Peak summer demand and declining levels of supplies, both domestic and foreign, mean spikes in the price of gas for U.S. consumers, market analyses find. Motor club AAA reports a Continue Reading
The automotive industry may have some retooling to do in order to keep pace with emerging trends for electric vehicles, the International Monetary Fund reported. File photo by Brian Kersey/UPI Continue Reading
The Canadian oil sector should expect growth in exploration and production, but its place on the global stage is still uncertain, a trade group said. The National Energy Board said Continue Reading
Google parent Alphabet Inc. is pitching an idea to store power from renewable energy in tanks of molten salt and cold liquid, an example of the tech giant trying to Continue Reading
The devastation in the form of industry job loss due to the downturn may be higher than reported, says a pair of industry professionals. The last time Rigzone reported global Continue Reading
Philadelphia Energy Solutions LLC, the owner of the largest U.S. East Coast oil refining complex, has hired an investment bank to help tackle its debt burden, as it struggles with Continue Reading
Scana Corp. announced Monday it will stop construction on a nuclear power plant in South Carolina—one of two in development in the U.S. Project costs ballooned in recent years, and Continue Reading
Any news about energy storage advancement is bound to make a splash. After all, storage is the main stumbling block for renewable energy—data from Bloomberg New Energy Finance reveals that Continue Reading
A battle over whether energy-company creditors should help pay for cleaning up thousands of abandoned oil wells in Canada may be heading to the country’s Supreme Court. At the center Continue Reading
VW’s CEO Knows the Future Is Electric—His Company Isn’t So Sure Goldman Sachs’s 40% decline in fixed-income activity has rattled executives, sparking a charm offensive designed to showcase a more Continue Reading
