The article explains that oil companies primarily receive tax breaks, not direct subsidies, and these tax breaks are similar to those given to other industries. Oil companies contribute billions ...

Sen. James Lankford (R-OK) has introduced a bill that would change the calculus by allowing oil companies to deduct some of ...

Governments handed out a staggering $7 trillion (£5.4tn) in fossil fuel subsidies in 2022, equal to 7.1% of global GDP. By ...

X-Press Feeders CEO calls for government intervention in the form of methanol incentives and fuel oil disincentives ...

Once a climate champion, Brazil's president, Luiz Inacio Lula da Silva, is pushing for more oil drilling, even as the country ...

The federal Liberals are sending mixed signals chastising the oil and gas industry for pushing back on climate measures while ...

The outlook for the crude oil market for this year is plagued with uncertaintiy arising from US President Donald Trump's ...

Environmental advocates from across the Beaver State urge Senator Wyden to put an end to the disastrous 45Q tax credit ...

Alex Muresianu, a senior policy analyst at the Tax Foundation, which supports pro-growth tax policies, said many of the oil industry-specific tax rules do not qualify as subsidies. Several of the ...

and will persist in his drive for lower oil prices (including potential domestic oil subsidies/tax cuts) to mitigate the impact of the tariffs on inflation and help bring down interest rates.” ...

The Canadian government has announced further investment in the country’s heat pump subsidy scheme, which offers homeowners ...

More than 1,000 media pieces from major outlets mentioned climate change during the peak of the Black Summer bushfires. In ...