Latest Energy subsidies News

Oil giant Total withdraws from US energy lobbying group

Jan. 15, 2021 1:57 PM EST

PARIS (AP) — French oil and gas company Total said it has decided to withdraw from energy association American Petroleum Institute because it disagrees on climate-related policies. Total said in a statement Friday it would not renew its membership for 2021 following an analysis of API's position on climate...

FILE - In this file photo released on April 7, 2019, by the Syrian official news agency SANA, shows vans queuing to fill their tanks with fuel, at a gas station in Daraa, south Syria.  On Sunday, Jan. 10, 2021, Syria’s petroleum ministry blamed U.S. sanctions for forcing it to cut by up to 24% its distribution of fuel and diesel because of delays in arrival of needed supplies. (SANA via AP, File)

Syria temporarily cuts supplies of fuel to meet shortages

Jan. 10, 2021 9:12 AM EST

DAMASCUS, Syria (AP) — Syria’s petroleum ministry on Sunday blamed U.S. sanctions for forcing it to cut by up to 24% its distribution of fuel and diesel because of delays in arrival of needed supplies. The war-ravaged nation already is facing a severe economic crisis that has caused major shortages...

FILE - In this Sept. 11, 2019, file photo, is an aerial view of Lake Powell on the Colorado River along the Arizona-Utah border. A set of guidelines for managing the Colorado River helped several states through a dry spell, but it's not enough to keep key reservoirs in the American West from plummeting amid persistent drought and climate change, according to a U.S. report released Friday, Dec. 18, 2020. (AP Photo/John Antczak, File)

Congress takes aim at climate change in massive relief bill

Dec. 21, 2020 7:54 PM EST

WASHINGTON (AP) — The huge pandemic relief and spending bill includes billions of dollars to promote clean energy such as wind and solar power while sharply reducing over time the use of potent coolants in air conditioners and refrigerators that are considered a major driver of global warming. The energy...

FILE- In this April 16, 2009 file photo, the Kuwait city skyline is seen through the haze of a sand storm in Kuwait City. Kuwait, one of the world’s wealthiest countries, is facing a debt crisis. The pandemic has sent the price of oil crashing to all-time lows and pushed Kuwait toward a reckoning with its longtime largesse for its citizens just as a parliamentary election looms in Dec. 2020. It needs the new parliament to approve raising its debt spending and passing the bill will be the first legislative challenge for Kuwait's new emir. (AP Photo, File)

Oil-rich Kuwait faces reckoning as debt crisis looms

Nov. 24, 2020 1:08 AM EST

DUBAI, United Arab Emirates (AP) — When Kuwait emerged from a monthslong coronavirus lockdown, hundreds of Kuwaitis flocked to reopened stores, the lines clogging malls, snaking through hallways and spilling onto sidewalks. But unlike much of the world, where long lines formed for donated food, Kuwaitis...