NEWS: Exxon Mobil rolls out plan to cut emissions in Permian Basin

ALBUQUERQUE, N.M. (AP) — Exxon Mobil says it has a plan for cutting greenhouse gas emissions from its operations in one of the most prolific oilfields in the United States, saying it hopes to achieve its net-zero goal for operations in the Permian Basin by 2030. The...

NEWS: OPEC+ sticks to modest boost in oil output despite omicron

NEW YORK (AP) — OPEC and allied oil-producing countries decided Thursday to maintain the amount of oil they pump to the world even as the new omicron variant casts a spikey shadow of uncertainty over the global economic recovery from the coronavirus pandemic....

Fighting gas prices, US to release 50 million barrels of oil

WASHINGTON (AP) — President Joe Biden on Tuesday ordered 50 million barrels of oil released from America’s strategic reserve to help bring down energy costs, in coordination with other major energy consuming nations, including India, the United Kingdom and...

NEWS: Regulators seek to suspend Trump rule on railway natural gas

OMAHA, Neb. (AP) — Federal regulators have proposed suspending a Trump administration rule that would have allowed railroads to haul liquefied natural gas while they take a closer look at the potential safety risks. The rule, which was backed by both the natural gas...