Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans to gradually increase crude production beginning in April. Opening the taps in countries such as Saudi Arabia and Russia, which have voluntarily throttled supply to prop up prices, increases the risk that … Read more
Humans are living in a plankton world. These minuscule organisms are spread across the oceans, covering nearly three-quarters of the planet, and are among the most abundant forms of life on Earth. But a warming world is throwing plankton into disarray and threatening the entire marine food chain that is built on them. A year … Read more
The opening week of the landmark trial of Greenpeace in a multimillion-dollar lawsuit by Energy Transfer over the Dakota Access Pipeline protests did not bode well for the defense. Lawyers for Greenpeace said so themselves in a petition filed in North Dakota’s Supreme Court. They asked the court on Thursday to move the trial out … Read more
President Trump’s promise during last year’s election to make it far easier to drill for oil and gas thrilled energy executives who believed his policies would lower their costs and help them make a lot more money. Those hopes are now fading. Thanks to Mr. Trump’s tariffs, the oil and gas industry is contending with … Read more
While the Trump administration in Washington was cutting environmental programs, delegates at U.N. biodiversity talks in Rome made modest progress Thursday on a series of measures to support nature. Governments gathered to tackle global biodiversity losses that are unprecedented in human history, driven by the ways people have transformed the world. The seismic geopolitical changes … Read more
Lawyers for the pipeline company Energy Transfer and Greenpeace fired their opening salvos in a North Dakota courtroom Wednesday morning in a civil trial that could bankrupt the storied environmental group. The suit revolves around the role Greenpeace played in massive protests against construction of the Dakota Access Pipeline nearly a decade ago. The pipeline, … Read more
President Trump said on Wednesday that he would revoke a Biden-era policy that allowed more oil to be produced in Venezuela and exported, dealing a blow to the country’s government and Chevron, which produces oil there. Mr. Trump did not mention Chevron in his post on Truth Social, saying only that he would reverse concessions … Read more
President Trump’s intense interest in Ukraine’s minerals seemed to come from out of the blue. He dispatched his Treasury secretary to Kyiv this month to negotiate with Ukraine’s leader, then began ratcheting up the pressure publicly in what appeared to critics like a Mafia don’s extortion scheme. “I want security of the rare earth,” he … Read more
Formaldehyde, the chemical of choice for undertakers and embalmers, is also used in products like furniture and clothes. But it can also cause cancer and severe respiratory problems. So, in 2021, the Environmental Protection Agency began a new effort to regulate it. The chemicals industry fought back with an intensity that astonished even seasoned agency … Read more
As the Trump administration imposes deep cuts on foreign aid and renewable energy programs, the World Bank, one of the most important financiers of energy projects in developing countries, is facing doubts over whether its biggest shareholder, the United States, will stay on board. While the Trump administration has voiced neither support nor antipathy for … Read more