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Apr 05

E.U. proposes banning Russian coal imports after 'heinous crimes' near Kyiv

By Samuel Petrequin, Associated Press

The European Union's executive branch has proposed a ban on coal imports from Russia in what would be the first sanctions targeting the country's lucrative energy industry over its war in Ukraine.

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Mar 08

What will a U.S. ban on Russian oil accomplish?

By Cathy Bussewitz, Matthew Daly, Associated Press

With Russia intensifying its war on Ukraine, killing civilians and triggering a mass refugee crisis, President Joe Biden announced a U.S. ban on imported Russian oil.

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Mar 08

Shell says it will no longer purchase Russian oil and natural gas, shuts down Russian operations

By Danica Kirka, Associated Press

Shell says it will stop buying Russian oil and natural gas, and shut down service stations and other operations in the country amid international pressure for companies to sever ties over the invasion of Ukraine.

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Mar 08

WATCH: President Biden announces ban on Russian oil for the country's attack on Ukraine

By Zeke Miller, Michael Balsamo, Josh Boak, Associated Press

President Joe Biden announced Tuesday the U.S. will ban all Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine, but he acknowledged it will bring costs to Americans, particularly at the gas pump.

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Mar 01

60 million barrels of oil to be released from global strategic reserves amid war

By David McHugh, Associated Press

Russia plays an outsized role in global energy markets as the third-largest oil producer.

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Feb 24

Russian attack on Ukraine rocks global markets and oil soars

By Associated Press

Market benchmarks in Europe and Asia fell as much as 5% as traders tried to figure out how large Putin's incursion would be and the scale of Western retaliation.

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Jan 23

Watch 4:12
In Venezuela, confidence in the democratic process wanes as Maduro maintains power

By PBS NewsHour

It’s been three years since opposition leader Juan Guaido’s party won Venezuela's presidential election. But despite international support for Guaido, President Nicolas Maduro continues to lead. With confidence in the democratic process waning, Venezuela is also undergoing a shrinking economy…

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Nov 20

Watch 8:50
In California, an effort to protect frontline communities from environmental health risks

By Tom Casciato

More than seven million Californians live within a mile of an oil or gas well, which studies show can create silent health hazards. Now, there are efforts to put more distance between people and pollutants. NewsHour Weekend Special Correspondent Tom…

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May 23

Average US price of gas jumps 8 cents per gallon to $3.10

By Associated Press

The highest average price in the nation right now is $4.23 a gallon in the San Francisco Bay Area. The lowest average is $2.53 in Houston.

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Mar 21

Oil giant Saudi Aramco sees 2020 profits drop to $49 billion

By Isabel Debre, Associated Press

Saudi Arabia’s state-backed oil giant Aramco says its profits nearly halved in 2020 to $49 billion. Sunday's announcement of the big drop came as the coronavirus pandemic roiled global energy markets.

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