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Oil & Gas

Enbridge books Q4 loss due to goodwill impairment charge

Oil Price Canada’s pipeline operator Enbridge (NYSE: ENB) reported on Friday a loss for the fourth quarter of 2022, compared to a profit for the...

Biden Administration’s Postponement of Oil, Gas Lease Sales to Be Defended by Conservation Groups

CASPER, Wyo.— Seventeen conservation groups represented by Earthjustice and the Western Environmental Law Center moved to intervene today to defend the Biden administration’s 2021...

Climate crisis tide turns for big oil

Oil Price Constant accusations of knowing the effects of their products on the environment and lawsuits have become constant companions of oil companies in the...

Investment Group Presses European Banks To Stop Funding Oil And Gas Projects

Nonprofit ShareAction has urged five large European banks to stop funding oil and gas projects, warning they will jeopardize the...

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