WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said there's "no guarantee'' the central bank can tame runaway inflation without hurting the job market.
FRANKFURT, Germany (AP) — OPEC and allied oil-producing countries decided Tuesday to pump more oil to the world economy amid hope that travel and demand for fuel will hold up despite the rapid spread of the omicron variant of COVID-19.
Washington, D.C. -- Senators James Lankford, R-Oklahoma, and Roger Marshall, M.D, R-Kansas, led a group of colleagues in introducing the Marginal Well Protection Act to prevent the Environmental Protection Agency (EPA) from levying excessive methane emission fees for wells that produce less …
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JEMISON, Ala. (AP) — Nearly two dozen FedEx packages have been found dumped in woods along a rural road in an Alabama town about 75 miles from a ravine where hundreds of undelivered FedEx parcels previously were discovered, police said Wednesday.
Dallas & Oklahoma City -- Dallas-based Energy Transfer LP (NYSE: ET) and Oklahoma City-based Enable Midstream Partners, LP (NYSE: ENBL) on Tuesday (December 2) announced the completion of their previously announced merger. The terms of agreement were approved earlier this year by Enable’…
WASHINGTON (AP) — Boasting about his $1 trillion infrastructure package, President Joe Biden overstated its reach by claiming it would result in 500,000 electric vehicle charging stations and meet his pledge to nudge half of U.S. drivers into EVs by decade’s end.
LONDON (AP) — BP reported soaring profits Tuesday on the back of surging oil and gas prices as the global economy recovers from the coronavirus pandemic. The British energy giant also warned that gas markets would remain "tight" over the coming months, which will likely further pressure hous…
WASHINGTON (AP) — The chairwoman of the House Oversight Committee issued subpoenas Tuesday to top executives of ExxonMobil, Chevron and other oil giants, charging that the companies have not turned over documents needed by the committee to investigate allegations that the oil industry concea…
All-stock transaction at a fixed exchange ratio of 0.50 PSX shares for each PSXP common unitSimplifies governance and corporate structureTransaction expected to close in the first quarter of 2022HOUSTON--(BUSINESS WIRE)-- Phillips 66 (NYSE: PSX) and Phillips 66 Partners (“PSXP” or the “Partn…
BILLINGS, Mont. (AP) — U.S. government regulators for the first time will analyze greenhouse gas emissions from oil and gas drilling on federal lands on a national scale, as the Biden administration steps up efforts to address climate change, the Interior Department said Friday.