Oil
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US
Highest Heating Costs in Years Strain Many in New England
RUMFORD, Maine — As early March battered western Maine with a pair of back-to-back snowstorms, and the heating oil in…
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Business
Oil Prices Rise on Talk of Russian Output Cut
Russia’s deputy prime minister said the country would reduce its oil production by about 5 percent to counter Western sanctions.
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World
How Russia Is Surviving the Tightening Grip on Its Oil Revenue
Restrictions on Russia’s oil trade are raising the stakes in a protracted economic standoff that is reshaping the global energy…
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Business
Biden Clears the Way for Alaska Oil Project
The administration issued an analysis that indicates a scaled-back version of the Willow project can go forward. Opponents call the…
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Business
Oil Giants, After Surge in Profits, Are Wary About Spending
Economic and military uncertainty clouds the outlook for Exxon, Chevron and other energy companies, whose bonanza from high prices is…
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Business
Administration Expected to Endorse Limited Drilling in Alaska Project
An environmental review expected soon would effectively signal that the Willow project proceed, according to people familiar with the report.
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News
The Fierce Debate Over Managing Oil Prices
During President Barack Obama’s eight years in office, the Strategic Petroleum Reserve shrank by about nine million barrels. Under President…
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US
Oil Drilled in the Amazon Rainforest Ends Up in California
“One in every nine tanks of gas, diesel or jet fuel pumped in California comes from the Amazon,” one researcher…
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Business
Ecuador Tried to Curb Drilling and Protect the Amazon. The Opposite Happened.
YASUNÍ NATIONAL PARK, Ecuador — In a swath of lush Amazon rainforest here, near some of the last Indigenous people…
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World
Should an Oil Executive Oversee Climate Talks? The U.A.E. Thinks So.
Sultan Al Jaber, who heads the Abu Dhabi National Oil Company, was chosen by the United Arab Emirates to head…
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