Judge orders Enbridge to remove oil pipeline from Wisconsin tribal land within 3 years, pay $5 million
A federal judge in Wisconsin ordered energy company Enbridge on Friday to remove any sections of its Line 5 oil pipeline from a tribe's land in the state following a lawsuit.
Insurers face new minefield in climate activists’ war on oil and gas industry
Companies that insure the U.S. LNG industry are facing more pressure from climate activists, which could backfire on consumers.
Companies tout ‘net-zero’ climate targets, but few have credible plans, report finds
The Net Zero Stocktake 2023 report found that many companies and sub-national governments with "net-zero" emissions targets lack clear criteria or plans for reaching those goals.
Goldman Sachs slashes oil price forecast
Goldman Sachs lowered its 2023 outlook for crude prices by almost 10% citing a number of factors, even after Saudi Arabia's surprise production cut took the global markets off guard.
Markets are ‘not paying attention’ to Saudi Arabia’s oil output cut: Tracy Shuchart
Hilltower Resource Advisors CEO and chief market strategist Tracy Shuchart joined ‘Making Money’ to discuss the oil market as Exxon and Chevron investors continue to reject climate measures.
More US sanctions against Russia coming soon
Deputy Treasury Secretary Wally Adeyemo says the United States and allies will hit Russia with more sanctions over its invasion of Ukraine that was launched in February 2022.
Chevron CEO: Energy industry needs more ‘supportive’ policies
Chevron CEO Mike Wirth says the U.S. could be "an energy powerhouse" but needs a more supportive policy environment that encourages investment in order to do so.
Billionaire businessman's message to Democrats: If you want to get re-elected, stop screwing the consumer
United Refining Company Chairman and CEO John Catsimatidis discusses the impact Saudi Arabia's oil production cuts will have on the American consumer.
American consumers 'losing' over Saudi oil cuts: John Catsimatids
United Refining Company Chairman and CEO John Catsimatidis discusses Saudi Arabia cutting oil production, rising gas prices and the impact on American consumers.
Gas prices could spike after Saudi Arabia oil production cut
Drivers in the U.S. could soon pay more for a gallon of regular gasoline after Saudi Arabia's latest oil production cuts that were announced over the weekend.
Phil Flynn: People starting to get 'back from reality', 'angry' about ESG
Price Futures Group senior market analyst Phil Flynn joins 'Morning with Maria' to discuss the OPEC+ plus meeting, Saudi Arabia pledging production cuts and major oil companies pushing back against ESG policies.
Oil prices could soar higher as Russia, others shrug off criticism from Biden administration
OPEC and allies led by Russia are considering further cuts to oil production on top of multiple earlier cuts, threatening to send the price for oil surging higher.
Gas prices heat up ahead of Memorial Day weekend: AAA
Ahead of Memorial Day weekend, the national average cost for a gallon of gas increased to $3.57 for the week ending May 25, AAA reported.
Biden administration holds first onshore oil and gas lease sale in 11 months after repeated delays
The Department of the Interior held its first oil and gas lease sale in 11 months despite a federal statute requiring the agency to hold more regular auctions.
Climate protesters carried out of Shell shareholder meeting after flash mob: video
Climate protesters were carried out of Shell's annual general meeting in London on Tuesday after they attempted to rush the stage shouting, "Shut down Shell!"
DeSantis has 'long coattails, Donald Trump doesn't': Dan Eberhart
Canary CEO Dan Eberhart joined 'Varney & Co.' to discuss why he's supporting Florida Governor Ron DeSantis and weighs in on the government attempting to replenish the emergency oil reserve.
Climate protesters rush stage at Shell shareholder meeting
Climate protesters were carried out of Shell's shareholder meeting in London Tuesday after they attempted to rush the stage shouting, "shut down Shell."
Alaska looks toward clean energy market while still relying on oil
Alaska Gov. Mike Dunleavy is expected to tout a newly passed carbon credit offset plan during a conference this week. The governor is expected to sign the bill Tuesday.
Gas prices hold steady prior to Memorial Day weekend: AAA
The average price for a gallon of gas was $3.53 for the week ending May 18, 2023, according to AAA data. Low oil prices and a decline in demand for gas kept prices at the pump low, as more people are projected to travel for the Memorial Day weekend this year, AAA reported.
Keystone pipeline owner gives Biden's energy agenda a 'reality' check: 'Really important to present the facts'
Francois Poirier, CEO of TC Energy, the company who owned Keystone XL, says "it's clear" investors, lawmakers and consumers want clean U.S. natural gas to lower emissions and increase security.