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 […]
MINNEAPOLIS — The U.S. Army Corps of Engineers on Monday approved the final federal permit for Enbridge Energy’s planned Line 3 crude oil pipeline replacement across northern Minnesota, bringing the project a step closer to […]
Democrat Joe Biden’s remark that he would “transition” away from oil in the U.S. in favor of renewable energy drew quick attention Thursday night from President Donald Trump, who saw it as a boon to […]
NEW YORK — ConocoPhillips is buying shale producer Concho Resources in an all-stock deal valued at $9.7 billion, making it a major presence in the Permian Basin, the top-producing oil field in the U.S. The […]
CARACAS, Venezuela — The second of three ships loaded with gasoline from Iran approached fuel-starved Venezuela on Wednesday amid simmering social unrest over a lack of goods and services that’s sparked protests across the South […]
ALBUQUERQUE, N.M. — New Mexico is on track to have another banner year as a result of oil and gas drilling and other activities on state trust lands, officials with the State Land Office said […]
MIAMI — The Trump administration has seized the cargo of four tankers it was targeting for transporting Iranian fuel to Venezuela, U.S. officials said Thursday, as it steps up its campaign of maximum pressure against […]
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