Houston energy companies have reported at least $20 billion in tax benefits from the recently enacted tax overhaul, but whatever savings the firms realize will likely go to well-heeled investors rather than support the local economy through hiring, pay raises and expansions.
A federal judge who halted construction of a crude oil pipeline through a Louisiana swamp concluded that the project’s irreversible environmental damage outweighs the economic harm that a delay brings to the company building it.
Armed with years of air quality testing and other evidence, the U.S. Environmental Protection Agency tentatively concluded late last year that most of southeast Wisconsin needs to take more aggressive action to reduce lung-damaging smog.
Gas prices this summer are expected to be the most expensive since 2014, closing in on $3 per gallon, according to a new report from the Oil Price Information Service.
Exxon Mobil is abandoning its joint exploration ventures with the Russian oil company Rosneft, retreating from what was one of its most promising investments until Western sanctions got in the way.
Billionaire investor Carl Icahn and the leading U.S. biofuel trade group provided a deal to the Trump administration for revamping the Renewable Fuel Standard that would give both parties a long-sought change to the regulation.
Hurricane-force winds near Kodiak caused a dock to collapse on Monday morning, releasing up to 3,000 gallons of fuel into critical marine habitat, officials said.
Researchers have claimed a breakthrough in energy storage technology that could enable electric cars to be driven as far as petrol and diesel vehicles, and recharge in minutes rather than hours.
The sun won’t rise at the North Pole until March 20, and it’s normally close to the coldest time of year, but an extraordinary and possibly historic thaw swelled over the tip of the planet this weekend.
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Oil companies to reap windfall in tax cuts, but shareholders get the lion’s share
Houston energy companies have reported at least $20 billion in tax benefits from the recently enacted tax overhaul, but whatever savings the firms realize will likely go to well-heeled investors rather than support the local economy through hiring, pay raises and expansions.
Judge explains order halting Louisiana pipeline construction
A federal judge who halted construction of a crude oil pipeline through a Louisiana swamp concluded that the project’s irreversible environmental damage outweighs the economic harm that a delay brings to the company building it.
U.S. advisory panel pushes for lower offshore oil royalties
Oil executives urged the Trump administration to slash the rates their companies pay to harvest natural gas and crude from beneath U.S. waters.
Another break for Foxconn? EPA office led by Gov. Walker’s former aide to decide smog pollution rules
Armed with years of air quality testing and other evidence, the U.S. Environmental Protection Agency tentatively concluded late last year that most of southeast Wisconsin needs to take more aggressive action to reduce lung-damaging smog.
Gas prices this summer are expected to hit a four-year high
Gas prices this summer are expected to be the most expensive since 2014, closing in on $3 per gallon, according to a new report from the Oil Price Information Service.
ExxonMobil scraps a Russian deal, stymied by sanctions
Exxon Mobil is abandoning its joint exploration ventures with the Russian oil company Rosneft, retreating from what was one of its most promising investments until Western sanctions got in the way.
Trump said to consider biofuel plan between Icahn, ethanol group
Billionaire investor Carl Icahn and the leading U.S. biofuel trade group provided a deal to the Trump administration for revamping the Renewable Fuel Standard that would give both parties a long-sought change to the regulation.
Up to 3,000 gallons of fuel oil spilled in ‘critical habitat’ north of Kodiak
Hurricane-force winds near Kodiak caused a dock to collapse on Monday morning, releasing up to 3,000 gallons of fuel into critical marine habitat, officials said.
Energy storage leap could slash electric car charging times
Researchers have claimed a breakthrough in energy storage technology that could enable electric cars to be driven as far as petrol and diesel vehicles, and recharge in minutes rather than hours.
North Pole surges above freezing in the dead of winter, stunning scientists
The sun won’t rise at the North Pole until March 20, and it’s normally close to the coldest time of year, but an extraordinary and possibly historic thaw swelled over the tip of the planet this weekend.