Stories tagged: oil
UPDATED: Tue., May 7, 2019, 3:07 p.m.
Iraq is planning a $53 billion megaproject with global energy giants ExxonMobil and PetroChina to use seawater from the Persian Gulf to boost oil production, Prime Minister Adel Abdul-Mahdi announced …
Fri., April 5, 2019, 5:19 a.m.
‘Clean cannabis,’ free of all pesticides or contaminants, has been something many health-conscious consumers have requested and many growers have strived for.
UPDATED: Tue., March 5, 2019, 3:25 p.m.
The fracking boom is gaining speed in the Permian Basin of west Texas and New Mexico, as Exxon Mobil and Chevron are primed to sharply boost oil production in the …
UPDATED: Sat., Jan. 19, 2019, 4:23 p.m.
Gerardo Perez returned Saturday to the scorched field in central Mexico where he’d seen an illegal pipeline tap burst into flames to see if he could recognize missing friends. He …
UPDATED: Fri., Dec. 7, 2018, 7:47 p.m.
Some of the largest energy companies in the U.S. have already invested billions of dollars on claims up and down the Texas-New Mexico state line, tapping one of the nation’s …
UPDATED: Fri., Dec. 7, 2018, 6:36 p.m.
The shift to net exports is the dramatic result of an unprecedented boom in American oil production, with thousands of wells pumping from the Permian region of Texas and New …
UPDATED: Fri., Nov. 9, 2018, 10:38 p.m.
Federal judge blocks Keystone Pipeline XL in major blow to Trump administration, citing disregard of climate issues
A federal judge’s ruling this week blocking the controversial Keystone XL pipeline constitutes a rebuke of President Donald Trump, who signed an executive order days into his presidency restarting the …
UPDATED: Sun., Oct. 28, 2018, 6:41 p.m.
Oil refiners invest millions to fight carbon-fee initiative – and would see big payoff if their campaign wins
Four oil companies that operate Washington refineries have invested more than $23 million to defeat Initiative 1631, the carbon fee on the fall ballot.
UPDATED: Wed., Sept. 12, 2018, 9:33 p.m.
The United States may have reclaimed the title of the world’s biggest oil producer sooner than expected.
UPDATED: Fri., July 13, 2018, 8:07 p.m.
The U.S. has nosed ahead of Saudi Arabia and is on pace to surpass Russia to become the world’s biggest oil producer for the first time in more than four …
UPDATED: Fri., June 22, 2018, 4:51 p.m.
The countries of the OPEC cartel agreed on Friday to pump 1 million barrels more crude oil per day, a move that should help contain the recent rise in global …
Thu., May 10, 2018, 6:01 p.m.
King County is suing five major oil companies after it says the companies deliberately looked to downplay and discredit scientific warnings about the risks of global warning.
Wed., April 11, 2018, 5:35 p.m.
For decades, environmental rules that protected whales and other marine life from this cacophony have limited the location and frequency of these blasts – preventing oil companies from exploring, and …
UPDATED: Wed., April 11, 2018, 2:38 p.m.
Companies including banks and technology and health care firms fell Wednesday after U.S. stocks had surged the day before. Oil prices hit a three-year high after President Donald trump tweeted …
UPDATED: Wed., April 4, 2018, 3:08 p.m.
The small island-nation of Bahrain on Wednesday announced the discovery of 80 billion barrels of shale oil, its largest oil and gas find ever.
Wed., March 14, 2018, 9:50 a.m.
Iran’s state-run oil company has signed a $740 million agreement with a Russian-Iranian consortium to develop two oil fields near the Iraqi border.
UPDATED: Mon., March 5, 2018, 2:15 p.m.
A global energy watchdog says booming production in the United States will meet 80 percent global growth in demand for oil over the next five years.
Tue., Feb. 13, 2018, 10:17 a.m.
The International Energy Agency, a policy adviser to countries, said in its monthly report that “in 2018, fast rising production in non-OPEC countries, led by the U.S., is likely to …
UPDATED: Fri., Jan. 19, 2018, 5:27 p.m.
U.S. oil production is booming and is forecast to top that of heavyweight Saudi Arabia and rival Russia this year, a global energy agency said Friday.
Wed., Jan. 10, 2018, 12:21 p.m.
A Wyoming company has purchased federal leases that would allow it to explore for oil and gas beneath the site of a Montana coal mine.
Fri., Dec. 29, 2017, 11:51 a.m.
China on Friday denied violating U.N.-imposed limits on oil supplies to North Korea after U.S. President Donald Trump criticized Beijing for allowing oil to reach the North.
UPDATED: Thu., Dec. 28, 2017, 8:06 p.m.
President Donald Trump criticized China on Thursday following reports that Chinese ships transferred oil to North Korean vessels at sea in violation of U.N. sanctions over the North’s nuclear weapons …
UPDATED: Tue., Dec. 12, 2017, 8:35 a.m.
U.S. stocks edged mostly higher in early trading Tuesday as investors sized up the latest company earnings and deal news. Gains by banks and health care companies outweighed losses among …
Thu., Nov. 30, 2017, 12:32 p.m.
The OPEC cartel and a group of allied oil-producing nations agreed Thursday to extend crude output cuts until the end of next year, continuing a policy that led to a …
Thu., Nov. 30, 2017, 11:50 a.m.
Venezuelan authorities on Thursday arrested two former top officials in a widening corruption probe into the state-run oil industry that some see as an attempt by President Nicolas Maduro to …
UPDATED: Fri., Nov. 24, 2017, 5:27 p.m.
A South African energy and chemical company says it’s dropping plans for a $14 billion U.S. plant to convert natural gas to liquid fuels because of low oil prices and …
UPDATED: Wed., Nov. 15, 2017, 4:52 p.m.
Oil and gas drilling in Alaska’s Arctic National Wildlife Refuge is moving ever closer after a nearly four-decade political standoff.
UPDATED: Fri., Nov. 10, 2017, 5:13 p.m.
Alaska Sen. Lisa Murkowski says her legislation to open Alaska’s Arctic National Wildlife Refuge to oil and gas drilling would generate $2 billion in royalties over the next decade – …
UPDATED: Tue., Nov. 7, 2017, 10:20 p.m.
Proposition 2 was failing with only 41 percent of votes cast in favor of the measure, which had been criticized as illegal and potentially embroiling the city in costly legal …
Tue., Nov. 7, 2017, 11:11 a.m.
OPEC says growth in global oil demand will steadily lessen from an annual average of 1.3 million barrels a day between 2016 and 2020, to 300,000 barrels a day by …