Changes to Chinese subsidies for hybrid and battery-powered vehicles – or new energy vehicles in local parlance – that came into effect mid-June are already having a dramatic impact. According Continue Reading
South Korea’s imports of U.S. crude oil are expected to hit all-time highs in September and October, as the world’s fifth-largest oil importer cuts off Iranian oil imports and looks Continue Reading
China’s Unipec, the trading arm of state oil major Sinopec, has suspended crude oil imports from the United States due to a growing trade spat between Washington and Beijing, three Continue Reading
The Trump administration unveiled a plan Thursday to roll back aggressive government targets that mandate better fuel economy and lower greenhouse gas emissions. Under the Environmental Protection Agency proposal, the Continue Reading
Motor club AAA warned that consumer gasoline prices in the United States could be on the rise given signs in government data of robust demand. The U.S. Energy Information Administration Continue Reading
The Trump administration on Thursday put forth its long-awaited proposal to freeze antipollution and fuel-efficiency standards for cars, significantly weakening one of President Barack Obama’s signature policies to combat global Continue Reading
Canada’s gross domestic product grew at a faster pace than forecast in May, led by the oil and gas industry and more specifically, oil sands. Statistics Canada reported that the Continue Reading
Six US senators Thursday unveiled a new bill that would prohibit support of Russian crude oil production and transactions in new energy projects supported by the Russian government, placing new Continue Reading
The NYMEX September natural gas futures settled 5.8 cents higher Thursday at $2.816/MMBtu after the US Energy Information Administration announced a lower-than-expected storage build for the week that ended July Continue Reading
The US Environmental Protection Agency (EPA) and US Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) released their long-expected notice of proposed rulemaking (NPRM) to adjust the Congressionally-mandated Corporate Continue Reading
