Tag: Oil (Petroleum) and Gasoline

After 30 Years, Kazakhstan Gets a New Ruler. Sort Of.

At a time when would-be autocrats around the world are doing what they can to stay on the throne, the reigning master of their breed, Kazakhstan’s Nursultan Nazarbayev, unexpectedly announced his retirement as president after a mere 30 years. What gives? Most likely not much. Mr. Nazarbayev may no longer be “president,” but among the […]

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Obama-Era Oil Leases Broke the Law by Not Assessing Climate Impact, Judge Rules

Want climate news in your inbox? Sign up here for Climate Fwd:, our email newsletter. WASHINGTON — The Obama administration violated federal law by failing to adequately take into account the climate change impact of leasing public land for oil gas drilling in Wyoming, a federal judge ruled Tuesday. But the decision by the United […]

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Trump Administration Loosens Sage Grouse Protections, Benefiting Oil Companies

Want climate news in your inbox? Sign up here for Climate Fwd:, our email newsletter. WASHINGTON — The Trump administration on Friday finalized its plan to loosen Obama-era protections on the habitat of the sage grouse, an imperiled ground-nesting bird that roams across 10 oil-rich Western states. The plan, which would strip away protections for […]

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John Hickenlooper Says He Is Running in 2020, Citing a ‘Crisis of Division’

DENVER — John Hickenlooper, the two-time Colorado governor and former brewpub owner who has overseen Colorado’s remarkable economic expansion, declared his candidacy for president on Monday. Mr. Hickenlooper, 67, a socially progressive, pro-business Democrat who has called himself an “extreme moderate,” had long said he was considering a run, and […]

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John Hickenlooper, Former Colorado Governor, Declares Candidacy for President

John Hickenlooper, the two-time Colorado governor and former brewpub owner who has overseen Colorado’s remarkable economic expansion, declared his candidacy for president on Monday. Mr. Hickenlooper, 67, a socially progressive, pro-business Democrat who has called himself an “extreme moderate,” had long said he was considering a run, and made early […]

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Trump Chooses David Bernhardt, a Former Oil Lobbyist, to Head the Interior Dept.

Want climate news in your inbox? Sign up here for Climate Fwd:, our email newsletter. WASHINGTON — President Trump on Monday announced he would nominate David Bernhardt, a former oil lobbyist and current deputy chief of the Interior Department, to succeed Interior Secretary Ryan Zinke, who resigned amid allegations of […]

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Venezuela’s Best Path to Democracy? Pay Off the Military

It was surely no accident that on Jan. 23, the Venezuelan opposition leader Juan Guaidó declared himself the country’s legitimate president. That challenge to President Nicolás Maduro occurred on the anniversary of a military coup in 1958 that ended a decade of dictatorship and ushered in an era of Venezuelan […]

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Deadly Mexico Pipeline Disaster Poses Major Test for New President

MEXICO CITY — Word spread quickly: free gasoline. It was spewing from a pipeline, through a hole punched by fuel thieves. People — as many as 900, by some estimates — flocked to the rupture, many carrying containers to fill. But just as quickly, the apparent windfall on Friday turned […]

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Mexico Explosion Kills 66 After Thieves Rupture Pipeline

MEXICO CITY — Mexico’s president vowed on Saturday to redouble his fight against an epidemic of chronic fuel theft after thieves punctured a gas pipeline north of Mexico City, causing an explosion that killed at least 66 people and injured 76 others. The blast underscored the deadly perils of the […]

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Mexico Leader Promises Crackdown on Fuel Theft After Deadly Pipeline Blast

MEXICO CITY — Mexico’s president vowed on Saturday to redouble his fight against an epidemic of chronic fuel theft after thieves punctured a gas pipeline north of Mexico City, causing an explosion that killed at least 21 people and injured 71 others. The blast underscored the deadly perils of the […]

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6 People Killed in Fiery Crash on Florida Highway, Authorities Say

At least six people were killed and several injured on Thursday afternoon in a fiery crash in northern Florida in which two tractor-trailers, a van and a car collided, the authorities said. The crash occurred on I-75 near Gainesville, Fla., at about 3:40 p.m., according to a news release from […]

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Interior Dept. Moves Toward Selling Oil Leases in Arctic Refuge

Want climate news in your inbox? Sign up here for Climate Fwd:, our email newsletter. The Interior Department on Thursday took a key step toward allowing oil and gas drilling in a pristine wildlife refuge in Arctic Alaska, putting forth proposals it said would protect the animals there but that […]

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Stocks Rise Ahead of Fed Decision That Could Signal Slowdown in Interest Rate Hikes

And now, the wait Stocks were modestly higher on Wednesday as investors awaited the outcome of the latest meeting of Federal Reserve policymakers. It is widely expected that the Fed will raise interest rates again, by a quarter-point, following a two-day meeting of the Federal Open Market Committee. But policymakers […]

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Ryan Zinke, Into the Sunset

Ryan Zinke, the secretary of the Interior Department, is the second devoted cheerleader for President Trump’s ill-conceived strategy of “energy dominance” to be ushered out the door. The first was Scott Pruitt, the administrator of the Environmental Protection Agency. Like Mr. Pruitt, Mr. Zinke leaves under a cloud of possible […]

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Why Is Qatar Leaving OPEC?

The surprising declaration by Qatar about leaving OPEC on Jan. 1 is a strategic response by the country to a changing energy landscape and the 18-month old ongoing boycott of Qatar by Saudi Arabia, United Arab Emirates, Bahrain and Egypt. Qatar’s decision to move away from a regionwide consensus among […]

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OPEC and Allies, Defying Trump, Agree to Cut Oil Output to Prop Up Prices

VIENNA — OPEC and its oil-producing allies, moving to prop up falling prices, agreed on Friday to cut production levels by 1.2 million barrels a day despite pressure from President Trump to maintain output at current levels for the benefit of American consumers. Saudi Arabia, OPEC’s de facto leader, will […]

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Saudis to Press OPEC for a Million-Barrel Cut in Oil Production

VIENNA — Saudi Arabia is poised to advocate that OPEC cut oil production by about a million barrels a day — roughly 1 percent of the global oil supply — as the group begins discussions on Thursday on ways to keep supply and demand in balance. Khalid al-Falih, the Saudi […]

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Greenhouse Gas Emissions Rise Like a ‘Speeding Freight Train’ in 2018

Want climate news in your inbox? Sign up here for Climate Fwd:, our email newsletter. The world’s greenhouse gas emissions are rising at a faster pace in 2018 than they did last year, researchers said Wednesday, the latest evidence that planet-warming pollution is proliferating again after a three-year lull in […]

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As OPEC Meets, Sizing Up Its Power and Its Politics

VIENNA — On Thursday, over 200 oil industry representatives, financial analysts and journalists are expected to crowd into a basement auditorium at the headquarters of the Organization of the Petroleum Exporting Countries. It is a tricky time for OPEC at its twice-yearly gathering, and, more important, for the oil industry […]

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France’s Yellow Vest Protests: A Briefing on the Movement That Has Put Paris on Edge

PARIS — The broken glass and empty tear gas canisters have been swept away and the graffiti scrubbed off the major monuments, among them the Arc de Triomphe, after a weekend of violent protests in the capital by a grass-roots movement that calls itself the Yellow Vests. It was the […]

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Qatar Says It Will Withdraw From OPEC

BEIRUT, Lebanon — The tiny, wealthy Persian Gulf state of Qatar will withdraw from the Organization of the Petroleum Exporting Countries in January, the country’s energy minister said on Monday. The minister, Saad Sherida al-Kaabi, said the move would allow Qatar to focus on its gas industry and dismissed the […]

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