LONDON (AP) — Angola announced Thursday that it’s leaving the OPEC oil producers cartel, coming after it battled with the group over lower production quotas this year. Diamantino de Azevedo, the African nation’s oil minister, said Angola “does not gain...
The company building the Trans Mountain pipeline expansion has submitted evidence to support its claim that oil companies must pay more in tolls in light of the pipeline project’s mounting costs. In a new regulatory filing, Trans Mountain Corp. calls the...
Long-awaited guidance around tax credits for aviation fuel that reduces emissions of greenhouse gases compared with conventional fuel was issued Friday by the Treasury Department. Environmentalists said they were concerned that the guidelines could pave the way for...
An agreement at the United Nations-led climate conference to transition away from fossil fuels brought a measure of relief for climate activists, even as many said it doesn’t go far enough. They also saw something to like in what the agreement said about...
SANTA FE, N.M. (AP) — A windfall in government income from petroleum production is slowing down but far from over in New Mexico as the nation’s No. 2 oil production state grapples with how much it can effectively spend — and how to set aside billions of...
