![Federal prosecutors in Brooklyn, New York said Sargeant Marine and its affiliates paid bribes between 2010 and 2018 for contracts with state-run oil companies including Brazil's Petroleo Brasileiro SA (Petrobras), whose headquarters in Rio de Janeiro, Brazil is pictured here [File: Dado Galdieri/Bloomberg]](/wp-content/uploads/2020/09/260936498.jpg?resize=570%2C380)
A United States asphalt company has agreed to pay $16.6m in fines for paying bribes to officials.
Fossil Fuels
![China President Xi Jinping speaks during the 75th annual UN General Assembly on Tuesday [United Nations handout via Reuters]](/wp-content/uploads/2020/09/2020-09-22T154656Z_241049626_RC2R3J95E61O_RTRMADP_3_UN-ASSEMBLY.jpg?resize=570%2C380)
China’s ‘unexpected and eye-opening’ climate change announcement resets the ambition of global warming action.
![Nigeria's Central Bank Governor Godwin Emefiele told a briefing in Nigeria's capital Abuja on Tuesday that of the 10 members who attended the policy-setting committee meeting, six voted to cut interest rates [File: Afolabi Sounde/Reuters]](/wp-content/uploads/2020/09/2020-09-22T152202Z_606530971_RC2R3J93RC0S_RTRMADP_3_NIGERIA-RATES.jpg?resize=570%2C380)
Nigerians have been squeezed by soaring food prices, while COVID-19 oil disruptions have added to...
![The amount of extra oil Libya can export will depend in part on how quickly it can fix wellheads, pipelines and storage tanks that have been neglected or damaged during the conflict [File: Bloomberg]](/wp-content/uploads/2020/09/cf489bed81a84406aa67324607f008eb_18.jpeg?resize=570%2C380)
State energy firm said on Saturday it would start operations at ports and fields, but force majeure...
!['I'm going to make sure whoever gambles on this market will be ouching like hell,' Saudi Arabia's minister of energy, Prince Abdulaziz bin Salman Al-Saud, said on Thursday [File: Saudi Press Agency/Handout via Reuters]](/wp-content/uploads/2020/09/b6406421e4194cc6b7f311810129e7bd_18.jpeg?resize=270%2C180)
Saudi Arabia’s energy minister invokes Clint Eastwood’s Dirty Harry in warning issued after OPEC+ meeting.
![Sally weakened on Tuesday to a Category 1 hurricane [Joe Raedle/Getty Images/AFP]](/wp-content/uploads/2020/09/1373a3197cb24b9d8142d587198fd63c_18.jpeg?resize=270%2C180)
Royal Dutch Shell shuts its oil platform off Louisiana, joining BP, Chevron Corp and Equinor in closing facilities.
![Oil inventories in developed nations rose in July to a record 3.225 billion barrels [File: Andrey Rudakov/Bloomberg]](/wp-content/uploads/2020/09/54509e81e65e4de9a1be5dadb4f29cd7_18.jpeg?resize=270%2C180)
The International Energy Agency trims forecasts for global fuel consumption for the rest of the year.
![Sally was upgraded to a hurricane on Monday, the US National Hurricane Center (NHC) said, but its trajectory has shifted east towards Mississippi, likely sparing some of Louisiana's oil refining operations [Courtesy NOAA/via Reuters]](/wp-content/uploads/2020/09/809ccc26ab2a440cac9959fccff98e18_18.jpeg?resize=270%2C180)
Refiners, ports and offshore platforms are racing to shut down as Hurricane Sally moves towards US central Gulf coast.
![Protesters gathered outside ExxonMobil's annual shareholders' meeting last year to protest the company's climate policies [File: Jennifer Hiller/Reuters]](/wp-content/uploads/2020/09/2fd5a391a8c7458583d263b0532086a0_18.jpeg?resize=270%2C180)
Connecticut the latest state to sue over allegations fossil fuel industry deceived public about climate change effects.
![Compliance with OPEC+ output cuts may be an issue during talks this week [File: Alex Kraus/Bloomberg]](/wp-content/uploads/2020/09/ecbd62bd8eaf40f7961563aa27dcddf0_18.jpeg?resize=270%2C180)
OPEC+ meets to assess production cuts as the recovery from pandemic-driven demand destruction falters.
A debt crisis, gas price slump and armed uprising are slowing Mozambique’s rise. Plus, why the dollar is sinking.
![The 24 defendants in the Charleston lawsuit in the South Carolina state court include multinational corporations BP, Chevron, ConocoPhillips, ExxonMobil and Royal Dutch Shell as well as regional companies [File: Jim Young/Reuters]](/wp-content/uploads/2020/09/54204061593749cc9ca2b4dd7c6966f8_18.jpeg?resize=270%2C180)
Charleston is the first city in the American South to sue fossil fuel firms in an effort to get climate change funds.
![Saudi Arabia's de facto leader Crown Prince Mohammed bin Salman needs Aramco's money to fulfill his ambitious blueprint to diversify the kingdom's economy away from fossil fuels [File: Bloomberg]](/wp-content/uploads/2020/09/fd53ae504c7b4eaeb6727f32ca1cf33c_18.jpeg?resize=270%2C180)
Aramco has suspended key projects and racked up debt, triggering concerns among investors.
![US President Donald Trump appeared at the Jupiter Inlet Lighthouse and Museum on the coast of Florida to announce he was extending a federal ban on new oil and gas drilling sites offshore of three states on the US East Coast [John Raoux/AP Photo]](/wp-content/uploads/2020/09/15f81e79b55f4f0ca127b790b5cedc1f_18.jpeg?resize=270%2C180)
President extends US prohibition on new offshore drilling sites off the Florida, Georgia and South Carolina coasts.