The Obama administration, in a significant reversal, announced Tuesday it was withdrawing a planned oil and natural gas lease sale off the southeast Atlantic coast, prompting cheers from coastal communities and environmentalists but criticism from oil companies and some state leaders.
President Muhammadu Buhari yesterday challenged African oil producers to see the huge challenges confronting the oil sector as a unique opportunity for Africa to look beyond the exploitation of oil to the use of other natural resources to upscale national revenues.
Declining prices and extra pipeline capacity have shrunk U.S. crude by rail shipments, according to an analysis by the U.S. Energy Information Administration.
The U.S. Department of Justice has widened its probe into the Volkswagen emissions cheating scandal by tapping a law to combat banking fraud, The Wall Street Journal reported today.
A dozen gas stations in San Diego County offer E85, compared to 1,000 conventional stations. Most E85 pumps came online within the past few years, including four in 2015.
As canoes glide past mangroves blackened by oil in the Niger River delta, two dozen children splash around in a creek covered by a sheen of crude while families take shelter from the punishing midday sun in half-built houses.
In simplest terms, the Corporate Average Fuel Economy (CAFE) standards are where national security meets cleaner air. Read more →
And boy, are there a lot of fools.
Minnesota’s ethanol industry contributed $2.13 billion to the state’s gross domestic product in 2015, according to a new study by ABF Economics.
Global oil markets jumped more than 5 percent on Monday, with Brent hitting a 2016 peak above $40 a barrel, after Ecuador said it was holding a meeting of Latin American crude producers as OPEC sought a higher anchor price for oil.
