The HillHouse opposes carbon and oil taxes in symbolic votesReutersRepublican leaders and their industry allies have worried that support for a carbon tax among big oil companies could encourage some Republicans to back such a measure. A separate resolutio …

Business InsiderThere was an unexpected winner from the US oil export banBusiness InsiderCrude Oil Refinery Texas Spencer Platt/Getty ImagesAn oil refinery is shown on March 25, 2015 in Houston, Texas. Texas, which in just the last five years has tripled i …

Wall Street JournalSaudi Arabia, Gulf Neighbors Suffer Ratings Downgrades on Oil SlumpWall Street JournalDUBAI—Saudi Arabia and two of its oil-exporting neighbors in the Persian Gulf had their debt ratings cut by Moody's Investors Service, as the slide …

Wall Street JournalUK Offers Respite to Oil Producers by Scrapping Petroleum Revenue TaxWall Street JournalLONDON—The U.K. government has abolished the petroleum revenue tax, the levy charged on oil and gas profits, to kick-start the country's beleague …

Wall Street JournalU.K. Offers Respite to Oil Producers by Scrapping Petroleum ...Wall Street JournalThe U.K. government has abolished the petroleum revenue tax, the levy charged on oil and gas profits, to kick-start the country's beleaguered hydrocarb …

Reuters UKBritain cuts taxes for North Sea oil producersReuters UKLONDON Chancellor George Osborne said he would cut taxes for energy companies pumping oil from the country's North Sea fields, in a boost for the industry which is suffering from the imp …

MarketWatchOil above $35 as US oil-rig count falls for 11th weekMarketWatchThe number of active rigs drilling for crude in the U.S., viewed as a rough proxy for activity in the oil industry, fell by 8 to 392 rigs as of Friday, according to data from Baker …

Wall Street JournalNorway Taps Oil Fund for First Time as Falling Oil Price Takes Its TollWall Street JournalOSLO—Norway's government in January tapped into its sovereign-wealth fund to cover its expenses, for the first time since the fund was establis …

As Oil Profits Plunge, Gulf Regimes Weigh the Unmentionable: TaxesWall Street JournalDubai's year-round sunshine and near-zero taxes have been easy sells for foreign investors and expatriate workers. Oil's plummet below $30 a barrel might change th …

ReutersObama to seek new tax on oil in budget proposalReutersThe long-shot proposal for the oil fee, set to be announced in Obama's fiscal 2017 budget plan on Tuesday, would provide nearly $20 billion a year to help expand transit systems across the co …