oil

ANWR porcupine caribou

Drilling in the Arctic National Wildlife Refuge is more likely now than ever before

The fierce debate over oil drilling in the Arctic National Wildlife Refuge is decades old. Now, the possibility is closer to reality, due to a rider on budget measures passed by the US House and Senate.

Drilling in the Arctic National Wildlife Refuge is more likely now than ever before
Former Exxon Mobil Corp. CEO Rex Tillerson was an outspoken critic of the rule designed to prevent bribery.

In a victory for the oil industry, Congress makes it easier to pay bribes for drilling rights

In a victory for the oil industry, Congress makes it easier to pay bribes for drilling rights
Oil facilities at Venezuela's western Maracaibo lake November 5, 2007.

Rex Tillerson's long, troubled history in Venezuela

Rex Tillerson's long, troubled history in Venezuela
In a market in Abuja, a vendor named Abba shows me a puny tomato that was selling for 10 times the usual price. Some Nigerians have been calling tomatoes “Buhari’s gold,” after the president.

How a tomato shortage has Nigerians questioning their reliance on oil

How a tomato shortage has Nigerians questioning their reliance on oil
Mississippi Delta aerial view

Land restoration on the Gulf Coast is showing some progress

Land restoration on the Gulf Coast is showing some progress
Gulf lease protest

Louisianans rally against new Gulf oil leases

In the wake of the Deepwater Horizon accident, Louisiana residents are being far more cautious about oil and gas drilling in their state.

Louisianans rally against new Gulf oil leases
Does oil production cause misery?

Cursed by oil? Academic says production often leads to misery.

Is oil exporting a curse? Not necessarily, but there is something about oil that is very dangerous to a producing country's people, says an academic with a new book on the subject.

Cursed by oil? Academic says production often leads to misery.
Shell Can't swim sign

Shell Oil faces a lawsuit in the UK over oil spills in Nigeria

Environmental campaigns often court trouble when they oppose global companies that want to extract lucrative resources, and there’s no more extreme example than the Niger Delta, where oil companies have drilled since the 1950s.

Shell Oil faces a lawsuit in the UK over oil spills in Nigeria
A worker pumps gas into a vehicle at a gas station, which belongs to Venezuela's state oil company PDVSA, in Caracas, on Feb. 12, 2016.

Venezuela's 6,000-percent gas price hike has a global origin

Given President Nicolás Maduro is already fighting for his political survival, it might seem crazy of him to meddle with such a sensitive issue as the cost of gas. Venezuelans are already dealing with triple-digit inflation.

Venezuela's 6,000-percent gas price hike has a global origin
Cauliflower

Forget the canary, in Canada there's a cauliflower in the coal mine

What's the link between $8 cauliflower in Canada and the drop in oil prices? Why aren't low oil prices a boon for consumers?

Forget the canary, in Canada there's a cauliflower in the coal mine
A customer holds a nozzle to fill up his tank in a gasoline station in Nice December 5, 2014.

How do low oil prices affect life where you live?

The low oil prices is having a big impact on many industries and aspects of our lives. We want to hear from you? What's the low oil price mean where you live?

How do low oil prices affect life where you live?
Oil Derrick

Why this analyst thinks we could be seeing the beginning of the end of cheap oil

Oil prices have cratered — and they continue to fall. But this analyst says we may finally have reached the end of cheap oil, with prices back in the triple digits by 2017.

Why this analyst thinks we could be seeing the beginning of the end of cheap oil
A fighter from Misrata shouts to his comrades as they move to fight Islamic State militants near Sirte.

ISIS brings in millions and the US is all but helpless to stop it.

Hint: it's not just oil money.

ISIS brings in millions and the US is all but helpless to stop it.
Opponents of the Keystone XL oil pipeline planned to run from the Alberta tas sands to refineries in the US finally got their wish on Friday when president Obama pulled the plug on the project.

With Keystone down and Exxon under investigation, it's been a tough week for the oil business

On Thursday, word came that ExxonMobil is being investigated for possibly misleading shareholders on the risks climate change poses to its business. On Friday, President Obama killed the Keystone XL oil pipeline to the US from Canada, citing the threat of climate change from burning fossil fuels. The oil business has seen worse weeks, but perhaps not many.

With Keystone down and Exxon under investigation, it's been a tough week for the oil business
Pump jacks

Fracking in the Bakken comes with a high human cost

On average, one person dies every six weeks working on Bakken Shale oil extraction. While the jobs pay well and still draw thousands to remote sections of the Dakotas, those jobs come with a price, even for those who survive.

Fracking in the Bakken comes with a high human cost