit Kremlin war chest

Biden paints oil firms as war profiteers, talks windfall tax

Yellen warns of failure to agree on Russia oil price cap

Warren Buffett’s company has bet $47B on the oil sector

Biden urges Modi not to step up Indian use of Russian oil

Workers go on strike at California refinery owned by Chevron

Why are oil prices high, and any relief in sight?

Exxon Mobil rolls out plan to cut emissions in Permian Basin

The next phase will be measured in productivity, competition and global power
OpenAI, Anthropic leaders say AI will shift from hype to balance sheet at UNC conference

The next phase will be measured in productivity, competition and global power