WASHINGTON (Reuters) – President Donald Trump on Thursday indicated he continued to back Environmental Protection Agency head Scott Pruitt, who is under fire for paying low rent on a condo owned by a lobbyist.
HOUSTON (Reuters) – The oil industry should engage with proponents of the “Green New Deal,” a Democratic initiative seeking to radically reduce U.S. dependence on fossil fuels, BP Chief Executive Officer Bob Dudley said on Tuesday.
WASHINGTON (Reuters) – U.S. Representative Nancy Pelosi, the top Democrat in the House of Representatives,…
HOUSTON (Reuters) – Iran has lost $10 billion in revenue since U.S. sanctions in November have removed about 1.5 million barrels per day (bpd) of Iranian crude from global markets, a U.S. State Department official said on Wednesday.
NEW YORK (Reuters) – Five Republican senators on Monday called on President Donald Trump to temporarily halt the use of biofuels policy waivers for small oil refineries, after reports the Environmental Protection Agency had issued a recent wave of such exemptions.
HOUSTON (Reuters) – Exxon Mobil Corp is considering exploring for oil and gas in Israel, said a person with direct knowledge of the matter, in what would make Exxon the first oil major to operate in the country still technically at war with Gulf Arab states.
NEW YORK (Reuters) – The Trump administration will delay any moves to reform the nation’s biofuel policy for about three months, according to three sources briefed on the matter – a decision one of the sources said was meant to shield farmers worried about a potential trade war with China.
WASHINGTON (Reuters) – The United States aims to cut Iran’s crude exports by about 20 percent to below 1 million barrels per day (bpd) from May by requiring importing countries to reduce purchases to avoid U.S. sanctions, two sources familiar with the matter told Reuters.
SINGAPORE (Reuters) – Utility-scale solar power capacity is expected to grow by double digits globally in 2019 and 2020, driven by expansions in the United States, Europe, Middle East and China, U.S. bank Goldman Sachs said on Thursday.
DUBAI/SINGAPORE/BEIJING (Reuters) – Rising Russian and U.S. competition has pushed Saudi Aramco to find new buyers for its oil in China, encouraging a shift toward independent refiners and newcomers to the business.
HOUSTON (Reuters) – A Carlyle Group $1 billion deepwater crude export project faces a delay of up to 18 months after regulators called for a full environmental review, officials said, a setback in the private equity firm’s race to be first to open a new deepwater, U.S. Gulf Coast export hub.
WASHINGTON (Reuters) – U.S. government watchdogs rapped two members of President Donald Trump’s Cabinet on Monday over their spending last year, adding pressure on an administration already roiled by ethics complaints.