Oil

World

Ukraine Strikes More Russian Oil Facilities in a Bid to Disrupt Military Logistics

Analysts say Ukraine is trying to disrupt the Russian military’s logistical routes and combat operations by targeting the facilities that…

Business

Oil Companies Expand Offshore Drilling, Pointing to Energy Needs

Shell and others say they plan to drill for oil and gas in the Gulf of Mexico in part because…

Business

F.T.C. Clears Exxon Mobil’s Acquisition of Pioneer Natural Resources

The Federal Trade Commission will bar Pioneer’s chief executive, Scott Sheffield, from joining Exxon’s board, saying he colluded with OPEC…

Business

ExxonMobil and Chevron Report Lower Earnings

Profits for the two oil giants, which are locked in a standoff over drilling off the coast of Guyana, were…

Business

Why Oil Prices Have Been Rising Recently

The increase this year, prompted by geopolitical worries and supply constraints, has sent gasoline prices higher and could hamper efforts…

Business

Rising Oil Prices Reignite Inflation Fears

The price of Brent crude rose to a six-month high on Friday, a potential dose of bad news for central…

Business

Oil Executives, Meeting in Texas, Cast Doubts on ‘Fantasy’ Energy Transition

The comments by a Saudi executive raised questions regarding whose predictions about the future of oil and gas are more…

Business

U.S. Taxpayers Have Subsidized Fossil Fuels for 111 Years, and Counting

WASHINGTON — As a candidate in 2020, Joseph R. Biden Jr. campaigned to end billions of dollars in annual tax…

Business

Brazil’s Clashing Goals: Protect the Amazon and Pump Lots More Oil

State-owned Petrobras could soon be the world’s third-biggest oil producer, in stark contrast to the country’s promises to fight climate…

World

Southern California Oil Sheen Is Unlikely to Stem From Spill, Tests Indicate

Samples from an oil sheen in the Pacific Ocean off the coast of Huntington Beach, Calif., were more consistent with…

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