One of the U.S. oil lobby’s top priorities for 2026 will be trying to put an end to the growing number of state laws and lawsuits that could make fossil fuel companies pay billions for their role in the climate crisis. The plans to “protect” oil companies from “abusive state climate lawsuits” were laid out in a policy agenda from the American Petroleum Institute, the largest oil and gas trade…
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The first US sale of Venezuelan oil since the Trump administration illegally attacked the South American country earlier this month went to the company of a trader who donated millions to President Donald Trump’s 2024 campaign. The roughly $250 million sale of Venezuelan crude went to Vitol, a Geneva-based energy and commodity trading firm whose US arm is headquartered in Houston.
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President Donald Trump started his second term with his sights set on Greenland. When Trump first proposed buying the Arctic nation during his first administration, it was treated like a joke. But in a subsequent phone call with Denmark’s prime minister, who controls the autonomous territory’s foreign policy, the president doubled down on his efforts to seize power. In the “aggressive and…
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For months, U.S. President Donald Trump proclaimed that his pressure campaign against the government of Venezuelan President Nicolás Maduro, backed by dozens of illegal killings through drone strikes, was about fighting drugs and cartels. But at his press conference after the U.S. abduction of Maduro, Trump couldn’t stop talking about oil. “We’re gonna take back the oil,” Trump brazenly said.
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In another dire escalation, the U.S. has reported the seizure of a Russian-flagged oil tanker in the northern Atlantic Ocean that the military has been pursuing for weeks, citing ties to Venezuela and the Trump administration’s illegal blockade of that country. The Pentagon’s European Command announced the operation on Wednesday morning, and Russian media also reported that the vessel had…
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On Saturday morning, John Beard woke up to news that he’d been dreading, but preparing for: A global oil crisis could hit closer to home in Texas. The southeastern part of the state is home to more than a dozen oil refineries, and he’d spent decades working at one of them. But after attending more funerals than he could count for loved ones that died from cancer, he began to feel differently…
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