Promised economic sanctions have yet to materialize amid an outcry by the U.S. oil industry that a potential ban on petroleum imports from Venezuela — the third-largest supplier to the U.S. — would hurt U.S. jobs and drive up gas costs.
Millions of Chinese cyclists may soon be able to ditch their air-pollution masks.
The more than $1 billion of debt an EnerVest fund took on during oil’s price surge now threatens its viability.
Elon Musk and many of his employees at his Tesla factory agree on one point: Work is hell.
Western Europe’s biggest oil and gas producer, Norway, is also one of the countries that is most self-congratulatory on its climate action, electric cars sales, and green policies.
U.S. producers are seen pumping away, even with the price of West Texas Intermediate crude lingering below $50 as barrel, according to the latest government estimates.
American ethanol now replaces more than 500 million barrels of imported oil annually and shields drivers from price manipulation by hostile forces within the Organization of the Petroleum Exporting Countries (OPEC).
Tesla Inc is developing a long-haul, electric semi-truck that can drive itself and move in “platoons” that automatically follow a lead vehicle, and is getting closer to testing a prototype.
In early 2016, electric vehicle company Faraday Future celebrated a deal with the state of Nevada—in exchange for building a $1 billion factory that would eventually employ up to 4,500 people, the company would get $335 million in tax cuts from the state.
Mazda announced its new Sustainable Zoom-Zoom 2030 initiative. Dumb marketingspeak name aside, this is Mazda’s general plan to make its cars more efficient while still keeping Mazda’s fun-to-drive character.
