Historic Oil Bust Delivers A Gut Punch To A High-Flying Texas County
Oil companies have slashed production across West Texas and southeast New Mexico, where communities are also hurting from pandemic-driven business shutdowns.
oil
Why The World Is Still Pumping So Much Oil Even As Demand Drops Away
The pandemic means the world is using far less oil. But pumps are still going, creating a huge oversupply. Companies are often willing to operate pumps at a loss — for a little while.
We're Barreling Toward An Epic Glut Of Oil
The supply of oil has surged as the coronavirus pandemic has destroyed demand. Prices have plummeted and analysts are starting to ask if the world will have enough space to store all the extra oil.
Oil Prices Reflect Concern, Not Panic, After Airstrike On Iranian General
Global oil prices rose by about 4% — a modest increase by historical standards — after the U.S. military killed Qassem Soleimani, the leader of Iran's Quds Force, in an airstrike in Baghdad.
As Climate Warnings Grow Dire, Energy Companies Face A 'New Frontier Of Threats'
Natural disasters, protests and stark scientific reports are heightening concern over climate change. And companies are under pressure from banks and investors to green their corporate images.
Opinion: Syria's Oil Output Is Low, But Here's Why It Matters
What happens to the country's resources — once a revenue stream for ISIS — will be important not to world oil markets but to the future of Syria itself, write Roger Diwan and Daniel Yergin.
FACT CHECK: President Trump's Plans For Syrian Oil
The president is renewing his push for U.S. control of Syrian oil. Experts say the limited oil there belongs to Syria, but it may provide a pretext for a continued U.S. presence in the country.
'It All Ties,' Rachel Maddow Says Of Oil And Gas, Russia And Democracy In 'Blowout'
The MSNBC host's book compiles the most convincing research and journalism on the harm oil and gas have done to global democracy, and then weaves together a narrative of greed, power and corruption.
Activists Say New Laws To Protect Critical Infrastructure Aim To Silence Them
Climate activists protesting oil and gas are the first charged under a new critical infrastructure law in Texas. Supporters say the laws protect ports, pipelines and other sensitive places.
Saudi Arabia Says Iran 'Unquestionably Sponsored' Attack On Oil Facilities
"This attack did not originate from Yemen despite Iran's best efforts to appear so," said Saudi Col. Turki al-Malki. U.S. Secretary of State Mike Pompeo called it an "act of war" against the kingdom.