Energy in America

Mexican and European countries are allegedly involved in Venezuelan oil in defiance of U.S. sanctions.

The Trump administration has approved construction of the country's largest-ever solar installation.

Saudi oil giant Aramco may cut its dividend to the Saudi government, but is likely to maintain payouts to minority shareholders as a plunge in crude prices shrinks first-quarter profits, analysts said.

Before the coronavirus hit, America was the number one natural gas producer in the world.

California regulators on Thursday suspended a $200 million fine that Pacific Gas & Electric was supposed to pay as punishment for the utility's neglect of electrical equipment that ignited a series of deadly wildfires in Northern California.

The U.S. investment firm, which has more than $54 billion in private equity assets under management, has committed or invested some $13 billion into energy over the last decade.

Hess reported a quarterly loss Thursday after a coronavirus-induced drop in demand for oil and gas.

The request from the Interstate Oil and Gas Compact Commission, a consortium of 31 states, comes as the coronavirus pandemic triggers a historic downturn in crude oil prices and fuel consumption.

Occidental Petroleum Corp on Tuesday reported that it swung to a loss in the first quarter on write-downs, and the troubled oil producer cut its budget for the third time since March in response to the historic crash of oil prices.

Texas energy regulators on Tuesday said they will not mandate oil production cuts, ending a month-long debate about whether or not they would wade into global oil politics for the first time in 50 years as crude prices crater to historic lows.

Oil prices have doubled as production cuts kick in and demand is slowly coming back.

Marathon Petroleum Corp. reported a more than $9 billion loss in the first quarter as the company logged over $12 billion in noncash impairments.