ExxonMobil, the largest American producer of crude oil, outlined its plan Tuesday to achieve net zero carbon emissions by 2050, improving upon previous goals. The major oil producer identified more …
Topic:
oil
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A top Russian official said Wednesday that Russian and Middle Eastern energy producers will continue to disregard the Biden administration’s pleas for boosted output. Deputy Prime Minister Alexander Novak explained …
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The stock and oil markets surged Monday as investors brushed aside concerns that the Omicron variant of COVID-19 would slow economic growth in the near future. The S&P index, which …
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A massive explosion and fire occurred at a major ExxonMobil refinery in Texas early Thursday, injuring at least four people, police said. The explosion took place at around 1 a.m. …
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Taylor Energy Company to Pay Over $43 Million and Transfer $432 Million Decommissioning Trust Fund to the United States for Gulf of Mexico Oil Spill
by DOJ PressTaylor Energy Company LLC (Taylor Energy), a Louisiana oil and gas company, has agreed to turn over all its remaining assets to the United States upon liquidation to resolve its …
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A group of House Democrats from New York called for a federal investigation Tuesday into the role “peaker” power plants have in contributing to air pollution. The three Democrats led …
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A federal grand jury indicted three fossil fuel companies of negligence in the wake of a large oil spill off the coast of southern California in early October. The indictment …
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Democratic Massachusetts Sen. Elizabeth Warren asked the nation’s top financial regulator Wednesday to open an investigation into whether several oil corporations misled the public about executives’ compensation. The Securities and …
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Former Employee of Norman Based Oil and Gas Company Pleads Guilty to Forging Company Checks Resulting in a Loss to the Company of More Than $830,000
by DOJ PressOKLAHOMA CITY – Today, RONALD DAVID KIRKPATRICK II, age 51, of Norman, pleaded guilty to uttering forged securities, in connection with his taking over $830,000 from a Norman based oil …
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Global crude oil production is forecasted to outpace demand beginning in December and into 2022, a key monthly industry report said. The oil supply is expected to receive a boost …
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Operating Partner of Oil and Gas Maintenance Business Sentenced to Prison for Wire Fraud
by DOJ PressGRAND JUNCTION – The U.S. Attorney’s Office for the District of Colorado announces that Cory Thompson, age 44, of Fruita, was sentenced to 41 months in federal prison and ordered …
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A group of top House Republicans introduced a bill Thursday that would force President Joe Biden to increase domestic oil and gas production when he taps the nation’s emergency stockpile. …
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Executives of major oil companies slammed the aggressive global push to renewable forms of energy and warned that such policies could crash economies. Crude oil and natural gas continue to …
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A large group of House Republicans penned a letter to top Biden administration officials Friday, urging them not to ban U.S. crude oil exports. The GOP lawmakers, led by Texas …
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A group of left-wing House Democrats asked the Justice Department (DOJ) to free a lawyer serving a six-month sentence who fought the fossil fuel industry. The Democrats, led by Democratic …
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President Joe Biden tapped into the U.S. emergency oil reserves Tuesday despite previously throwing cold water on the idea that he said wouldn’t have much effect. “I don’t have a …
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President Joe Biden’s decision to tap the U.S. Strategic Petroleum Reserve (SPR) was derided by top GOP lawmakers and experts who said the move was political and won’t move the …
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A coalition of 15 states announced a commitment to scrutinize future business with banks that divest from the fossil fuel industry. The coalition of top state financial officers, formed by …
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The Biden administration asked China, Japan, South Korea and India to tap into their emergency oil reserves as the president continues to grapple with rising gasoline prices, Reuters reported. The …
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Bridger Pipeline to pay $2 million to settle civil lawsuit over oil spill into Yellowstone River near Glendive
by DOJ PressBILLINGS – Bridger Pipeline, LLC, a Wyoming corporation, has agreed to settle a civil lawsuit with the United States and the State of Montana with a $2 million payment to …
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The Navajo Nation criticized the Biden administration for banning oil and gas leasing on a large swath of New Mexico land that supported much of its community. The tribe argued …
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Democratic New York Rep. Alexandria Ocasio-Cortez confused a number of facts about fossil fuels in a video to her followers explaining why pipelines are bad for the country. The congresswoman …
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The Biden administration banned new oil and gas leases on a large swath of federal lands in New Mexico after a group of Native American tribes requested the action. President …
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FRANKFORT, Ky. – A Shelbyville, Kentucky, man, John Affourtit, 65, pleaded guilty on Tuesday, before U.S. District Judge Gregory VanTatenhove, to knowingly discharging a harmful quantity of oil into a …