The Trump administration wants to ratchet up economic pressure on Iran, but unless it can persuade skeptical governments in Europe and Asia to join the effort, it will be forced to use unilateral measures that would probably prove ineffective at choking Tehran’s economy
New diesel cars do not produce less of the environmentally damaging carbon dioxide than petrol cars, a potential further headache for the auto sector.
A decade’s worth of efforts to cut oil consumption in industrialized countries is at risk of being reversed, as low fuel prices boost demand and send motorists flocking back to larger gas-guzzling cars.
Energy Secretary Rick Perry delighted in poaching companies from California while governor of Texas. Now he is going after the west coast state once again, saying he is “frustrated” with their opposition to oil and gas development.
He made the statement after saying that one-third of the 70,000 employees he oversees at the agency are “not loyal” to him or the president.
The internal combustion engine’s days may be numbered in California, where officials are mulling whether a ban on sales of polluting autos is needed to achieve long-term targets for cleaner air.
Iran will persist with exporting its oil to global customers, unfettered by Donald Trump’s intensifying offensive against the country, according to the Middle East nation’s state-run producer.
Daimler says it will add 600 more jobs with the new investment, while also building a nearby facility to produce EV batteries in 2018.
Exxon Mobil announced a program on Monday to reduce emissions of methane, a powerful greenhouse gas, from its oil and natural gas production and pipeline operations across the United States.
China slapped fresh sanctions on North Korea, curbing some oil product exports to the country, after U.S. President Donald Trump ordered new sanctions this week.
