Oil prices jump more than $2 a barrel
Oil prices broke out of a month-long trading range on technical buying and industry talk as well as U.S. government data suggesting the global supply glut could be ebbing.
Oil prices broke out of a month-long trading range on technical buying and industry talk as well as U.S. government data suggesting the global supply glut could be ebbing.
Almost a quarter of Africa’s energy needs could feasibly be supplied by renewables within the next 15 years, according to a new report released by the International Renewable Energy Agency (IREA).
A Scottish company has developed a commercial scale method of producing biofuel capable of fuelling cars from the unwanted residue of the whisky fermentation process.
More than a decade ago, the EPA helped develop a technology that ultimately was used by an independent laboratory to catch Volkswagen’s elaborate cheating on car emissions tests. But EPA used the technology primarily to test trucks rather than passenger cars because such heavy equipment was a much bigger polluter.
The UN’s Human Rights Council refuses to investigate Saudi Arabia’s war in Yemen. And American leaders refuse to openly criticize the kingdom
In Europe, where three-quarters of the world’s diesel cars are sold, concerns over rising air pollution from diesel motor tailpipes have fueled calls for a radical rebalancing of the region’s road fuel mix for some time.
The Obama administration said Monday it has finalized the terms of a record $20.8 billion dollar settlement with BP PLC over the 2010 Deepwater Horizon oil spill in the Gulf of Mexico.
The U.S. rig count is down 56% from this time last year. The rig count decline has hit some areas harder than others.
The U.S. government’s testing underestimates how much fuel cars will burn on the road, and the problem has gotten worse, according to a study released on Thursday.
The oil slump has claimed at least 28,300 oil and gas jobs in Texas since December as the industry continues to pare back amid the worst downturn in years, according to the latest estimates released by an industry group.