Tag - oil

 
 

OIL

Russian President Vladimir Putin visits a nuclear-powered submarine in Murmansk, Russia, on Thursday.
WORLD / Politics
Mar 31, 2025
Trump threatens Russia oil penalties, citing anger at Putin
The U.S. president also raised the threat of bombing Iran until it signs a deal that renounces nuclear weapons.
Demonstrators hold signs near the White House as they protest against the Dakota Access Pipeline in 2017.
ENVIRONMENT
Mar 22, 2025
What the $660 million Greenpeace verdict means for U.S. activism
Legal experts warn the decision could significantly deter other environmental groups from protesting oil and gas companies around the U.S.
Protesters demonstrate against the Dakota Access Pipeline near Cannon Ball, North Dakota, in 2016.
WORLD / Crime & Legal
Mar 20, 2025
Jury finds Greenpeace liable for more than $660 million in damages
The verdict was a major blow to the environmental organization.
The Lakhta Center business tower, which serves as the headquarters of Russia's largest gas producer Gazprom, in St. Petersburg on March 7
BUSINESS / Companies
Mar 17, 2025
Gazprom's grandeur fades as Europe abandons Russian gas
Gazprom is arguably the Russian business hardest hit by the international sanctions imposed after Russia's full-scale invasion of Ukraine three years ago.
Bleached and dead coral around Lizard Island on the Great Barrier Reef, located 270 kilometers north of the city of Cairns, Australia, on April 5, 2024
ENVIRONMENT / Earth science
Mar 17, 2025
From oil spills to new species: How tech reveals the ocean
New technologies are helping to reveal hidden oil spills, speed up the discovery of new species and uncover the impact of light pollution.
The Stratos Direct Air Capture Facility, a joint venture between Occidental Petroleum and asset manager BlackRock, in Ector County, Texas, last July.
ENVIRONMENT / Climate change / FOCUS
Mar 16, 2025
Carbon capture industry tweaks message for the Trump era
The lobbying strategy is to frame CCS as "an economic competitiveness and American leadership issue."
A worker collects palm oil fruit in Sepang, outside Kuala Lumpur, in 2014.
BUSINESS / Markets
Mar 10, 2025
The end of cheap palm oil? Output stalls as biodiesel demand surges
Aging plantations and slow replanting have led to lower yields even as demand for palm oil rises from various sectors.
The Trans-Alaska Pipeline along the Dalton Highway in Stevens Village, Alaska, on Sep. 19, 2024
ASIA PACIFIC / Politics
Mar 5, 2025
Trump says Japan and South Korea want to partner in Alaska pipeline
Japan, South Korea and other countries want to partner with the United States in a "gigantic" natural gas pipeline in Alaska, U.S. President Donald Trump said on Tuesday, claiming they would invest "trillions of dollars each."
The coal-powered Datang International Zhangjiakou Power Station in Zhangjiakou, in China's northern Hebei province. Many countries support an an aggressive approach to climate change, but face objections by some oil producers and major polluters with rising emissions, such as India and China.
ENVIRONMENT / Climate change
Feb 24, 2025
Nations at odds over major U.N. climate science report
Many countries support an an aggressive approach to climate change, but face objections by some oil producers and major polluters.
Canada faces a tough decision on how to respond to U.S. President Donald Trump's economic threats, particularly regarding energy exports, with options ranging from strategic energy cuts to export taxes.
COMMENTARY / World
Feb 18, 2025
Weaponizing Canadian oil would rattle Trump
Reducing crude output has the potential to inflict real pain on U.S. refiners and consumers.
Indian Prime Minister Narendra Modi (right) and U.S. President Donald Trump shake hands at the conclusion of a joint news conference in the White House in Washington on Thursday.
WORLD / Politics
Feb 14, 2025
India's Modi and Trump agree to trade talks to lower tensions
The agreements came hours after Trump unveiled a roadmap for reciprocal tariffs on every country that puts duties on U.S. imports, including India.
Oil tanker trucks outside an oil refinery in Mumbai
WORLD / Politics
Feb 13, 2025
India scrambles for Russian oil supplies as sellers play sanctions whack-a-mole
Energy executives say existing networks are being reconfigured with selling entities, tankers and insurance providers that are not on Washington’s blacklist.
Oil pump jacks in the Republic of Tatarstan, Russia, on June 4, 2023
WORLD / Politics
Feb 13, 2025
Russia braces for oil output cuts as sanctions and drones hit
The level of complexity involved in refining and selling Russian oil is said to be becoming too much, with everyone "waiting for this war to be over."
A gas flare on an Iranian oil production platform in 2005
WORLD / Politics
Feb 5, 2025
Trump reimposes 'maximum pressure' on Iran that aims for zero oil exports
Trump said he was open to a deal with Iran and expressed a willingness to talk to the Iranian leader.
Flue gas and steam rise out of chimneys and smokestacks of an oil refinery in the Siberian city of Omsk, Russia, in 2023.
WORLD / Politics
Jan 29, 2025
Russia set to test New Delhi by sending sanctioned oil and tankers to India
At stake is Moscow's ability to keep barrels flowing following the U.S. sanctions, something that could ultimately dictate the country's ability to maintain output levels.
An oil drilling rig in Midland, Texas, on March 2, 2023
WORLD / Politics
Jan 27, 2025
Trump seizes wartime powers in battle for more fossil fuels
By invoking the country’s national and economic security, the plan lays the foundation for energy projects to move forward with unprecedented speed.
The production line at Tanmiah Food’s chicken processing plant in Shaqra, Saudi Arabia
BUSINESS
Jan 26, 2025
Chickens hatch across the Saudi desert in kingdom’s pivot from oil
The kingdom imports about 80% of what it eats, triggering worries about shortages in a time of rising geopolitical tensions.
An oil pump jack. Big U.S. oil companies believe withdrawing from the Paris Agreement only limits Washington's ability to influence an ongoing global energy transition and exposes them to an uneven regulatory environment.
BUSINESS / Companies
Jan 23, 2025
Trump's climate withdrawal creates rare discord with Big Oil
A shift in the U.S. power industry away from coal has contributed to a roughly 17% decline in U.S. carbon dioxide emissions since 2007.
Regular gasoline was priced at ¥194 per liter at a gas station in Nagano on Wednesday.
BUSINESS / Economy
Jan 23, 2025
Japan's average gas price exceeds ¥185 for first time in 17 months
The price hike reflects reduced government subsidies to oil wholesalers.
Donald Trump has vowed to slash U.S. energy costs by bolstering fossil fuels while potentially hobbling domestic wind power generation.
WORLD / Politics
Jan 21, 2025
Trump starts reshaping U.S. energy with deep focus on oil and gas
Trump initiated the shift in a series of orders and memoranda directing action by the federal government, with implications that reach across the entire energy landscape.

Longform

An ongoing shortage of rice has resulted in rising prices for Japan's main food staple.
Why Japan is running out of rice — and farmers to grow it