The Trump administration moved Tuesday to roll back an Obama-era finding that greenhouse gas emissions posed a threat to human health, which is essential to federal efforts to crack down on industries like Texas’s oil and gas sector.
U.S. refiners are reassessing Latin American crude sourcing strategies after President Donald Trump’s administration granted Chevron the authority to resume and expand operations in Venezuela, signaling a shift in sanctions enforcement that could revive heavy crude flows to Gulf Coast plants.
Curious Minds Corner
Which nation sits on the world’s biggest pile of proven oil?
Venezuela holds the largest volume of proven crude oil reserves.