Harsh U.S. sanctions, a crumbling economy, and near collapsed petroleum industry have done little, if anything, to loosen President Maduro’s grip on power in Venezuela. It appears that one of Continue Reading
Chinese President Xi Jinping meets then-Vice President Joe Biden in Beijing in 2013. President Biden said that he would not handle relations between the United States and China “the way Continue Reading
Treasury Secretary Janet Yellen said Sunday the country was still in a “deep hole” with millions of lost jobs but that President Joe Biden’s $1.9 trillion relief plan could generate Continue Reading
A more contagious variant of the coronavirus first found in Britain is spreading rapidly in the United States, doubling roughly every 10 days, according to a new study . Analyzing Continue Reading
In late 2019, as various candidates jockeyed to win the Democratic nomination for president, Elizabeth Warren made the statement that she would “ban fracking everywhere.” It was just the kind Continue Reading
Since the onset of the pandemic, millions of Americans have been struggling with paying rent and utility bills, putting a strain on power utilities’ revenues and raising the question about Continue Reading
US President Joe Biden’s moratorium on drilling on federal lands has prompted lawmakers within his own party to warn that the policy threatens jobs and local budgets in states dependent Continue Reading
Developers of offshore wind farms, long awaiting their moment in the U.S., are pushing the Biden administration to cut through red tape that has for years stymied the industry’s domestic Continue Reading
A key complicating factor in the ‘if and when’ conjecture over the U.S. and Iran re-opening talks on the Join Comprehensive Plan of Action (JCPOA) in light of the new Continue Reading
A central question facing the White House is whether to trade U.S. actions for Iranian ones as a way of bringing both nations back within the fold of the 2015 Continue Reading
The recovery in the U.S. labor market disappointed for a second month in January with only modest job growth, highlighting the persistently difficult prospects for millions of unemployed and bolstering Continue Reading
f President Joe Biden’s administration is going to replace the entire federal vehicle fleet with fully electric vehicles, as promised, it will need trucks and vans — lots of them. An analysis of Continue Reading
Johan Frijns will tell you that on his best days, he takes to the streets in the morning in jeans and a T-shirt to protest climate change, then in the afternoon Continue Reading
U.S. employers resumed hiring in January, but the weak pace of job gains suggested a long road remains for the recovery. The U.S. economy added 49,000 jobs last month. The small gain came Continue Reading
Kia Corp. 000270 3.47% has approached potential partners about a plan to assemble Apple Inc.’s AAPL -0.31% long-awaited electric car in Georgia, according to people familiar with the matter. The proposal would involve a multibillion-dollar investment, according to people familiar Continue Reading
US coal exports fell to a four-year low 62.66 million mt in 2020, down 25.6% from 84.23 million mt exported in 2019 and the second-lowest figure in the last 11 Continue Reading
America’s employers barely added jobs last month, underscoring the viral pandemic’s ongoing grip on the economy and likely adding momentum to the Biden administration’s push for a bold rescue aid Continue Reading
“There is no scenario where hydrocarbons disappear,” the chief executive of Baker Hughes, Lorenzo Simonelli, said during his keynote speech at this year’s annual meeting in the company. Like other Continue Reading
Highlights Sub-zero temperatures forecast in Midwest, Canada Winter Storm System to reach Midwest on Feb. 6 Cash prices for Feb. 6-8 flows of natural gas surged across the US on Continue Reading
President Biden outlined a sweeping vision of restored American global leadership on Thursday, announcing an end to U.S. support for Saudi Arabia’s military campaign in Yemen and vowing to confront Continue Reading
For most of her young life, nine-year-old Gao Ximan dreamed of becoming a policewoman. But after attending an eight-week online workshop about climate change this summer, she decided being a Continue Reading
The new Senate Committee on Energy and Natural Resources met Wednesday for its first hearing with Democratic Senator Joe Manchin of West Virginia at the helm. The stated purpose of Continue Reading
Applications for U.S. state unemployment benefits fell last week to the lowest level since the end of November, a sign that job cuts are starting to slow as Covid-19 infections Continue Reading
The number of Americans seeking unemployment benefits declined to 779,000 last week, a still-historically high total that shows that a sizable number of people keep losing jobs to the viral Continue Reading
It feels like 2004 again. John F. Kerry has quickly become a punching bag for Republicans who object to President Biden’s agenda for addressing climate change. GOP lawmakers say the Continue Reading
Johnson & Johnson JNJ 0.93% asked U.S. regulators on Thursday to authorize the emergency use of its Covid-19 vaccine, setting the stage for a potential third vaccine to become available in the U.S. Continue Reading
Alberta, Canada’s oil heartland, may seek compensation from the United States after newly inaugurated President Joe Biden moved to nix the Keystone XL Pipeline, Bloomberg said on Thursday . Alberta Continue Reading
For all the talk of workers fleeing pricey coastal cities such as New York and San Francisco, one of the most troubled spots in the U.S. commercial real estate market Continue Reading
The Detroit auto maker had previously signaled the chip shortfall could impact its operations, telling suppliers late last year that they should stockpile semiconductors. But as of January, production hadn’t Continue Reading
General Motors has ordered a shutdown at three plants and slowed production at a fourth as it grapples with a global shortage of semiconductors. The Detroit carmaker said that its 2021 Continue Reading
The groundhog might have seen his shadow, but the upcoming blast of cold will have him scurrying to his burrow. Frigid air straight from the Arctic is set to the northern Continue Reading
Annual Energy Outlook 2021 The Annual Energy Outlook presents an assessment by the U.S. Energy Information Administration of the outlook for energy markets through 2050. The Annual Energy Outlook narrative Continue Reading
Crude oil exports from the only deep-water port in the United States, Louisiana Offshore Oil Port, doubled in January from December to a record high, driven by robust demand from Continue Reading
US gasoline consumption will peak by 2023 in the aftermath of the coronavirus pandemic as increased fuel efficiency and electric vehicle sales take hold, but domestic crude oil production will Continue Reading
U.S. oil production fell sharply in 2020, but the Energy Information Administration is expecting it to pick back up and even set new records in just two years, it said Continue Reading
American oil exports from Louisiana’s offshore supertanker port jumped to a record in January as Asian buyers are stocking up U.S. crude for a post-pandemic rebound in fuel consumption. Eight Continue Reading
Automakers have abandoned their legal fight for a Trump-era rule blocking California from setting emissions standards as the industry pushes President Joe Biden to accept a compromise with weaker fuel Continue Reading
General Motors’ announcement last week that it will stop making gas-powered cars, trucks and sport utility vehicles by 2035 and become carbon neutral by 2040 is even bolder than it Continue Reading
US natural gas in storage likely plummeted by the largest volume of the season in the week ended Jan. 29 as a cold front increased the draw on stock significantly Continue Reading
About three-quarters of fossil-fuel CO₂ pollution comes from cities. At least 48 U.S. cities are under-counting their carbon dioxide pollution by nearly 20%, according to a new study that compares Continue Reading
When U.S. President Joe Biden killed a high-profile, controversial oil pipeline project on his first day in office, he set the stage for more complicated and lengthy environmental reviews for Continue Reading
Despite the retirement of 131.8 GW of coal-fired generation capacity since 2010, about 225.3 GW of such capacity remains operating today, led by Texas, Indiana and West Virginia, and replacing Continue Reading
It’s one of the last hurrahs in the battle between the Trump administration and career scientists. More than a dozen high-level managers at one of the nation’s top science agencies Continue Reading
The U.S. economy is still deep in a recession and more fiscal relief will be needed to reach a full recovery and help some of the unemployed find jobs, two Continue Reading
What a difference two weeks make. America’s new president has taken admirably little time to address the climate change challenge his Democratic predecessor, Barack Obama, called the greatest threat to Continue Reading
The nation’s unemployment rate will not return to its pre-pandemic levels through the rest of this decade, meaning millions could be out of work even after vaccines are widely distributed, Continue Reading
US crude oil inventory draws likely extended in the week ended Jan. 29 amid an uptick in export activity, an S&P Global Platts analysis showed Feb. 1. Receive daily email Continue Reading
The U.S. economy is projected to grow at a robust 4.6% annual rate this year, but employment isn’t expected to return to pre-pandemic levels until 2024, the Congressional Budget Office Continue Reading
The Senate is poised to approve Pete Buttigieg to be transportation secretary, the first openly gay person ever confirmed to a Cabinet post, tasked with advancing President Joe Biden’s wide-ranging Continue Reading
President Biden is eyeing an urgent restoration of the international nuclear deal with Iran as a first step to deal with a range of threats from that country, new national Continue Reading
