Posted on · The American oil and gas giant is "beginning the process to discontinue operations" at the Sakhalin-1 project off Russia's eastern coast. The company also says it won't make new investments in Russia.
Posted on · Oil surged past triple-digit prices for the first time since 2014. The breach of the psychologically significant milestone is bound to reinforce fears about inflation.
Posted on · The threat of war between Russia and Ukraine is driving prices sharply higher, but there's more at play than just geopolitical tensions.
Posted on · The massive storm hit near the heart of Gulf oil production and refining, which will affect prices for a few weeks. But nobody expects the kind of price spike the U.S. saw after Hurricane Katrina.
Posted on · A set of events shook the oil world this week: A tiny shareholder won a battle with Exxon, investors put pressure on Chevron and a Dutch court ordered Shell to slash emissions.
Posted on · West Texas Intermediate hit the single digits for the first time in many decades, then kept plummeting, with oil selling for less than $2 a barrel. At the start of 2020, a barrel cost around $60.
Posted on · Oil prices dropped as much as 30% following the unexpected Saudi decision to cut prices and boost production. The move reflects the uncertainty surrounding the coronavirus and its economic effects.
Posted on · On Sunday, U.S. agents fired tear gas on migrants trying to cross into the U.S. from Tijuana, Mexico. The migrants were protesting the slow pace with which the U.S. has been processing asylum claims.
Posted on · The Category 4 storm is expected to hit the Carolinas and Virginia Thursday or Friday
Posted on · The beleaguered movie theater subscription company will not be raising prices, as it had announced last week. Instead, it will institute a cap on theater visits.
Posted on · The NFL and the NFL Players Association have agreed to temporarily suspend enforcement of new rules requiring players to stand during the national anthem while discussions on the policy continue.
Posted on · The duck boat carrying 31 people capsized during a severe storm that produced gusts of at least 60 mph. Divers worked through the night on rescue and recovery operations.
Posted on · Southwest Key has, for many years, operated shelters that house unaccompanied migrant children. The family separation policy shined a spotlight on that work — and raised uncomfortable questions.
Posted on · Greitens has faced possible charges from multiple prosecutors, in two separate scandals: one about alleged sexual misconduct and blackmail, the other about accusations of campaign finance violations.
Posted on · The Trump administration says it will impose a 25 percent tariff on $50 billion of Chinese goods with "industrially significant technology." A list of products will be released in the next few weeks.