Oil

Officials arrested a cargo ship captain for gross negligence manslaughter after the ship collided with a US oil tanker in the North Sea.

Cargo ship captain arrested after fiery North Sea tanker crash

The Supreme Court has declined to intervene in a legal dispute involving nearly half of the nation’s states over the issue of climate change.

SCOTUS will not hear climate change case involving almost half of U.S. states

President Trump is pulling out of an agreement allowing oil company Chevron to drill and refine oil in Venezuela.

Trump pulls Biden-era Venezuelan oil deal over immigration, elections

Russia reportedly earned nearly $254 billion from fossil fuel exports in 2024, with Western nations contributing to that revenue.

Russia made $254B from fossil fuel exports, the West contributed to that total

Over 20 states have filed a federal lawsuit against New York, challenging the constitutionality of the Climate Change Superfund Act.

More than 20 states sue New York over Climate Change Superfund Act

Ukraine's drone strikes on Russian energy facilities target refineries and pipelines, disrupting crude shipments and pressuring Moscow.

Ukraine strikes at Russia’s economic heart, oil refineries in flames

Mongolia is increasing its coal exports to China as part of a broader effort to strengthen energy cooperation with International partners.

Mongolia to up coal exports to China by 20% in 2025, expand energy sector

Trump signed an executive order establishing the National Energy Dominance Council, which aims to accelerate US fossil fuel production.

Trump’s new energy council aims to ramp up natural gas, cut regulations

The Trump administration has reopened oil and gas leasing across hundreds of millions of acres of federal lands and waters.

Trump administration reopens hundreds of millions of acres for oil drilling

President Donald Trump imposes 25% tariffs on Canada and Mexico, effective Feb. 1, citing unfair oil prices and fentanyl smuggling concerns.

Trump may not include oil in 25% tariffs on Canada, Mexico

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