OIL
- Politics
Why are California gas prices rising again? Here’s what Gov. Gavin Newsom’s oil czar says
Oil pump jacks are visible in a field near Fresno County in 2015. Gas prices are creeping higher in California,…
Read More » - Europe News
France to allow petrol to be sold at a loss in a bid to curb inflation
The Élysée wants to scrap the 1963 ban on selling fuel at a loss in order to curb rising inflation.…
Read More » - Politics
California sues major oil companies, claiming they deceived on climate change for decades
Gov. Gavin Newsom announces his May revision in Sacramento on Friday, May 12, 2023. Newsom on Friday announced California is…
Read More » - Europe News
BP boss quits over relationships with colleagues
The CEO of UK energy giant BP has resigned after he accepted that he was not “fully transparent” in his…
Read More » - Canada
Businesses, consumers feeling the pinch with Metro Vancouver gas over $2/L | Globalnews.ca
Metro Vancouver gas prices north of $2 per litre appear to be here to stay for the foreseeable future, and…
Read More » - Canada
Trans Mountain pipeline project runs into fresh construction related hurdle | Globalnews.ca
The Trans Mountain oil pipeline expansion project has run into another construction-related hurdle that could delay its completion. The crown…
Read More » - Europe News
OPEC+: Riyadh to reduce oil output, others to extend previous cuts
In order to keep crude oil prices stable on the world market, the OPEC+ countries, including heavyweight Russia, have agreed…
Read More » - Europe News
Saudi Arabia cuts production to boost oil prices
Saudi Arabia, an OPEC heavyweight, decided on Sunday to make a further cut in production in the hope of boosting…
Read More » - Europe News
OPEC+ members meet in Vienna to discuss oil production strategy
The OPEC+ countries discuss their current production strategy in Vienna. New oil production cuts could result from the meeting as…
Read More » - US
Satellite photos reveal oil tankers seized by Iran anchored off port city
DUBAI, United Arab Emirates — Two oil tankers recently seized by Iran are anchored off the coast of one of…
Read More » - Politics
After a California refinery closure, laid-off fossil fuel workers got hit with a ‘gut punch’
A crane used in construction on new facilities to process renewable fuels is seen overlooking Phillips 66 refinery equipment and…
Read More » - Politics
How high will California gasoline prices climb this summer? Here’s your forecast
Oil prices have rebounded in recent days since the OPEC Plus nations decided to cut production (Joyce Marshall/Fort Worth Star-Telegram)…
Read More » - Politics
California Democrat kicked off committee after casting ‘no’ vote on Gavin Newsom oil penalty
A California Democrat lost an Assembly committee seat after casting a ‘no’ vote on Gov. Gavin Newsom’s plan to hold…
Read More » - Politics
Q&A: California passes Gavin Newsom’s plan to penalize oil companies. What it means for drivers
Gov. Gavin Newsom has successfully pushed a plan to penalize oil companies for alleged gas price gouging through the California…
Read More » - Politics
Gavin Newsom’s oil penalty blazes through California Senate. Some lawmakers say it’s too rushed
California Gov. Gavin Newsom’s plan to penalize oil companies for alleged gas price gouging has moved through the state Legislature…
Read More » - Politics
Newsom’s plan to penalize Big Oil for California’s high gas prices reaches final fateful days
The Valero Benicia Refinery in Benicia, Calif., on Thursday, June 5, 2014. Manny Crisostomo Sacramento Bee file The fate of…
Read More » - Health
Olive Oil Byproduct Could Help Improve Your Exercise Performance, Study Shows How
You may prefer olive oil as the best option when it comes to healthy cooking. It sure is a nutritional…
Read More » - Politics
Gavin Newsom blames oil companies for California’s high gas prices. Could the state sue them?
California Gov. Gavin Newsom, left, bumps elbows with California Assemblyman Rob Bonta after announcing Bonta’s nomination for the state’s attorney…
Read More » - Entrepreneurs
Kevin O’Leary Says You Should Invest in Energy. Here’s Why | Entrepreneur
Kevin O’Leary is advising entrepreneurs to put their money into energy to add more green to their pockets. During an…
Read More » - Politics
California lawmakers question Newsom oil profit penalty, fear ‘unintended consequences’
California Gov. Gavin Newsom may face a tough road persuading lawmakers to support his oil windfall profits penalty, as Democrats…
Read More » - Politics
California lawmakers to talk oil profit penalty — months after Newsom called special session
Five months after Gov. Gavin Newsom said California needed to address a historic surge in gas prices with a “sense…
Read More » - US
Starbucks to serve more ‘luxurious’ coffees with this shocking ingredient
Get ready for an extra virgin venti. As a way to introduce more “luxurious” brews, Starbucks will now be selling…
Read More » - Politics
Taxing guns, pushing housing and penalizing Big Oil. Here are California bills to watch
California lawmakers’ bill introduction frenzy is over. The Legislature’s deadline for introducing bills was Friday, meaning senators and assemblymembers now…
Read More »