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Here are three key things to know as the oil industry pivots, or struggles to pivot, to a greener future.
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"This gap between rhetoric and action needs to close if we are to have a fighting chance" of reaching emissions goals, the head of the International Energy Agency says.
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The move is one of his more controversial campaign promises, and industry groups say they will sue. But it won't have much immediate impact on driving down climate-warming emissions.
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The coronavirus-induced collapse in oil demand stole all the headlines. But oil companies faced a myriad of other woes, too, from hurricanes to itchy investors — and, of course, climate change.
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Oil and gas companies make enough pellets each year to fill a stadium several times over. The oil industry has long known it has a pellet pollution problem, but that's not what it told the public.
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The pandemic is adding renewed urgency to a critical debate: Just how quickly can the planet reduce its dependence on oil?
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When the price of oil crashes, oil companies often merge and big oil gets even bigger. So this crisis could be an opportunity for companies, but it comes with a tremendous amount of uncertainty.
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Keri Belcher has worked in the oil and gas industry. But she's considering switching careers — even if it means less time outdoors, which is what attracted her to geology in the first place.
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Oil companies have slashed production across West Texas and southeast New Mexico, where communities are also hurting from pandemic-driven business shutdowns.
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A controversial proposal to cut production aimed to stabilize prices amid a historic oil glut. But regulators and the industry were divided over the idea.