Economy Jun 23 Trump calls for more crude drilling amid jitters that Iran may close critical shipping lane By Aamer Madhani, Associated Press
Nation Feb 06 Watch 5:53 Trump aggressively working to dismantle U.S. efforts to fight climate change Among the many big moves taken by the Trump administration, boosting fossil fuel development has been a priority. In a series of actions, President Trump is following through on his promise not just to ramp up oil and gas production,… By William Brangham, Jackson Hudgins
World Jul 02 Watch 8:28 Scottish oil town hopes to be Europe’s green energy capital with transition to renewables A major issue in Britain’s general election is the cost of living crisis, caused by spiking inflation following the Russian invasion of Ukraine. That has put pressure on the country’s pledge, written into law, to become carbon neutral by 2050. By Fred de Sam Lazaro, Simeon Lancaster
Nation Dec 28 Watch 7:14 How U.S. oil production reached an all-time high in 2023 As the year comes to a close, gas prices in the U.S are at their lowest point of 2023. And not coincidentally, domestic oil production is at a record level. But it comes at a time when the U.S. is… By William Brangham, Shoshana Dubnow
Economy Oct 23 Chevron buys Hess in 2nd recent major fossil fuel industry buyout The Chevron-Hess deal comes less than two weeks after Exxon Mobil said that it would acquire Pioneer Natural Resources for about $60 billion. Crude prices are up 9% this year and have been hovering around $90 per barrel for about… By Michelle Chapman, Associated Press
Oct 13 U.S. oil production hits all-time high, conflicting with efforts to curb climate change By Seth Borenstein, Associated Press United States domestic oil production has hit an all-time high last week, contrasting with efforts to slice heat-trapping carbon emissions by the Biden administration and world leaders. Continue reading
Aug 03 Saudi Arabia extends daily oil production cut through September to boost energy prices By Associated Press The Saudi cut of 1 million barrels per day, which began in July, comes as the other OPEC+ producers have agreed to extend earlier production cuts through next year. Continue reading
Apr 02 Watch 2:52 News Wrap: Biden pledges federal resources to help tornado recovery efforts In our news wrap Sunday, Biden declared a major disaster in Arkansas after tornadoes struck the South and Midwest, an explosion at a Russian cafe killed a prominent pro-war blogger, Saudi Arabia and other OPEC countries announced oil production cuts,… Continue watching
Oct 05 Watch 5:26 News Wrap: OPEC drastically cuts oil production to boost sagging prices In our news wrap Wednesday, OPEC is drastically cutting oil production by two million barrels a day to boost sagging prices, Russian President Putin signed documents today to annex four regions of Ukraine as the Russian military is losing its… Continue watching
Jul 15 Biden lands in Saudi Arabia to meet king, crown prince By Aamer Madhani, Ellen Knickmeyer, Chris Megerian, Aya Batrawy, Associated Press Biden met Friday with Saudi Crown Prince Mohammed bin Salman, the man he once pledged to shun for human rights violations, and shared a cordial fist bump as he tried to reset a diplomatic relationship… Continue reading