Treasury officials want to impose penalties on tankers that help Russian oil evade sanctions. White House aides worry that risks making gasoline more expensive.
Tag: Oil (Petroleum) and Gasoline
Facing New ‘Greenwashing’ Law, an Oil Industry Website Goes Dark
Oil sands companies pushing a carbon capture project shut down their website after a law banning misleading environmental claims was passed.
Oil Projects Must Consider Full Climate Impact, Top U.K. Court Rules
Previously, local council and planning groups in Britain had to weigh only the planet-warming emissions from their own operations.
Nigeria Confronts its Worst Economic Crisis in a Generation
People in Africa’s most populous nation are suffering as the price of food, fuel and medicine has skyrocketed out of reach for many.
As Interest in Clean Energy Grows, Saudi Arabia Eyes a Future Beyond Oil
The kingdom is trying to juggle its still-vital petroleum industry with alternative energy sources like wind and solar as it faces pressure to lower carbon emissions.
These Teens Adopted an Orphaned Oil Well. Their Goal: Shut It Down.
Students, nonprofit groups and others are fund-raising to cap highly polluting oil and gas wells abandoned by industry.
Russia and Ukraine Engage in Dueling Air Assaults Behind the Front Lines
Both sides have been looking for ways to inflict damage beyond the battlefield, targeting military logistics hubs and urban centers.
Israel Resists Grand Bargain as U.S. and Saudis Work on Security Pact
President Biden is pushing for a broad deal that would get Israel to approve a Palestinian nation in return for Saudi recognition of Israel. But officials need to overcome Israeli opposition.
Ukraine Strikes Russian Oil Facilities, Including One Far Over the Border
Analysts say Ukraine is trying to disrupt the Russian military’s logistical routes and combat operations by targeting the facilities that supply fuel for its tanks, ships and fighter jets.
F.T.C. Clears Exxon Mobil’s Acquisition of Pioneer Natural Resources
The Federal Trade Commission will bar Pioneer’s chief executive, Scott Sheffield, from joining Exxon’s board, saying he colluded with OPEC to reduce oil production.