Oil

Business

Oil Prices Rise on Talk of Russian Output Cut

Russia’s deputy prime minister said the country would reduce its oil production by about 5 percent to counter Western sanctions.

World

How Russia Is Surviving the Tightening Grip on Its Oil Revenue

Restrictions on Russia’s oil trade are raising the stakes in a protracted economic standoff that is reshaping the global energy…

Business

Biden Clears the Way for Alaska Oil Project

The administration issued an analysis that indicates a scaled-back version of the Willow project can go forward. Opponents call the…

Business

Oil Giants, After Surge in Profits, Are Wary About Spending

Economic and military uncertainty clouds the outlook for Exxon, Chevron and other energy companies, whose bonanza from high prices is…

Business

Administration Expected to Endorse Limited Drilling in Alaska Project

An environmental review expected soon would effectively signal that the Willow project proceed, according to people familiar with the report.

World

The Fierce Debate Over Managing Oil Prices

During President Barack Obama’s eight years in office, the Strategic Petroleum Reserve shrank by about nine million barrels. Under President…

World

Oil Drilled in the Amazon Rainforest Ends Up in California

“One in every nine tanks of gas, diesel or jet fuel pumped in California comes from the Amazon,” one researcher…

Business

Ecuador Tried to Curb Drilling and Protect the Amazon. The Opposite Happened.

YASUNÍ NATIONAL PARK, Ecuador — In a swath of lush Amazon rainforest here, near some of the last Indigenous people…

World

Should an Oil Executive Oversee Climate Talks? The U.A.E. Thinks So.

Sultan Al Jaber, who heads the Abu Dhabi National Oil Company, was chosen by the United Arab Emirates to head…

World

Attack on Oil Workers in Eastern Syria Kills at Least 10

No group claimed responsibility for the assault on a bus convoy. But Islamic State militants remain active in parts of…

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