Environmentalists emboldened by President Barack Obama’s rejection of the Keystone XL pipeline are now trying to convince the administration to close a door it opened last year to allow oil Continue Reading
Advocacy group Oceana said it welcomed Washington, D.C., to a growing list of local governments expressing opposition to drilling in the Atlantic Ocean. The city council in the nation’s capital Continue Reading
Marathon Petroleum Corp. said its fourth-quarter earnings fell 77% as weak fuel prices resulted in an inventory markdown that weighed on results at its refinery and Speedway retail divisions. Shares Continue Reading
Los Angeles prosecutors filed criminal charges against the Southern California Gas company on Tuesday over a huge methane gas leak that has forced thousands of Los Angeles residents from their Continue Reading
Mexico’s Ministry of Energy (SENER) is seeking to learn how it can replicate the success of South Texas’ Eagle Ford shale. Representatives of Mexico’s National Hydrocarbons Commission (CNH), Ministry of Continue Reading
For most of the past 20 years, Wal-Mart Stores Inc. has let another company build and operate gas stations in the parking lots of its stores. Now, the retailer has Continue Reading
Suncor Energy Inc., SU 3.06 % Canada’s largest crude-oil producer, late Wednesday reported a fourth-quarter net loss of $2 billion Canadian dollars ($1.45 billion) and slashed its 2016 capital spending Continue Reading
Oil-field service company Weatherford International PLC said Wednesday that it planned to continuing cutting jobs in the face of the sector’s lingering downturn and would slash about 15% of its Continue Reading
Canadian Prime Minister Justin Trudeau on Wednesday pledged to seek greater global market access for Alberta’s oil-sands crude as long as it can be done in an environmentally sustainable manner. Continue Reading
European renewables company DONG Energy said it made a final investment decision for its Hornsea project, the world’s largest offshore wind farm ever planned. DONG said it was moving forward Continue Reading
