Europe bans Russian diesel, other oil products over Ukraine

  By David Mchugh in Frankfurt FRANKFURT, Germany (AP) — Europe imposed a ban Sunday on Russian diesel fuel and other refined oil products, slashing energy dependency on Moscow and seeking to further crimp the Kremlin’s fossil fuel earnings as punishment...

G-7, Europe reach deal for price cap on Russian diesel

By Raf Casert And David Mchugh in Brussels BRUSSELS (AP) — U.S. Treasury Secretary Janet Yellen said Friday that industrialized countries in the Group of Seven are imposing a price cap on refined Russian oil products such as diesel and kerosene, as part of a coalition...

Texas power woes linger as deep freeze covers New England

By Ken Miller And David Sharp in Austin The mayor of Austin, Texas, responded to mounting criticism and apologized Friday for a lack of communication with residents as a winter storm coated the city in ice and cut power — and heat — to thousands of residents for days....

Shell profit doubles to record as war drives up energy costs

LONDON (AP) — Global energy giant Shell said Thursday that its annual profits doubled to a record high last year as oil and natural gas prices soared after Russia’s invasion of Ukraine. London-based Shell Plc posted adjusted earnings of $39.9 billion for 2022 in...

North Dakota landowners at odds in carbon pipeline plans

  By Trisha Ahmed North Dakota landowners testified for and against a carbon capture company’s use of eminent domain Friday, as Summit Carbon Solutions moves forward in constructing a massive underground system of carbon dioxide pipelines spanning 2,000 miles...