Oil Industry Contemplates World Without Russian Crude
As oil prices shoot to levels unseen since before the 2008 financial crisis, the energy industry is asking a previously...
Energy
U.S., IEA Agree to Release 60 Million Barrels From Oil Stockpiles Amid Ukraine Turmoil
The U.S. and other major oil-consuming nations said Tuesday they would release 60 million barrels of oil from their emergency...
The West’s Sanctions Barrage Severs Russia’s Economy From Much of the World
Western nations dropped economic sanctions of historic scale on Russia that are hobbling its financial system and effectively reversing 30...
Western Companies Pull Back From Russia in Response to Ukraine Invasion, Sanctions
BP PLC said Sunday it would exit its nearly 20% stake in Russian oil producer Rosneft, after pressure from the...
BP to Exit From Stake in Russia’s Rosneft Following Pressure From U.K.
British energy giant BP PLC said Sunday it will exit its nearly 20% stake in Russian government-controlled oil producer Rosneft...
Russia Sanctions Over Ukraine Largely Spare Energy Sector, Vital to Europe
The West is rolling out increasingly tough sanctions on Russia but it is going out of its way to preserve...
Russia-Ukraine Crisis Has Western Companies Bracing for Sanctions Hit
Western companies with operations in Russia and Ukraine are girding for the potential impact of fresh sanctions after Russian President...
Frackers Push Into Once-Dead Shale Patches as Oil Nears $100 a Barrel
Spurred by the highest oil prices in years, shale companies are moving drilling rigs back into oil fields that were...
California’s Green-Energy Subsidies Spur a Gold Rush in Cow Manure
Clean Energy Fuels Corp. , a major distributor of natural gas made from waste, found a way to boost its...
In Clampdown on U.S. Methane Emissions, Belching Cattle Get a Pass
Agriculture, just as big a source of methane, isn’t getting the same tough treatment. The Biden administration said it would...
Why High Gasoline Prices Could Stick Around for a While
Americans are paying about twice as much for gasoline now as they were early in the Covid-19 pandemic. And the...
Where Is There More Lithium to Power Cars and Phones? Beneath a California Lake.
CALIPATRIA, Calif.—In the U.S. hunt for lithium, an essential component of the batteries that power electric vehicles and cellphones, one...
U.S., EU Sanctions on Russia Could Ensnarl Western Oil Companies
LONDON—Some of the West’s biggest oil companies could find themselves in the crosshairs of sanctions now being drafted by their...
Chevron Rakes in $15.6 Billion in Annual Profits as Oil Prices Climb
Chevron Corp. had its most profitable year since 2014, reporting Friday that it earned $15.6 billion in net income in...
Analysis: Europe could live with less Russian gas. A complete shutdown would be ‘catastrophic’
Europe would struggle to survive for long without Russian gas, and finding alternative sources presents a huge logistical challenge —...
Exxon Pledges to Reduce Carbon Emissions From Operations to ‘Net Zero’
Exxon Mobil Corp. said it has set a goal to reduce or offset greenhouse-gas emissions from its operations to zero...
Europe’s Industrial Firms Flash Warning on Energy Costs
Steelmakers, glass manufacturers and other energy-hungry businesses in Europe are calling on governments to take action to stop record gas...
Inflation’s Warm-Up Act
Inflation will probably cool next year, but it may still be plenty warm. Right now, inflation is running hot. The...
EPA Trims Ethanol Mandate for Gasoline as Biofuel Pressures Pump Prices
WASHINGTON—The Environmental Protection Agency on Tuesday proposed reducing the amount of ethanol and other biofuels that must be blended into...
Demand for Oil, Gas to Remain Robust for Years, Energy Leaders Say
The leaders of the world’s largest oil companies said Monday that demand for the products they make will remain robust...
