Latest Oil and gas industry News

California governor, lawmakers near deal on gas tax rebate

Jun. 24, 2022 23:34 PM EDT

SACRAMENTO, Calif. (AP) — Most California taxpayers would get hundreds of dollars in cash to help offset the high price of fuel and other goods under a tentative budget compromise being discussed by legislative leaders and Gov. Gavin Newsom. The plan would return a portion of...

Solidarity behind Ukraine's Russia fight atop summit agendas

Jun. 24, 2022 14:06 PM EDT

WASHINGTON (AP) — Back-to-back world leader summits in Europe opening this weekend will focus on uniting Western nations behind Ukraine in its fight against Russia's invasion and overcoming Turkey's opposition to NATO membership for Finland and Sweden. The Group of Seven leading...

Court rejects pipeline's request for new panel of judges

Jun. 24, 2022 13:07 PM EDT

ROANOKE, Va. (AP) — A federal appeals court has denied a request from a company building a natural gas pipeline in Virginia and West Virginia to have a new panel of judges reconsider permits that have been struck down repeatedly . The 4th U.S. Circuit Court of Appeals denied the...

EU leaders tackle inflation, energy shocks from Russia's war

Jun. 24, 2022 12:33 PM EDT

BRUSSELS (AP) — A day after endorsing Ukraine's candidacy to join the European Union, the bloc's leaders turned their attention Friday to the severe economic turbulence from Russia’s war in the neighboring country as the conflict's full impact sinks in and the threat of recession rises. ...

Kentucky governor declares emergency over high gas prices

Jun. 23, 2022 20:37 PM EDT

FRANKFORT, Ky. (AP) — Gov. Andy Beshear took action Thursday to combat any signs of price gouging at the pump, touting it as a consumer protection measure amid sky-high gas prices straining Kentuckians' budgets. The Democratic governor signed an executive order declaring a state of...

Protesters want Murphy to deny future fossil fuel projects

Jun. 23, 2022 18:30 PM EDT

TRENTON, N.J. (AP) — Hundreds of protesters marched on New Jersey's Capitol on Thursday, urging Gov. Phil Murphy to deny permits to any future project that involves the burning of fossil fuels. Environmentalists and advocates of environmental justice listed a litany of proposed...

Oil industry says Granholm meeting sends 'positive signal'

Jun. 23, 2022 18:20 PM EDT

WASHINGTON (AP) — An oil industry meeting with Energy Secretary Jennifer Granholm to lower gas prices and boost domestic oil supplies was constructive, but did not produce a major breakthrough, administration and industry officials said Thursday. The closed-door meeting came as...

Editorial Roundup: West Virginia

Jun. 23, 2022 18:13 PM EDT

Parkersburg News and Sentinel. June 21, 2022. Editorial: Budgets: Accurate, fair numbers are important With plenty of crowing out of Charleston about financial successes such as nearly $1.2 billion in surplus tax collections, lawmakers are right to wonder how matters...

In Colorado, a GOP rarity: An abortion rights candidate

Jun. 23, 2022 15:54 PM EDT

DENVER (AP) — Joe O’Dea stood before hundreds of social conservatives and uttered words they were unaccustomed to hearing from a Republican candidate, let alone someone running for the U.S. Senate: “I know my position on abortion isn’t the same as all of yours.” O'Dea, a...

Nigerians blame fuel shortage on Ukraine war, fixed prices

Jun. 23, 2022 14:55 PM EDT

ABUJA, Nigeria (AP) — Nigeria is grappling with widespread fuel shortages that are forcing motorists to spend hours in lines to buy gas and causing prices to surge for transportation and basic commodities. Russia’s war in Ukraine has caused prices to import fuel go up by more...