Oil

Mauritius races to contain oil spill, protect coastline

An estimated 1 ton of oil from the Japanese ship's cargo of 4 tons has already escaped into the sea, officials said. Workers were seeking to stop more oil from leaking, but with high winds and rough seas on Sunday there were reports of new cracks to the ship's hull.

Exxon Mobil Posts second consecutive quarterly loss

Exxon Mobil Corp. recorded its second consecutive quarterly loss as lower oil and gas prices sapped production gains and the decimation in global travel crimped fuel demand amid the coronavirus pandemic.

Trump touts America's energy independence in Texas

President Trump visited Texas Wednesday to tout America’s energy independence and sign four permits that will allow for the construction of pipelines and railway infrastructure on the southern border.

Trump to visit Double Eagle Energy oil rig in Texas

President Trump is expected to deliver remarks on how the U.S. is achieving energy dominance by cutting regulations, simplifying permitting, and encouraging private investment in energy infrastructure.