With Nord Stream AG, the consortium led by Russia's Gazprom completing "intial data gathering" on the pipeline's alleged sabotage in the Baltic Sea, we've put together a timeline of events on the key pipeline's leaks.
The Biden administration is moving toward a release of at least another 10 million to 15 million barrels of oil from the nation’s emergency stockpile in a bid to balance markets and keep gasoline prices from climbing further, according to people familiar with the matter.
The Strait of Hormuz has become a key battleground in the stand-off between the United States and Iran, with claims and counter-claims on either side of an argument ostensibly about oil.
The Obama administration issued the first federal regulations for fracking since the drilling technique fueled a domestic energy boom, requiring extensive disclosures of the chemicals used on public land. After years of debate and delay, the Bureau of Land Management on Friday said drillers on federal lands must reveal the chemicals they use, meet certain well construction standards and safely dispose of contaminated water that flows back from fracked wells. The oil and gas industry said the rule isn’t necessary because state regulations already govern hydraulic fracturing.