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Tag: Energy and utilities regulation

California lawmakers to meet, eye big oil’s high gas prices

California lawmakers to meet, eye big oil’s high gas prices

December 4, 2022December 4, 2022 · Finance

SACRAMENTO, Calif. — Furious about oil companies’ supersized profits after a summer of record-high gas prices, California Gov. Gavin Newsom on Monday will formally start his campaign to…

Read more California lawmakers to meet, eye big oil’s high gas prices
Los Angeles City Council votes to ban oil and gas drilling

Los Angeles City Council votes to ban oil and gas drilling

December 3, 2022December 3, 2022 · Breaking News

__ The Los Angeles City Council voted unanimously on Friday to ban drilling of new oil and gas wells and phase out existing ones over the next 20…

Read more Los Angeles City Council votes to ban oil and gas drilling
G-7 joins EU on -per-barrel price cap on Russian oil

G-7 joins EU on $60-per-barrel price cap on Russian oil

December 2, 2022December 4, 2022 · Finance

WASHINGTON — The Group of Seven nations and Australia joined the European Union on Friday in adopting a $60-per-barrel price cap on Russian oil, a key step as…

Read more G-7 joins EU on $60-per-barrel price cap on Russian oil
Los Angeles City Council votes to ban oil and gas drilling

Los Angeles City Council votes to ban oil and gas drilling

December 2, 2022December 2, 2022 · US News

The Los Angeles City Council voted unanimously on Friday to ban drilling of new oil and gas wells and phase out existing ones over the next 20 years.…

Read more Los Angeles City Council votes to ban oil and gas drilling
EU edges closer to -per-barrel Russian oil price cap

EU edges closer to $60-per-barrel Russian oil price cap

December 1, 2022December 1, 2022 · World News

BRUSSELS — The European Union was edging closer to setting a $60-per-barrel price cap on Russian oil — a highly anticipated and complex political and economic maneuver designed…

Read more EU edges closer to $60-per-barrel Russian oil price cap
EXPLAINER: What’s the effect of Russian oil price cap, ban?

EXPLAINER: What’s the effect of Russian oil price cap, ban?

November 24, 2022November 24, 2022 · Finance

FRANKFURT, Germany — Western governments are aiming to cap the price of Russia’s oil exports in an attempt to limit the fossil fuel earnings that support Moscow’s budget,…

Read more EXPLAINER: What’s the effect of Russian oil price cap, ban?
EXPLAINER: What’s the effect of Russian oil price cap, ban?

EXPLAINER: What’s the effect of Russian oil price cap, ban?

November 24, 2022November 24, 2022 · World News

FRANKFURT, Germany — Western governments are aiming to cap the price of Russia’s oil exports in an attempt to limit the fossil fuel earnings that support Moscow’s budget,…

Read more EXPLAINER: What’s the effect of Russian oil price cap, ban?
Los Angeles City Council votes to ban oil and gas drilling

EU approves ban on new combustion-engine cars from 2035

October 27, 2022October 27, 2022 · World News

BRUSSELS — The European Parliament and EU member countries have reached a deal to ban the sale of new gasoline and diesel cars and vans by 2035. EU…

Read more EU approves ban on new combustion-engine cars from 2035
EXPLAINER: How will OPEC+ cuts affect gas prices, inflation?

EXPLAINER: How will OPEC+ cuts affect gas prices, inflation?

October 7, 2022October 7, 2022 · Finance

FRANKFURT, Germany — Major oil-producing countries led by Saudi Arabia and Russia have decided to slash the amount of oil they deliver to the global economy. And the…

Read more EXPLAINER: How will OPEC+ cuts affect gas prices, inflation?
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