California will phase out sales of new, gasoline-powered cars by 2035 as part of its fight against climate change, Governor Gavin Newsom announced — the first state to set an Continue Reading
Global satellite data indicate wildfires are becoming bigger and more intense. WSJ talks with NASA’s Doug Morton to understand the science behind what’s making the planet more flammable and making Continue Reading
Coal exports out of the terminals in the Hampton Roads region in Virginia were at 1.68 million st in August, down 26.8% from July and also 42.8% lower than the Continue Reading
The first study to analyze the structure of the novel coronavirus from two waves of infection in a major city found that a more contagious strain dominates recent samples, researchers Continue Reading
Trump, Xi Jinping and Guterres address the UN General Assembly Tensions between the US and China came to the fore of the annual UN General Assembly in New York, with Continue Reading
A bipartisan bill aimed at keeping goods out of the U.S. that are made with the forced labor of detained ethnic minorities in China passed overwhelmingly Tuesday in the House Continue Reading
At World Oil, we have finished compiling the 2020 mid-year forecast update for drilling and production. On the drilling side, we now can tell you, our readers, that if this Continue Reading
The Trump administration is urging U.S. lawmakers to pass separate bills to aid airlines and other sectors, given failure to reach agreement on a broader package of stimulus funding, White Continue Reading
A bartender prepares a drink during Clemson University’s first home football game in Clemson, South Carolina Sept. 19, 2020. More than 3,000 people have died in South Carolina since the Continue Reading
Tropical Storm Beta is flooding southeastern Texas as it grinds along the coast. (Bloomberg) — Tropical Storm Beta is flooding southeastern Texas as it grinds along the coast, pounding it Continue Reading
Iran has shifted its military strategy regarding U.S. forces in Iraq ahead of the U.S. presidential election in November, reducing the number of rockets launched at bases and potentially withholding Continue Reading
Secretary of State Mike Pompeo said he expects all U.N. countries to fully comply with Washington’s declaration that “snapback” sanctions from the 2015 nuclear agreement are in effect despite the Continue Reading
The Trump administration outlined an array of new measures that are intended to preclude China and Russia from selling weapons to Iran and to block the shipment of goods that Continue Reading
Secretary of State Mike Pompeo, right, listens as Defense Secretary Mark T. Esper discusses new measures against Iran on Sept. 21. In a show of its resolve to crack down Continue Reading
The number of new infections in the U.S. increased sharply and the death toll hovered just below 200,000, as some guidelines and practices for stopping the disease’s spread have been Continue Reading
The U.S. economy is likely to grow more slowly in coming decades and the public debt burden will increase more than previously forecast, due in large part to the coronavirus-induced Continue Reading
As Tropical Storm Beta drenches the Texas Gulf Coast, utilities in Alabama, Florida and Louisiana worked on Sept. 21 to restore electricity to customers previously cut off by hurricanes Laura Continue Reading
The vast Illinois factory floor that will produce electric delivery vans for Amazon.com Inc. is starting to fill up. Battery and chassis assembly here. Tire storage there. A titanic, three-story metal Continue Reading
Walmart Inc. said it’s targeting zero emissions from its global operations by 2040, a small fraction of its total, in the latest climate-focused step amid heightened calls from investors and Continue Reading
It has been a tough summer across much of the Gulf Coast, where storm after storm has taken aim and two hurricanes — Laura and Sally — have decimated homes Continue Reading
The U.S. Department of the Interior is proposing a regulation that will not allow oil producers to avoid picking up their offshore well decommissioning tab when they go bankrupt, the Continue Reading
Highlights Shell evacuating Perdido platform, shuting in production Tropical Storm Beta expected to reach hurricane strength No threat to area refineries yet Houston The first evacuations and crude oil shut-ins Continue Reading
U.S. President Donald Trump’s administration says that on Saturday (2000 EDT/0000 GMT Sunday) all United Nations sanctions on Iran have to be restored and a conventional arms embargo on the Continue Reading
The Trump administration has increased criticism and pressure on Iran in recent days: accusing the country of planning assassinations of American diplomats, announcing hacking indictments, preparing unilateral sanctions and denouncing Continue Reading
The 45th president’s stance on climate change was established long before he entered the White House. It’s a hoax, he argued, and fossil fuel is an unequivocal good for the nation. Trump Continue Reading
The first evacuations and crude oil shut-ins from deepwater platforms began Sept. 18 from the western Gulf of Mexico in advance of a tropical depression that’s coming on the heels Continue Reading
US petroleum demand increased in August, and supply decreased, while Gulf Coast refineries, petrochemical plants, and export terminals coped with seasonal disruptions due to Hurricane Laura, according to the American Continue Reading
Preface . If you think we have no worries because we can get arctic oil , think again. We can’t because icebergs mow drilling platforms down in the ocean. On Continue Reading
U.S. President Donald Trump plans to issue an executive order allowing him to impose U.S. sanctions on anyone who violates a conventional arms embargo against Iran, three sources familiar with Continue Reading
The U.S. unemployment rate shot up faster than in any other developed country during the pandemic. WSJ explains how differences in government aid and labor-market structures can help predict how Continue Reading
Despite oil production curtailments earlier this year that are not fully back online, the United States maintained its global status as the leading supplier of crude oil in July, ahead Continue Reading
More than 30% of US Gulf of Mexico offshore oil and 25% of natural gas output remained offline Sept. 17 after Hurricane Sally made landfall the day prior, according to Continue Reading
Four weeks after Hurricane Laura and one day after Hurricane Sally made landfall, almost 485,000 power customers lack service in Alabama, Florida, Georgia and Louisiana, which has weakened power demand Continue Reading
The Trump administration threatened Wednesday to impose an array of fresh sanctions to deter China and Russia from selling weapons to Iran after an arms embargo on Washington’s Middle East Continue Reading
The rebound in U.S. retail sales slowed by more than expected in August as federal relief for jobless Americans and small businesses dried up and the pandemic continued to weigh Continue Reading
There’s a chance water levels in the two largest man-made reservoirs in the United States could dip to critically low levels by 2025, jeopardizing the steady flow of Colorado River Continue Reading
John Hickman was filling out a coal production report about 2½ miles deep in a mountain when his foreman’s voice came over the intercom. “Stop mining,” the foreman instructed. “Bring Continue Reading
When Congress last pushed for comprehensive climate legislation a decade ago, much of corporate America was either neutral or hostile. In a sign of how much corporate attitudes have changed, Continue Reading
In the market for an abandoned cruise ship? Carnival Corp. — the parent company of nine cruise brands, including Princess, Costa, and Carnival — announced in a third-quarter earnings filing that Continue Reading
The United States’ nuclear sector is in trouble. And it has been for years now. While the United States remains the largest producer of nuclear energy in the world, producing Continue Reading
US ethanol production averaged 926,000 b/d for the week ended Sept. 11, a decrease of 15,000 b/d on the week and down 77,000 b/d year on year, data from the Continue Reading
General Motors announced that it will design, develop and manufacture a family of five interchangeable electric drive units and three motors, known collectively as “Ultium Drive.” GM said that Ultium Continue Reading
Houston — More than 540,000 electricity customers lost service across Alabama, Florida, Georgia and Mississippi after Hurricane Sally made landfall early Sept. 16, sapping power demand by 16.4% from forecast Continue Reading
US crude inventories declined in the week ended Sept. 14 as refinery demand rebounded following Hurricane Laura and imports flagged, US Energy Information Administration data showed Sept. 16. Commercial crude Continue Reading
More than a quarter of the U.S. Gulf of Mexico offshore oil and gas production remained shut on Wednesday by Hurricane Sally, which moved inland dumping heavy rains and cutting Continue Reading
U.S. consumer spending slowed in August, with a key retail sales gauge unexpectedly declining, as extended unemployment benefits were cut for millions of Americans, offering more evidence that the economic Continue Reading
Connecticut and Delaware have joined a growing list of states, cities and counties that have filed climate change lawsuits against the fossil fuel industry, claiming oil and gas companies knew Continue Reading
U.S. industrial production slowed to a modest increase of 0.4% in August, far weaker than the strong bounce back recorded in previous months when factories were coming back to life. Continue Reading
The survey of new orders for long-lasting goods contains one of the most closely watched U.S. economic indicators. WSJ explains durable goods, and why investors look beyond the headline number Continue Reading
The outcome of US presidential election in November is not expected to have an immediate impact on global oil flows, but Middle East producers will be closely watching the results, Continue Reading
