News tagged with oil industry

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Hopes, fears, doubts surround Cuba's oil future

One of the most prolific oil and gas basins on the planet sits just off Cuba's northwest coast, and the thaw in relations with the United States is giving rise to hopes that Cuba can now get in on the action.

Dec 20, 2014
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Trade group sues over polar bear critical habitat

(AP) -- An Alaska petroleum industry trade group has sued the federal government over its designation of 187,157 square miles as polar bear critical habitat, claiming it covers too much territory and could cost tens of millions ...

Mar 04, 2011
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US Senate votes down ethanol subsidies

The US Senate voted Thursday to end a $6 billion subsidy for ethanol in a move that appeared largely symbolic but sends a message about the growing unease on support for the biofuel made mostly from corn.

Jun 17, 2011
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Deepwater mystery: Oil loose in the Gulf

(AP) -- Streaming video of oil pouring from the seafloor and images of dead, crude-soaked birds serve as visual bookends to the natural calamity unfolding in the Gulf of Mexico.

May 31, 2010
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