Oil and gas companies in the United States are bracing for the possibility that President Trump will thrust their businesses into disarray and will drive up prices at the pump by imposing 25 percent tariffs on goods from Canada and Mexico. The United States is the world’s largest oil producer, but the country’s refineries are…
A court in Scotland blocked the production of oil and gas on Thursday at two large project sites being developed in British waters until their impact on climate change can be assessed. The decision was a blow for the sites’ developers, Shell and the Norwegian company Equinor, which have already spent or committed hundreds of…
The artificial intelligence boom has turbocharged demand for electricity, and everyone who is anyone in the U.S. energy industry wants a piece of the action. The latest entrant is Chevron, the country’s second-largest oil and gas company, which sees opportunity in building natural gas-fueled power plants that will feed energy directly to data centers. Chevron…
President Trump is swinging American energy policy sharply in favor of fossil fuels, but oil and gas companies say those changes won’t push them to engage in the frenzy of new drilling that Mr. Trump wants. The oil industry is thrilled by Mr. Trump’s executive orders, which are designed to make life harder for renewable…
At their confirmation hearings on Wednesday, the two men in line to oversee the United States’ global energy policies, Senator Marco Rubio and the fossil fuel executive Chris Wright, are expected to assail President Biden as overly concerned with climate change. According to a spokeswoman, Mr. Wright, who was picked to lead the Department of…
Chris Wright, Donald J. Trump’s pick to lead the Department of Energy, landed the job during his first encounter with the past and future president. The founder and chief executive of Liberty Energy, a fracking services company based in Colorado, Mr. Wright was among about 20 oil and gas executives whom Mr. Trump gathered at…
For years, as oil and gas companies increased production, they hired lots of workers, enriching communities across the United States. That is no longer true. The country is pumping more oil than ever and near-record amounts of gas. But the companies that extract, transport and process these fossil fuels employ roughly 25 percent fewer workers…
Harold G. Hamm, the billionaire oil and gas executive who helped bankroll Donald J. Trump’s campaign and stands to profit from his energy policies, is hosting an exclusive fossil fuel industry celebration on Inauguration Day. The daytime party on the roof of the historic Hay-Adams Hotel, a block from the White House, will be a…
America’s efforts to cut its climate change pollution stalled in 2024, with greenhouse gas emissions dropping just a fraction, 0.2 percent, compared to the year before, according to estimates published Thursday by the Rhodium Group, a research firm. Despite continued rapid growth in solar and wind power, emissions levels stayed relatively flat last year because…
America’s efforts to cut its climate change pollution stalled in 2024, with greenhouse gas emissions dropping just a fraction, 0.2 percent, compared to the year before, according to estimates published Thursday by the Rhodium Group, a research firm. Despite continued rapid growth in solar and wind power, emissions levels stayed relatively flat last year because…