IEA warns of higher oil prices as Iran, Venezuela losses deepen
The International Energy Agency warned that oil prices could break out above $80 a barrel unless other producers act to offset deepening supply losses in Iran and Venezuela.
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Libya violence: Gunmen storm oil corporation building
Security forces clashed with the armed men at the landmark building in the centre of the city, and blasts and gunfire could be heard, witnesses say.
Air pollution is shortening your life. Here’s how much.
Air pollution is shaving months — and in some cases more than a year — off your life expectancy, depending on where you live, according to a study published Wednesday.
India to step up use of biofuels to cut oil import bill
India is the world’s third-biggest oil importer and consumer and ships in about 80 percent of its crude needs, but is gradually building capacity to increase its output of biofuels.
Mexico City’s first woman mayor wants car firms’ help to end smog
The city of some 21 million people, known for its deathly smog in the 1980s, made strides towards cleaner air at the turn of the century.
Israel warns Iran of military response if it closed key Red Sea strait
Israel would deploy its military if Iran were to try to block the Bab al-Mandeb strait that links the Red Sea to the Gulf of Aden, Prime Minister Benjamin Netanyahu said on Wednesday.
Germany forces 1,050 Tesla owners to forgo electric car bonus
Germany has said 1,050 owners of the Tesla Model S must forgo a 2,000 euro electric car subsidy because the value of their vehicles surpasses an eligibility threshold.
Where 3 million electric vehicle batteries will go when they retire
The first batches of batteries from electric and hybrid vehicles are hitting retirement age, yet they aren’t bound for landfills. Instead, they’ll spend their golden years chilling beer at 7-Elevens in Japan, powering car-charging stations in California and storing energy for homes and grids in Europe.
Tesla goes big in China with Shanghai plant
Tesla Inc. Chief Executive Officer Elon Musk on Tuesday landed a deal with Chinese authorities to build a new auto plant in Shanghai, its first factory outside the United States, that would double the size of the electric car maker’s global manufacturing.
Exxon says the world needs even more oil
Exxon Mobil Corp’s Darren Woods says his company is at the center of a delicate balancing act between those who want a cleaner environment and those seeking economic growth that depends on rising energy demand.
