Exxon Mobil Corp. said Thursday that the acquisiton gives it the largest owned and operated carbon dioxide pipeline network in the U.S.
oil
Posted inOp-Eds, Opinion
Commentary: Banks must be forced to keep their word on climate change
We have to sustain pressure on the major banks that continue to finance fossil fuel production – and maintain Maine’s focus on the climate crisis.
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Posted inBusiness, Nation & World, News, Politics
Biden administration recommends oil drilling in Alaska
The decision on the Willow project – which some environmentalists have dubbed a ‘carbon bomb’ – is politically perilous for President Biden, who campaigned on pledges to end new drilling on public lands.
Posted inBusiness, Nation & World
Company starting to recover oil from Kansas pipeline spill
It was the largest spill on the Keystone system since it began operating in 2010 and bigger than 22 previous spills on the system combined.
Posted inBusiness, Nation & World
Oil spill in rural Kansas creek shuts down Keystone pipeline
Oil prices briefly surged midday Thursday amid news of the spill.
Posted inBusiness, Nation & World, News, Politics
Biden paints oil firms as war profiteers, talks windfall tax
High prices at the pump have exacerbated inflation and have taken a toll on Biden and Democrats’ standing among voters.
Posted inBusiness, Nation & World, News
Oil giants rake in steep profits amid high energy prices
Gasoline eased somewhat towards the end of the quarter, but customers were still paying more than $3.79 a gallon of regular, on average, in late September.
Posted inNation & World, News
Biden to release 15 million barrels from oil reserve, more possible
President Biden will also open the door to additional oil reserve releases this winter in an effort to bring prices down.
Posted inBusiness, Nation & World, News
Biden vows ‘consequences’ for Saudis after OPEC+ cuts output
It remains to be seen how far President Biden is willing to go in showing his displeasure with Saudi Arabia, a vital but complicated ally in the Middle East.
Posted inBusiness, Nation & World, News
OPEC+ makes big cut to oil production to increase prices
The Saudi oil minister rejects the implication that OPEC was assisting Russia, saying the discussion was in a nonpolitical ‘silo’ where the focus was prudent management of oil markets.