By most measures, California has earned the right to brag about how much it has cleaned up its environmental act. The air in much of smog-shrouded Southern California has been scrubbed. A passenger car for sale here today is 99 percent cleaner than one on offer in the early 1970s.
The recent uptick in oil prices is not likely to be enough to persuade OPEC to end production cuts this summer, Richard Mallinson, geopolitical analyst at Energy Aspects, told CNBC on Friday.
In a surprise statement undercutting Interior Secretary Ryan Zinke’s announcement last week that he was exempting Florida from President Trump’s offshore drilling plan, a senior Interior Department official said Friday that Florida’s coastal waters had not been excluded after all.
A sunken Iranian oil tanker may be leaking heavy bunker fuel as well as light oil off the east coast of China and the best remedy was to recover the vessel, officials said on Friday.
A burning oil field is a terrible thing. The fire typically takes months to put out. The thick black smoke blots out the sky and the soot coats everything—buildings, streets, people’s skin. White sheep turn completely black.
Venezuela’s crude oil production fell nearly 13 percent last year, according to figures released by OPEC on Thursday, hitting a 28-year annual low that points to a deepening economic crisis and increased chances of a debt default.
The slick covers an area of 101 square kilometers (39 square miles), after almost doubling in size from the start of the week, according to figures released Wednesday by the Chinese State Oceanic Administration.
Global automakers, rarely shy about marketing themselves with glitz and confidence, are noticeably more sober about how customers may react to their own upcoming electric vehicle lineups.
California and the Trump administration will hold a series of new talks over fuel efficiency rules as the auto industry still hopes for a deal to retain nationwide requirements.
The American Petroleum Institute has for years pushed a long policy wish list in Washington — sometimes full of so many priorities that the trade group’s president struggled to identify all of the group’s ambitions. Not anymore.
