What’s The Buzz?
The Iranian oil industry will continue to develop even if the United States pulls out of the 2015 nuclear deal, and Tehran would see the accord as operational as long as it can sell oil, the Oil Ministry’s news service quoted senior officials as saying on Monday.
Major automakers are telling the Trump administration they want to reach an agreement with California to avoid a legal battle over fuel efficiency standards, and support continued increases in mileage standards through 2025.
With President Donald Trump threatening to pull out of the Iran nuclear deal, fears are growing that pulling Iranian crude off the market could send oil markets skyrocketing.
March was the second best month ever on record for plug-in electric cars sales with nearly 142,000 sold (up 53% year-over-year).
Oil prices rose about 2 percent on Friday, with U.S. crude hitting its highest in more than three years, as global supplies remained tight and the market awaited news from Washington on possible new U.S. sanctions against Iran.
Last month, Environmental Protection Agency Administrator Scott Pruitt announced that the agency will abandon the long-term fuel economy standards developed by the Obama administration for 2022-2025, declaring, without evidence, that they are “too high.”
Tesla CEO Elon Musk is known for being outspoken and unscripted. But he took that to a new level in a remarkably blunt and contentious call with Wall Street analysts Wednesday after the automaker reported a record loss of more than $700 million last quarter.
The oil and gas industry and its products account for half of global carbon dioxide emissions. If humanity is to stand any chance of effectively addressing climate change, global oil and gas companies must become a part of the solution.
The company that Elon Musk built to usher in the electric-car future might not have enough cash to make it through the calendar year.
For decades America’s air was getting cleaner as levels of a key smog ingredient steadily dropped. That changed about seven years ago when pollution reductions leveled off, a new study found.