Iran vows to keep up oil exports despite Trump threat
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.
Mercedes-Benz spends $1 billion to make EVs at Alabama plant
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 aims to cut methane leaks, a culprit in global warming
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 curbs oil product exports to North Korea
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.
Iraq, Turkey threaten Kurdistan’s oil boom after controversial independence vote
Iraqi Kurdistan’s independence referendum Monday has returned its renegade oil industry to the spotlight, prompting Turkish President Recep Tayyip Erdoğan to threaten to cut off the region’s petroleum exports and Baghdad to call for a de facto boycott of Kurdish crude.
What will happen to the Gulf Coast if the oil industry retreats?
During this year’s record-breaking hurricane season, oil rigs and refineries were just as exposed as any structure on the precarious Gulf Coast.
Shell bashes bans on gasoline cars, proposes carbon pricing instead
The prospect of bans on gasoline and diesel new-car sales have become a much greater threat not only to automakers but to oil companies as well, now that China has said it is studying such a move.
Safe air pollution doesn’t exist: Even low levels may cause kidney damage
As if you needed another reason to care about air pollution, new research finds that the tiny particles in city smog don’t just damage your heart and lungs,
Nevada is done with Faraday Future as car startup gives back taxpayer money
Last winter, Faraday Future came out of nowhere with big promises to upend the auto industry and redefine the entire idea of how we get around.
Schumer calls for gas price ‘gouge watch’ after hurricanes
Senate Minority Leader Charles Schumer is asking federal regulators to examine why gasoline prices have been slow to fall following two massive hurricanes.
