Apr 02 Saudi Arabia, other OPEC+ nations announce surprise oil production cuts By Associated Press Saudi Arabia and other major oil producers on Sunday announced surprise cuts totaling 1.15 million barrels per day from May until the end of the year, a move that could raise prices worldwide. Continue reading
Mar 12 Biden blocks other oil drilling in Alaska while considering Willow project By Chris Megerian, Matthew Daly, Associated Press As President Joe Biden prepares a final decision on the huge Willow oil project in Alaska, he will prevent or limit oil drilling in 16 million acres in Alaska and the Arctic Ocean, an administration official said on Sunday. Continue reading
Jan 12 House votes to prevent China from buying oil from U.S. reserves By Matthew Daly, Associated Press The Republican-controlled House has voted to block oil from the country's emergency stockpile from going to China. Continue reading
Dec 10 Watch 5:57 Why activists are targeting famous art to protest climate change By Geoff Bennett, Lorna Baldwin, Winston Wilde, Azhar Merchant Over the past few months, activists have targeted priceless works of art to call attention to the climate crisis. These viral moments are grabbing attention, but is the message getting through? We look at how these protests could be both… Continue watching
Dec 09 Keystone oil spill in Kansas is largest in pipeline’s history, federal data shows By John Hanna, Ryan J. Foley, Heather Hollingsworth, Associated Press An oil spill in a creek in northeastern Kansas this week is the largest for an onshore crude pipeline in more than nine years and by far the biggest in the history of the Keystone pipeline, according to federal data. Continue reading
Dec 05 European Union implements Russian oil price cap to limit Kremlin war chest By David McHugh, Associated Press The impact may be blunted because Russia has been able reroute much of its European seaborne shipments to China, India and Turkey, although at steep discounts. Plus, the price cap is near what Russian oil already cost. Continue reading
Sep 05 OPEC+ makes small trim to world oil supplies as prices fall By David McHugh, Associated Press OPEC and allied oil-producing countries, including Russia, have made a small trim in their supplies to the global economy. The move Monday underlines their unhappiness as recession fears help drive down crude prices — and the cost of gasoline, to… Continue reading
Aug 07 Firefighters battle big blaze at Cuban oil tank farm for 2nd day By Andrea Rodriguez, Associated Press Cuban firefighters were joined by special teams sent by Mexico and Venezuela on Sunday as they battled for a second day to control a fire blazing at a big oil tank farm in the western province of Matanzas. Continue reading
Aug 06 17 missing, dozens injured in explosive fire at Cuban oil storage facility hit by lightning By Andrea Rodriguez, Associated Press A fire set off by a lightning strike at an oil storage facility raged uncontrolled Saturday in the city of Matanzas, where four explosions and flames injured nearly 80 people and left 17 firefighters missing, Cuban authorities said. Continue reading
Jun 22 Sri Lanka prime minister says economy ‘has completely collapsed’ By Krishan Francis, Associated Press Sri Lanka's prime minister says its debt-laden economy has "collapsed" after months of shortages of food, fuel and electricity. Continue reading