Michigan Gov. Gretchen Whitmer threatened Tuesday to go after Enbridge’s profits from a Great Lakes oil pipeline if the company defies her order to shut it down. The Democratic governor Continue Reading
The average price of a gallon of gasoline in the United States has jumped on the Colonial Pipeline ransomware attack and subsequent outage. The overall average price of retail gasoline Continue Reading
The US Energy Information Administration May 11 raised its outlook for US gasoline demand by 100,000 b/d to 8.7 million b/d for 2021 on a recent uptick in driving activity Continue Reading
Petroleos Mexicanos is racking up millions of dollars in late payments to oil companies as it struggles to generate cash amid skyrocketing debt and weaker crude sales. While Pemex has long Continue Reading
U.S. electric car maker Tesla Inc (TSLA.O) has halted plans to buy land to expand its Shanghai plant and make it a global export hub, people familiar with the matter Continue Reading
North America’s biggest petroleum pipeline may take several more days to recover from a cyberattack that forced it to halt shipments of gasoline and other fuels, raising the specter for shortages if Continue Reading
The ransomware group accused of crippling the leading U.S. fuel pipeline operator said on Monday that its goal was to make money and not sow mayhem, a statement that experts Continue Reading
A group of cybercriminals allegedly responsible for the ransomware attack that shut the largest fuel pipeline in the United States said on Monday it only wants to make money, not Continue Reading
U.S. gasoline prices at the pump jumped 6 cents in the latest week and could soon be headed for the highest level since 2014 due to the supply disruption caused Continue Reading
New cases of COVID-19 in the United States fell for a fourth week in a row, dropping 17% last week to just under 290,000, the lowest weekly total since September, Continue Reading
The White House pulled together an inter-agency task force to tackle the problem. (Bloomberg) — The investigation into a major cyber-attack on the biggest U.S. pipeline continued on Sunday as Continue Reading
Liquefied natural gas was a big thing a couple of years ago in the United States. With so much cheap gas coming out of the ground thanks to hydraulic fracturing, Continue Reading
The winter storms in February triggered the largest monthly drop in U.S. natural gas production on record, primarily due to freeze-offs in Texas, the Energy Information Administration (EIA) said on Continue Reading
Gas stations along the U.S. East Coast are beginning to run out of fuel as North America’s biggest petroleum pipeline races to recover from a paralyzing cyberattack that has kept it Continue Reading
In the same way that the U.S.’s global hydrocarbons power has been turbo-boosted by the rise of its shale energy industry, which began with gas in earnest in 2006 and Continue Reading
President Biden and Iran’s leaders say they share a common goal: They both want to re-enter the nuclear deal that President Donald J. Trump scrapped three years ago, restoring the bargain that Continue Reading
Russia, China, and the European signatories to the so-called Iran nuclear deal agreed on Friday to intensify talks on bringing the United States and Iran back into the Joint Comprehensive Continue Reading
The operator of the largest petroleum pipeline between Texas and New York, which was shut down after a ransomware attack, declined on Sunday to say when it would reopen, raising Continue Reading
The operator of the biggest gasoline pipeline in the U.S. shut down operations late Friday following a ransomware attack that threatens to roil energy markets and upend the supply of Continue Reading
The ransomware attack that forced the closure of the largest U.S. fuel pipeline this weekend showed how cyber criminals pose a far-reaching threat to the aging, vulnerable infrastructure that keeps the Continue Reading
The shutdown of a vital U.S. pipeline because of a ransomware attack stretched into a third day Sunday, with the Biden administration saying an “all-hands-on-deck” effort is underway to restore Continue Reading
Your browser does not support HTML5 video. At The Wall Street Journal’s CEO Council Summit, Janet Yellen expressed her confidence that the U.S. economy and employment will return to normal Continue Reading
A member of President Biden’s Cabinet recently told oil companies what might happen to them if they fail to do something, and the admonition caught the attention of Rigzone’s downstream Continue Reading
The recovery of America’s job market hit a pause last month as many businesses — from restaurants and hotels to factories and construction companies — struggled to find enough workers Continue Reading
U.S. auto parts suppliers warned of more production cuts at major automakers as a global semiconductor chip shortage worsens before easing in the second half of the year and aiding Continue Reading
As the indirect talks between the United States and Iran are making some progress but not major breakthroughs, diplomatic shuttles of U.S. officials and senators in the Middle East in Continue Reading
Fed says stock market boom, ‘ebullient’ investors warrant caution Booming stocks, internet-driven “meme” investments and the black box of hedge fund financing pose increasing risks as the U.S. economy emerges Continue Reading
The Texas Independent Producers & Royalty Owners Association (TIPRO) has welcomed the passage of senate bill 13. The Texas Independent Producers & Royalty Owners Association (TIPRO) has welcomed the passage Continue Reading
The number of Americans seeking unemployment aid fell last week to 498,000, the lowest point since the viral pandemic struck 14 months ago and a sign of the job market’s Continue Reading
As the indirect talks between the United States and Iran are making some progress but not major breakthroughs, diplomatic shuttles of U.S. officials and senators in the Middle East in Continue Reading
U.S. employers likely hired nearly a million workers in April as they rushed to meet a surge in demand, unleashed by the reopening of the economy amid rapidly improving public Continue Reading
The governor of Texas in an unusual move on Thursday asked the state’s Supreme Court to accept an Exxon Mobil Corp (XOM.N) petition seeking to reverse a state court decision Continue Reading
The U.S. Administration has reportedly realized that America cannot reach its new ambitious emission-reduction goals without nuclear power generation. The White House has signaled it could create new subsidies to Continue Reading
Gerald Lucas, 69, is a former coal miner and federal mine inspector who now gives public tours underground at the Beckley, W.Va., Exhibition Coal Mine, a working mine that ceased Continue Reading
The National Tank Truck Carriers (NTTC) industry trade group warns that a worsening semi-truck driver shortage may spark higher fuel prices and gas shortages this summer. CNN reported that industry Continue Reading
The mystery surfaced early in the pandemic. Hospitals were jammed with coronavirus victims, but the official death count in Mexico City appeared suspiciously low. Sitting at her dining-room table one afternoon, Laurianne Despeghel, Continue Reading
In 2020, Americans used 447 million short tons (to distinguish from metric tons) of coal. That’s enough to fill 4 million railroad cars, which sounds like a lot. But it’s also Continue Reading
Wranglers guide a herd of stranded cows to higher ground as flood waters rise, due to a levy break Sept. 24, 2005 in Chauvin, Louisiana. Hurricane Rita caused massive damage Continue Reading
US gasoline inventory draws likely resumed in the week ended April 30, an S&P Global Platts survey of analysts showed May 3, amid an uptick in end-user demand. Not registered? Continue Reading
In August 2020, Phillips 66 announced that it planned to reconfigure its San Francisco Refinery in Rodeo, California, to produce renewable fuels. The plant will no longer produce fuels from Continue Reading
The U.S. economy probably notched up another bumper month of hiring in April, tallying with other reports that suggest growth momentum is building in the wake of the coronavirus crisis. Payrolls may Continue Reading
Freight industry executives expect a squeeze on trucking capacity that has been driving up shipping costs for U.S. companies to persist through the rest of the year, as strong demand Continue Reading
For Michigan’s governor, the 645-mile pipeline jeopardizes the Great Lakes. For Canada’s natural resources minister, its continued operation is “nonnegotiable.” The clash over Calgary-based Enbridge’s Line 5, which carries up Continue Reading
In Alberta, Canada, there are thousands of orphan oil wells being left to fall into disrepair, which could be repurposed for alternative energy uses to open up substantial economic opportunities Continue Reading
President Biden is coming under fire for his attack on oil and gas once again as Canada pleads to keep the cross-border Great Lakes oil pipeline open. Canada is battling Continue Reading
A Supreme Court hearing began this week that could seal the future fate of gas pipelines across the United States. It could also change the balance of power between federal Continue Reading
The United States this week will start talks with the World Trade Organization to potentially lift intellectual property rights on lifesaving coronavirus vaccines, as a devastating covid-19 outbreak in India Continue Reading
The millions of Americans that have been latched to their homes for the past year amid the Covid-19 pandemic will be eager to get out of the house, especially once Continue Reading
White House National Security Advisor Jake Sullivan delivers remarks during a press briefing inside the White House in Washington, U.S., February 4, 2021. REUTERS/Tom Brenner Indirect negotiations between the United Continue Reading
The White House, citing guidance from the Centers for Disease Control and Prevention, announced Friday that it would begin restricting travel from India to the United States next week, a Continue Reading
