High oil prices help Saudi Aramco earn $88B in first half
DUBAI, United Arab Emirates (AP) — Saudi energy company Aramco said Sunday its profits jumped 90% in the second quarter compared to the same time last year, helping its half-year earnings reach nearly $88 billion. The increase is a boon for the kingdom and the crown...
Senate climate bill has West Virginia written all over it
The sprawling economic package passed by the U.S. Senate this week has a certain West Virginia flavor.
The package, passed with no Republican votes, could be read largely as an effort to help West Virginia look to the future without turning away entirely from its roots.
The bill contains billions in incentives for clean energy — while also offering renewed support for traditional fuel sources such as coal and natural gas — as well as big boosts for national parks and health care for low-income people and coal miners with black lung disease. That’s no accident. Most provisions were included as the price the Democrats had to pay to win the all-important support of Sen. Joe Manchin of West Virginia, who says they will help folks back home.
Oil shipments from Russia resume to Czechia
PRAGUE (AP) — Oil shipments from Russia through a critical pipeline to Czechia resumed Friday after more than a week, the Czech pipeline operator Mero said. Czechia became the last central European country after Slovakia and Hungary to receive deliveries from...
Judge revives Obama-era ban on coal sales from US lands
Chief Judge Brian Morris, the judge whose rulings were a major factor in the killing of the Keystone XL pipeline project, has reinstated an Obama-era moratorium on coal leasing from federal lands.
Canada considered jobs, inflation in decision to return Russian turbine: documents
Global Affairs Canada considered the impact on Canadian jobs and global inflation when making a decision to return a turbine being repaired in Montreal to a Russian energy giant, a newly released document shows.
The “memorandum for action” prepared by Global Affairs recommended Foreign Affairs Minister Mélanie Joly grant a permit exempting Siemens Canada from sanctions against Russia and allow it to return the equipment for use in a pipeline carrying gas to Germany.
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