A judicial panel ruled the energy giant had not properly consulted local communities, possibly setting a broader precedent for challenges to offshore drilling activities.
Tag: Oil (Petroleum) and Gasoline
California Approves a Wave of Aggressive New Climate Measures
After lobbying by the governor, lawmakers adopted $54 billion in climate spending and voted to keep open the state’s last nuclear plant.
Will a Renewed Iran Nuclear Deal Cut Energy Prices?
A successful deal to restrain Iran’s nuclear program would mean that Washington lifts tough sanctions on Iran’s oil and gas exports. But it may already be too late for that to help this winter.
Vancouver Moves to Sue Big Oil After Deadly Fires and Disastrous Floods
A potential lawsuit by Vancouver would be the first in Canada to target the fossil fuel industry’s role in climate change.
Here Are the Challenges Ahead for California’s Ban on Gas Cars
Enforcement could be complex and legal challenges are likely. But ultimately, experts say, success or failure will depend on steady supply and buyers’ appetite.
Fearing energy shortages, Germany prioritizes fuel shipments on railways.
Berlin issued a slew of national mandates to save energy and secure supplies to power plants as a feared winter energy shortage is worsened by Europe’s summer drought.
Fearing energy shortages, Germany prioritizes fuel shipments on railways.
Berlin issued a slew of national mandates to save energy and secure supplies to power plants as a feared winter energy shortage is worsened by Europe’s summer drought.
Hungary’s Viktor Orban Faces a New Foe: Economics
The Hungarian leader is being confronted with soaring inflation and a depreciating currency linked to unsustainable spending by his government.
Mexico Sees Its Energy Future in Fossil Fuels, Not Renewables
The president’s push to bring the energy sector under state control has put up roadblocks to renewable energy and left Mexico’s climate goals behind.
Oil Prices Fall After Signs of Chinese Economic Slowdown
A set of weak economic data and unexpected interest rate cuts in China led to a sharp sell-off, driven by concerns over sluggish demand in the world’s biggest oil importer.