It’s the car of the future. It’s taking off in markets all over in the world. The electric vehicle? Hardly. It’s the S.U.V., the rugged, off-road gas-guzzler that America invented and the world increasingly loves to drive.
Yes, the iconic symbol of American steel and piston popping internal combustion is shifting to voltage.
For the first time oil and gas companies are openly grappling with a less-than-certain future where climate change and related advances in other energy sources make them less dominant.
Houston energy companies have reported at least $20 billion in tax benefits from the recently enacted tax overhaul, but whatever savings the firms realize will likely go to well-heeled investors rather than support the local economy through hiring, pay raises and expansions.
A federal judge who halted construction of a crude oil pipeline through a Louisiana swamp concluded that the project’s irreversible environmental damage outweighs the economic harm that a delay brings to the company building it.
Oil executives urged the Trump administration to slash the rates their companies pay to harvest natural gas and crude from beneath U.S. waters.
Armed with years of air quality testing and other evidence, the U.S. Environmental Protection Agency tentatively concluded late last year that most of southeast Wisconsin needs to take more aggressive action to reduce lung-damaging smog.
Gas prices this summer are expected to be the most expensive since 2014, closing in on $3 per gallon, according to a new report from the Oil Price Information Service.
Exxon Mobil is abandoning its joint exploration ventures with the Russian oil company Rosneft, retreating from what was one of its most promising investments until Western sanctions got in the way.
Billionaire investor Carl Icahn and the leading U.S. biofuel trade group provided a deal to the Trump administration for revamping the Renewable Fuel Standard that would give both parties a long-sought change to the regulation.
