British energy producer BP has suffered a revolt by shareholders who objected Thursday to increasing Chief Executive Bob Dudley’s pay package by 20 percent after profit plunged last year.
In the United States, the decoupling of emissions and economic growth was driven chiefly by the boom in domestic natural gas, which when burned produces about half the carbon pollution of coal.
Three Houston companies are among the drillers seeing sharp cuts to their credit lines this spring as lenders tighten their purse strings in a retreat from the cash-strapped oil industry.
Exxon Mobil Corp. went to court Wednesday to challenge a government investigation of whether the company conspired to cover up its understanding of climate change, a sign the energy company is gearing up for a drawn-out legal battle with environmentalists and officials on the politically charged issue.
Automakers say they need higher octane gasoline — more in line with what is available in Europe today — to meet the government’s strict 2025 fuel economy and C02 standards.
Since late October, an American air campaign called Operation Tidal Wave II has targeted oil fields, refineries and tanker trucks, and American officials believe they have cut the Islamic State’s oil revenue by about a third.
How is it possible to scale up faster? Well, one answer may come by looking at the example of a country that has already done just that: Norway, where electric vehicles were fully 18 percent of new cars sold last year.
We hear a lot these days about how fossil fuel companies are spending large amounts of money to influence policy and legislative decisions.
Although total U.S. crude oil imports in 2015 continued to be lower than levels reached during the mid-2000s, imports from the United States’ top foreign oil supplier—Canada—were the highest on record.
Big oil and gas companies are wasting so much natural gas you can see it from space.
