The Supreme Court on Monday declined to hear an argument that aimed to restrict states from suing oil companies for financial damage related to climate change. The argument was brought to the high court by 19 Republican attorneys general, representing states including Alabama and West Virginia, who were trying to prevent other states, led by…
BP, the energy giant, on Wednesday said it would increase spending on oil and gas while sharply paring back investments on various forms of clean energy. The move, described as a “reset,” appears to be a response to a combination of investor pressure for higher returns and a realization that the so-called energy transition to…
Kremlin officials are dangling the prospect of lucrative investment deals for American energy companies, apparently seeking to convince President Trump that large economic gains could come from siding with Moscow in ending the war in Ukraine and scrapping economic sanctions on Russia. There is no doubt that Russia has vast troves of oil and natural…