Building the Wind Turbines Was Easy. The Hard Part Was Plugging Them In
For years, the wind and the sun were widely dismissed as niche sources of power that could never fill America’s vast need for energy. But now the cost of solar Continue Reading
US gasoline prices rise after blasts at Philadelphia refinery
US gasoline prices jumped after a large fire and explosions were reported at the Philadelphia Energy Solutions oil refinery, the largest on the Atlantic coast. Wholesale gasoline futures for delivery into Continue Reading
Controversial Dakota Access pipeline boosts oil production
Oil production in the US state of North Dakota has increased by more than a third – to 1.4m barrels a day – two years after a controversial pipeline Continue Reading
Blue States Roll Out Aggressive Climate Strategies. Red States Keep to the Sidelines.
At a time when the country is already deeply fractured along partisan lines, individual states are starting to pursue vastly different policies on climate change with the potential to cement Continue Reading
EU Auto Makers Have to Sell More Electric Cars as New Emission Targets Loom
Most analysts think a number of car companies are at serious risk of failing to achieve the targets, and some are calling it the biggest threat in a generation for Continue Reading
Orders for battery-powered buses, trains: German public transport going green
Two major public transport orders this week from regional transport authorities in Germany showed how they are going beyond federal targets to decarbonize bus and train fleets. City state Berlin Continue Reading
Exxon Mobil says may sell all stakes in offshore Norwegian fields: newspaper
Exxon Mobil is considering selling all of the stakes it holds in oil and gas fields off the Norwegian coast, a company spokesman told business daily Dagens Naeringsliv. Two years Continue Reading
Crude oil futures continue to rise amid geopolitical concerns
Crude oil futures were higher during mid-morning trade in Asia Friday, continuing their upward momentum from the previous day ‘s trading cycle bolstered by the ongoing geopolitical concerns in the Continue Reading
Oil rises towards $65 on fears of U.S. attack on Iran
Oil prices rallied towards $65 per barrel on fears of a U.S. military attack on Iran that would disrupt flows from the Middle East, which provides more than 20% of Continue Reading
Crude tests three-week highs as market eyes US-Iran tensions
Crude futures settled at three-week highs Thursday as the market eyed rising tensions between Tehran and Washington following the downing of a US surveillance drone over the Strait of Hormuz. Continue Reading