oil
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PublishedAugust 21, 2023
Ecuadorians reject oil drilling in the Amazon, ending operations in a protected area
The outcome represents a significant blow to Ecuadorian President Guillermo Lasso who advocated for oil drilling, asserting that its revenues are crucial to the country’s economy.
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PublishedJuly 13, 2023
Exxon Mobil buys Denbury, pipeline company with carbon capture expertise, for $5 billion
Exxon Mobil Corp. said Thursday that the acquisiton gives it the largest owned and operated carbon dioxide pipeline network in the U.S.
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PublishedMarch 26, 2023
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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PublishedFebruary 1, 2023
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.
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PublishedDecember 13, 2022
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.
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PublishedDecember 8, 2022
Oil spill in rural Kansas creek shuts down Keystone pipeline
Oil prices briefly surged midday Thursday amid news of the spill.
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PublishedOctober 31, 2022
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.
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PublishedOctober 28, 2022
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.
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PublishedOctober 19, 2022
What is the strategic oil reserve, and can it lower gas prices?
With Election Day on the horizon and gas prices rising, President Biden proposes releasing another 15 million barrels of oil.
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PublishedOctober 18, 2022
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.
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