Campaign Promise Broken: Biden Administration OKs Willow Project
The Biden administration has approved the huge Willow oil drilling project in Alaska, infuriating environmentalists and paving the way for
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Oil
US Regulator Directs TC Energy To Reduce Keystone Pipeline Operating Pressure After Kansas Oil Spill
The US Pipeline and Hazardous Materials Safety Administration (PHMSA) said on Tuesday that it would require TC Energy (TSX: TRP)
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Iraq Rocks Petrodollar Supremacy, Looks To Trade With China In Yuan
In an effort to improve access to foreign currency, Iraq’s central bank announced on Wednesday that it would allow commerce
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French Lender BNP Paribas Sued for Financing Fossil Fuel Projects
Three climate activist groups have filed a lawsuit against BNP Paribas (EPA: BNP), one of Europe’s largest banks, accusing the
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Biden To Sell Additional 26 Million Barrels From Reserve, Thanks To Obama
US President Joe Biden’s administration intends to sell more crude oil, with 26 million barrels set to be delivered to
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Investors Sue Shell Directors Over Climate Strategy Mismanagement
A group of shareholders has filed a suit against the board of directors of oil giant Shell (LON: SHEL) over
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More Market Turmoil: Moscow Vows to Slash Crude Output in Retaliation to Western Sanctions
Russia announced that it will voluntarily cut crude production by 500,000 barrels per day starting in March, as it stops
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White House Slams Exxon’s Record $55.7 Billion in Profits
ExxonMobil (NYSE: XOM), one of the world’s largest energy companies, made a staggering $55.7 billion in annual profits in 2022,
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Veto But No Plan: Biden Threatens To Quash Congress Bill Limiting His SPR Authority
After US President Joe Biden’s historic releases from the Strategic Petroleum Reserve (SPR) sent the reserve to its lowest level
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Newsom Continues to Blame Big Oil for High Gas Prices in California, Critics Disagree
California Governor Gavin Newsom on Thursday released a new video on his campaign to put a penalty on gas price
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