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United Arab Emirates says it will leave OPEC, a blow to the oil cartel

  DUBAI, United Arab Emirates (AP) — The United Arab Emirates said Tuesday it will leave OPEC effective May 1, stripping the oil cartel of one of its largest producers and further weakening its leverage over global oil supplies and prices. The UAE’s...

Supreme Court rules for Michigan in its fight to shut down an aging energy pipeline

The U.S. Supreme Court is seen in Washington, Friday, April 3, 2026. (AP Photo/Rahmat Gul)  By Mark Sherman WASHINGTON (AP) — The Supreme Court on Wednesday sided with Michigan in ruling that the state’s lawsuit seeking to shut down a section of an aging...

Fire out and shelter-in-place order is lifted after oil refinery explosion near Texas coast

By Hallie Golden And Juan A. Lozano HOUSTON (AP) — An oil refinery fire near the Texas coast was put out Tuesday and a shelter-in-place order was lifted following air-quality testing, hours after a large explosion at the complex shot plumes of smoke into the air,...

Germany, Austria say they’ll release reserve oil as part of effort to temper price spikes

    By Kirsten Grieshaber And Samuel Petrequin   BERLIN (AP) — Germany and Austria say they are releasing parts of their oil reserves following an International Energy Agency request for its members to release 400 million barrels to help temper energy...

Venezuela’s acting president signs oil industry overhaul, easing state control to lure investors

  By Regina Garcia Cano in Caracas CARACAS, Venezuela (AP) — Venezuela’s acting President Delcy Rodríguez on Thursday signed a law that will open the nation’s oil sector to privatization, reversing a tenet of the self-proclaimed socialist movement that has...
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