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FILE PHOTO: Crude tankers at the Port of Long Beach in California

Nation Aug 29

California energy regulators halt efforts to penalize oil companies for high profits

By Sophie Austin, Associated Press

Nation May 22

Pump jacks operate in front of a drilling rig in an oil field in Midland
Watch 6:25
Rep. Raskin on urging DOJ to investigate ‘big oil’ for deception on climate change

In Congress, the top Democrats on two committees are asking the Department of Justice to launch a sweeping investigation of big oil corporations. They allege that the companies have deceived the public for decades about their complicity in climate change…

By Lisa Desjardins, Kyle Midura, Jackson Hudgins

Economy Mar 10

FILE PHOTO: General view of Aramco's oil field in the Empty Quarter
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

Politics Dec 05

The Exxon logo is displayed above the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York December 21, 2015. Photo by Lucas Jackson/REUTERS
Federal Trade Commission is investigating ExxonMobil’s $60 billion deal to acquire a Texas oil company

Security filings show the Federal Trade Commission is investigating ExxonMobil's $60 billion deal to acquire a Texas oil company, potentially one the largest energy industry mergers in two decades.

By Matthew Daly, Associated Press

World Dec 04

Former U.S. Vice President Al Gore speaks during an interview with Reuters at the United Nations Climate Change Conference (COP28), in Dubai, United Arab Emirates, December 3, 2023. Photo by Amr Alfliky/REUTERS
Al Gore blasts COP28 climate chief and oil companies’ emissions pledges

Former Vice President Al Gore says don't trust the oil and gas industry to report their actual carbon pollution and he adds that the man running United Nations climate talks runs one of the dirtiest oil companies out there.

By Seth Borenstein, Associated Press

Dec 23

Company seeks to restore oil lease on land sacred to tribes

By Matthew Brown, Associated Press

The Badger-Two-Medicine area near Glacier National Park is the site of the creation story of the Blackfoot tribes of southern Canada and Montana's Blackfeet Nation.

Continue reading

Oct 27

WATCH: Oil executives testify over climate misinformation in House hearing

By Matthew Daly, Associated Press

Top executives of ExxonMobil and other oil giants denied spreading disinformation about climate change as they sparred Thursday with congressional Democrats over allegations that the industry concealed evidence about the dangers of global warming.

Continue reading

May 26

Watch 5:44
Could electric airplanes propel a third revolution in aviation?

By Miles O'Brien

Major oil companies Exxon and Royal Dutch Shell took some hits legally and among their shareholders Wednesday. The hits come amid growing pressure to reduce greenhouse gas emissions from fuel for transportation. So what are the available alternatives to achieve…

Continue watching

Oct 06

Trump administration faulted over breaks for oil companies

By Matthew Brown, Associated Press

A U.S. government watchdog agency is faulting the Trump administration's handling of a COVID-19 relief effort that awarded energy companies breaks on payments for oil and gas extracted from public lands in Western states in more than 500 cases.

Continue reading

Apr 03

White House convenes oil CEOs as bust threatens U.S. boom

By Ellen Knickmeyer, Cathy Bussewitz, Associated Press

Executives of Chevron, Exxon and other large and medium-size petroleum companies and industry trade groups, as well as Republican lawmakers convened at Friday's White House gathering with President Donald Trump.

Continue reading

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