Though budget forecasts are lower than initial projections, Colorado’s governor said the revenue stream was strong considering the strains on the energy sector. The state office of planning and budgets Continue Reading
With short-term supply disruptions easing, U.S. commuters this summer can expect some of the lowest gas prices in more than a decade, AAA said. The motor club reports a national Continue Reading
California’s last nuclear power plant will close in 2025, after Pacific Gas & Electric Co. reached an agreement with labor and environmental groups, the parties said Tuesday. The San Francisco-based Continue Reading
The entire Los Angeles metropolitan area and most of Southern California can expect blackouts this summer. The power grid is under direct threat as a result of the unprecedented, but Continue Reading
Not even an 86 percent increase in the price of crude oil since February is enough to right Alaska’s finances. The energy-rich state, which plans to sell $128 million of Continue Reading
The European Union’s Brussels envoys agreed on Tuesday to extend until the end of January the energy, financial and defense sanctions on Russia over the conflict in Ukraine, diplomatic sources Continue Reading
Russia beat out Saudi Arabia as China’s largest oil supplier in May, customs data showed on Tuesday, marking the third month in a row the world’s biggest oil producer has Continue Reading
Igor Sechin, the head of Russia’s top oil producer Rosneft, said on Tuesday that Saudi Arabia, the United States and Russia were the three main players on global oil markets, Continue Reading
The biggest oil-industry downturn in a generation has companies collaborating in ways they never thought possible. In this global effort, one of the world’s most expensive oil regions intends to Continue Reading
Just a few years ago, we would have scoffed at the idea that electric vehicles could be mainstream anytime soon, or that the global appetite for lithium-ion batteries and mass Continue Reading
