EPA raises amount of ethanol that must be blended with gas

By David Pitt in Des Moines DES MOINES, Iowa (AP) — The Biden administration on Friday set new requirements that increase the amount of ethanol that must be blended into the nation’s gasoline supply but reduce previous ethanol-blending requirements due to a...

Supreme Leader acknowledges Iran took Greek oil tankers

  TEHRAN, Iran (AP) — Iran’s Supreme Leader Ayatollah Ali Khamenei acknowledged Saturday that Iran took two Greek oil tankers last month in helicopter-launched raids in the Persian Gulf. The confiscations were retaliation for Greece’s role in the U.S....

Pledge of more oil heightens odds of Saudi trip for Biden

By Aamer Madhani And Ellen Knickmeyer in Washington WASHINGTON (AP) — The Biden administration praised Saudi Arabia Thursday for its roles securing an OPEC+ pledge to pump more oil and a cease-fire extension in Yemen — warm words that appeared to boost the prospect of...

Biden renews sanctions license for Chevron in Venezuela

Venezuela’s President Nicolas Maduro arrives to Revolution Palace to attend the XXI ALBA Summit in Havana, Cuba, Friday, May 27, 2022. (Ernesto Mastrascusa/Pool Photo via AP) By Joshua Goodman in Miami MIAMI (AP) — The Biden administration has renewed a license...

War surges Norway’s oil, gas profit. Now, it’s urged to help

By Mark Lewis in Stavanger STAVANGER, Norway (AP) — Europe’s frantic search for alternatives to Russian energy has dramatically increased the demand — and price — for Norway’s oil and gas. As the money pours in, Europe’s second-biggest natural gas supplier...