By Becky Bohrer in Juneau JUNEAU, Alaska (AP) — Oil-dependent Alaska has long sought ways to fatten its coffers and move away from the fiscal whiplash of oil’s boom-and-bust cycles. The newest idea, promoted by Republican Gov. Mike Dunleavy, would have the state...
LONDON (AP) — British energy firm BP reported record annual earnings Tuesday, fueling demands that the U.K. government boost taxes for companies benefiting from the high price of oil and natural gas after Russia’s invasion of Ukraine. London-based BP said underlying...
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...
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...
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....
