Treasury won’t grant Exxon drilling waiver for Russia
The Treasury Department will not grant Exxon Mobil Corp.’s request for a waiver allowing it to work with Russia’s state oil company on a joint drilling venture, the agency said Friday.
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BP Gulf spill damage valued at $17.2 billion in new study
BP Plc’s 2010 Gulf of Mexico oil spill caused damage to beaches, animals, fish and coral that the public values at $17.2 billion, according to a financial accounting released on the seventh anniversary of the disaster.
Bigger, faster, more lavish: Americans crave SUVs, and carmakers oblige
Americans want bigger, faster and more luxurious sport utility vehicles — and automakers are more than happy to fulfill the booming demand.
Toyota rolls out hydrogen semi ahead of Tesla’s electric truck
A battle for the future of clean trucks is breaking out. A week after Elon Musk said an electric Tesla semi is coming, Toyota sped ahead of him in its own exhaust-free truck: a hydrogen-powered 18-wheeler created to haul cargo at the Port of Los Angeles.
Exxon seeks U.S. waiver to resume Russia oil venture
Exxon Mobil Corp. has applied to the Treasury Department for a waiver from U.S. sanctions on Russia in a bid to resume its joint venture with state oil giant PAO Rosneft, according to people familiar with the matter.
Big fuel savings from autonomous vehicles
By 2050, connected autonomous vehicles could reduce fuel consumption by as much as 44 percent for passenger vehicles and 18 percent for trucks, according to a new study released by the Energy Information Administration.
Buckle up and take a ride on the road to fuel choice
Fuel choice is at the heart of our mission: All we’ve ever wanted is for drivers to be able to choose the fuel that’s right for their vehicles and their budgets. It’s a basic right we’ve never had, because oil has a stranglehold on the transportation fuels market in America.
In the 1920s, a community conspired to kill Native Americans for their oil money
They bought cars and built mansions; they made so much oil money that the government began appointing white guardians to “help” them spend it. And then members of the Osage tribe started turning up dead.
Why U.S. crude oil imports are rising
Despite record high crude oil inventories in the U.S., crude oil imports have been rising.
Unlike Hyperloop, Elon Musk’s electric big rig actually makes sense
Once again, Elon Musk has prompted a flurry of speculation with a single tweet. But unlike hyperloop or his ridiculous tunneling idea, this one totally makes sense: an electric big rig.
