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Gaza has oil markets on edge. That could build more urgency to shift to renewables, IEA head says

FRANKFURT, Germany (AP) — Tensions from the war in Gaza could help accelerate the move away from planet-warming fossil fuels like oil and gas and toward renewable energy, electric cars and heat pumps — similar to how sharp increases in the price of oil during the...

Chevron buys Hess for $53 billion, 2nd buyout among major producers this month as oil prices surge

North Dakota Bakken pioneer Hess has 175,000 boepd production in that state By Michelle Chapman in New York NEW YORK (AP) — Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize...

Feds OK natural gas pipeline expansion in Pacific Northwest over environmentalist protests

PORTLAND, Ore. (AP) — Federal regulators on Thursday approved the expansion of a natural gas pipeline in the Pacific Northwest over the protest of environmental groups and top officials in West Coast states, who said it goes against the region’s plans to address...

North Dakota lawmakers must take ‘painful way’ as they try to fix budget wiped out by court

BISMARCK, N.D. (AP) — North Dakota lawmakers were already scrambling to fill a giant hole in state government operations left by a surprising state Supreme Court ruling that voided a major budget bill, and their job got even tougher this week when the court issued a...

Exxon Mobil buys Pioneer Natural in $59.5 billion deal with energy prices surging

Exxon Mobil Corp. is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in West Texas. Including debt, Exxon is committing about $64.5 billion...
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