Oil prices rose on expectations China’s plan to boost government spending will keep global oil demand robust and on concerns simmering tensions between the U.S. and Iran may disrupt oil supplies.
Tech companies are pitching their cloud and artificial intelligence expertise to oil and gas producers, but some worry such deals will foster new competitors in a more data-driven energy industry.
As it prepares for its IPO, Bloom Energy faces questions about why it paid millions in a settlement to investors.
An all-out effort to block the pipeline offers an opportunity to restore credibility after Helsinki.
A nearly century-old steam pipe exploded in Manhattan, tearing open a city street and sending mud, debris and asbestos spewing into the air as commuters headed to work. The blast injured five.
Oil prices rebounded after a Saudi official said concerns about oversupply are “without basis.”
Oil prices ended higher despite data that showed U.S. inventories of crude oil increased sharply last week, as investors focused on an unexpectedly large decline in U.S. gasoline stockpiles.
The U.S. Energy Department says it is spending over a million dollars a day on a partially built plutonium-disposal facility that it would like to repurpose to do something else.
Houston is set to get its own oil futures, a sign of the city’s growing importance as the U.S. sends more crude abroad.
Some in Washington now expect China to vacuum up much of the Iranian oil that other nations won’t buy because of the threat of U.S. sanctions.
The former chief executive of offshore oil and gas driller Energy XXI settled an investigation into more than $10 million in undisclosed loans he took from contractors and a portfolio manager at the firm’s largest shareholder.
The oil giant is struggling as the industry shifts and investors look elsewhere for profits. CEO Darren Woods’s plan to make a comeback by spending more on fossil-fuel projects has so far proved unpopular.
Delta Air Lines said it will boost fares and add fewer flights than planned as carriers contend with a surge in fuel prices amid a record stretch of profits.
Global oil outages may push spare production capacity to the limit, a top energy body warned, hinting it would be ready to tap its emergency supplies if needed.
He’s right about Berlin’s energy dependence on Vladimir Putin.
Mexico’s annual inflation rate accelerated in June for the first time in six months, led by increases in energy and transport costs.
Recently retired John Watson of the oil giant Chevron Corp. topped the list of highest-paid energy bosses in the S&P; 500, taking home more in 2017 than his counterpart at Exxon Mobil Corp.
Quorum Business Solutions Inc., a software provider to the energy industry, is betting a rebound in oil prices will help it land a new owner. The recovery has propped up valuations for these companies, encouraging more of them to explore sales.
Andrew Wheeler, who was named acting chief after Scott Pruitt resigned, said he plans to stick with Trump’s priorities, including changing the Clean Power Plan and de-emphasizing climate-change initiatives.
Andrew Wheeler, the man leading the Environmental Protection Agency after Scott Pruitt’s resignation, has expressed skepticism about the human impact on climate change.