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How the US Supreme Court Could Hobble Biden's Climate Efforts
2022-06-29 - The states have argued that the EPA exceeded its authority by trying to regulate CO2 under the Clean Air Act, which could have vast economic impacts.
US Seizes Iranian Oil Cargo Near Greek Island
2022-05-26 - The U.S. will send Iranian oil confiscated from a Russian-operated and Iranian-flagged tanker to the U.S. The ship was impounded as part of EU sanctions on Russia for the invasion of Ukraine but later released.
Under US Sanctions, Iran and Venezuela Sign 20-year Cooperation Plan
2022-06-13 - The 20-year plan between Iran and Venezuela includes cooperation in the fields of oil, petrochemicals, defense, agriculture, tourism and culture plus the repair of Venezuelan refineries and the export of technical and engineering services.
Exxon Challenges California County's Denial of Oil Trucking Permit
2022-05-16 - Exxon asserts that the board's action effectively prevents the company from restarting three offshore drilling platforms and refinery operations shut down.
EU Aims to End Use of Russian Oil, Gas By 2027
2022-04-26 - The EU also plans cut its growth estimates for 2022 from a previous target of 4%.