Nation May 22 Rep. Raskin on urging DOJ to investigate ‘big oil’ for deception on climate change By Lisa Desjardins, Kyle Midura, Jackson Hudgins
Economy Mar 10 Aramco announces $121 billion profit in 2023, Saudi oil giant’s 2nd highest on record Saudi oil giant Aramco on Sunday reported it made $121 billion in profit last year, down from its 2022 record due to lower energy prices. By Jon Gambrell, Associated Press
Nation Sep 20 Watch 6:58 California sues oil companies for exacerbating climate change California claims the five biggest oil and gas companies knew that using their products led to climate change, but then spent decades misleading the public. The lawsuit says extreme weather fueled by climate change has caused billions of dollars in… By William Brangham, Dorothy Hastings
World Jul 18 Major U.S. firms supplied equipment to keep Russian oil flowing after Ukraine invasion SLB announced late last week it would stop exporting equipment to Russia as The Associated Press prepared to publish a report on the companies' Russian operations. By Ed Davey, Associated Press
Nation Nov 01 Watch 7:13 Oil companies post massive profits as consumers feel squeeze from high gas prices High gas prices are on the minds of Americans a week before the election. At the same time, oil and gas companies are reporting record-breaking profits. President Biden lashed out and called for a new windfall tax if companies don't… By William Brangham
Apr 06 Watch 3:34 U.S. lawmakers grill oil executives about sharp rise in gas prices By Amna Nawaz, Courtney Norris, Tommy Walters Since Russia’s invasion of Ukraine, fuel prices have shot up and stayed high. Lawmakers on Capitol Hill Wednesday were laying blame for rising gas prices on executives from BP, Chevron, Shell, ExxonMobil and others. Meanwhile, everyday Americans are feeling the… Continue watching
Oct 28 Watch 5:30 News Wrap: Protesters demand climate action in Glasgow ahead of COP26 In our news wrap Thursday, protests broke out in Glasgow, Scotland, ahead of the United Nations' climate change summit that begins this weekend. A U.N. backed report said 10 of the world's great forests, including Yosemite National Park, are emitting… Continue watching
Oct 28 Watch 6:09 Oil giants deny spreading climate disinformation as they face Dem heat on Capitol Hill By William Brangham, Murrey Jacobson, Harry Zahn The leaders of major oil and gas companies testified at a tough hearing Thursday on Capitol Hill about their companies' roles in greenhouse gas emissions, the acceleration of climate change and allegations of past deception and misinformation. The testimony comes… Continue watching
Jun 08 BP to cut 10,000 jobs worldwide amid virus pandemic By Associated Press Chief Executive Bernard Looney said that the cuts will affect office-based roles in BP's global workforce of 70,000 people and come mostly this year. Continue reading
May 14 Oil and mining businesses had best success in getting pandemic loans, says survey By Mike Schneider, Associated Press Of the 75 % of small businesses applying for federal funding during the pandemic, oil extraction and mining businesses had the best success in getting loans from the Paycheck Protection Program, with more than half of businesses surveyed in that… Continue reading