oil

Published
August 21, 2023

Ecuadorians reject oil drilling in the Amazon, ending operations in a protected area

The outcome represents a significant blow to Ecuadorian President Guillermo Lasso who advocated for oil drilling, asserting that its revenues are crucial to the country’s economy.
Published
July 13, 2023

Exxon Mobil buys Denbury, pipeline company with carbon capture expertise, for $5 billion

Exxon Mobil Corp. said Thursday that the acquisiton gives it the largest owned and operated carbon dioxide pipeline network in the U.S.
Published
March 26, 2023

Commentary: Banks must be forced to keep their word on climate change

We have to sustain pressure on the major banks that continue to finance fossil fuel production – and maintain Maine’s focus on the climate crisis.
Published
February 1, 2023

Biden administration recommends oil drilling in Alaska

The decision on the Willow project – which some environmentalists have dubbed a 'carbon bomb' – is politically perilous for President Biden, who campaigned on pledges to end new drilling on public lands.
Published
December 13, 2022

Company starting to recover oil from Kansas pipeline spill

It was the largest spill on the Keystone system since it began operating in 2010 and bigger than 22 previous spills on the system combined.

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Published
December 8, 2022

Oil spill in rural Kansas creek shuts down Keystone pipeline

Oil prices briefly surged midday Thursday amid news of the spill.
Published
October 31, 2022

Biden paints oil firms as war profiteers, talks windfall tax

High prices at the pump have exacerbated inflation and have taken a toll on Biden and Democrats' standing among voters.
Published
October 28, 2022

Oil giants rake in steep profits amid high energy prices

Gasoline eased somewhat towards the end of the quarter, but customers were still paying more than $3.79 a gallon of regular, on average, in late September.
Published
October 19, 2022

What is the strategic oil reserve, and can it lower gas prices?

With Election Day on the horizon and gas prices rising, President Biden proposes releasing another 15 million barrels of oil.
Published
October 18, 2022

Biden to release 15 million barrels from oil reserve, more possible

President Biden will also open the door to additional oil reserve releases this winter in an effort to bring prices down.