World News
Venezuela’s oil industry is in ruins. Reviving it won’t be easy
[ad_1] CABIMAS, Venezuela — The pumps that brought prosperity from deep in the Earth’s crust are now mostly rusted relics of a storied past. The…
Tag: Big Oil
Business
Trump’s strike on Venezuela gives the U.S. 30% of the world’s oil reserves on paper and a $100 billion rebuilding job in reality | Fortune
[ad_1] President Donald Trump’s plans to restore Venezuela’s beleaguered oil industry faces a series of challenges that will cost U.S. oil companies many billions…
Business
Mark Carney says Canada’s trading relationship with the U.S. was ‘once a strength,’ but ‘now a weakness’ | Fortune
[ad_1] TORONTO (AP) — Canadian Prime Minister Mark Carney and the premier of Canada’s oil rich province of Alberta agreed Thursday to work toward building a…
Los Angeles, California Local News
Newsom calls Legislature into special session after lawmakers reject his latest salvo at Big Oil
[ad_1] SACRAMENTO — Gov. Gavin Newsom called California lawmakers into a special session Saturday after Assembly Democrats pushed back on his request to approve new…
Business
Austin-based company fined for flaring that led to 7.6 million pounds of excess gases known to cause respiratory issues
[ad_1] New Mexico has reached a record settlement with a Texas-based company over air pollution violations at natural gas gathering sites in the Permian…