By Zeke Miller And Seung Min Kim in Washington WASHINGTON (AP) — President Joe Biden on Monday accused oil companies of “war profiteering” as he raised the possibility of imposing a windfall tax on energy companies if they don’t boost domestic production. Biden...
By Cathy Bussewitz Oil companies brought in staggering profits once again as people worldwide struggled with high gasoline and energy prices. Exxon Mobil broke records with its profits in the third quarter, raking in $19.66 billion in net income. The Irving, Texas...
By Samuel Petrequin And Raf Casert in Brussels BRUSSELS (AP) — European Union leaders struggled to find immediate practical solutions on how to deal with an energy crisis but avoided an open rift between Germany and France on Friday that would have exposed a divided...
MADRID (AP) — The leaders of France, Portugal and Spain said Thursday they have agreed to substitute a proposed gas pipeline connection between Iberia and France with an undersea “green energy corridor” that would eventually transport hydrogen. Spanish Prime Minister...
BERLIN (AP) — Insurance companies that have long said they’ll cover anything, at the right price, are increasingly ruling out fossil fuel projects because of climate change — to cheers from environmental campaigners. More than a dozen groups that track what...
