Oil

IEA advises investing in facilities to reduce the potent greenhouse gas. The U.S. government is already funding such programs.

OPEC is trying to cut production among its members in a bid to push up the price of oil, but it hasn’t gone according to plan.

Last year’s price spike was largely the result of a shortage of refining capacity.

The Saudis invited the Russians to the table and rolled out the red carpet. But the Russians haven’t always done what the Saudis want.

And if it doesn’t work, they’ll cut production.

The cost to ship fuel has more than doubled since February.

A milder winter is one reason why. But it’s still a significant expense, and applications for assistance are up.

Fewer tech millionaires were minted in 2022, hurting California’s bottom line, while in Texas, the oil and gas industry boomed.

Both Exxon Mobil and Chevron reported their most profitable quarters of all time during the calendar year. Sustaining that growth is more complicated.

After multiple near-record Texas earthquakes, oil and gas regulators say they’re stepping up efforts to reduce quakes triggered by industry activity.