Environmentalists and labor unions that threw their support behind U.S. President Joseph Biden now find themselves on the opposite sides of a battle over the construction of big pipeline projects between Canada and the United […]
Oxy Low Carbon Ventures, a subsidiary of Occidental Petroleum, delivered 2 million barrels of “carbon-neutral oil” to Reliance Industries in India, it said late Jan 28. The US company said it was the energy industry’s […]
Speaking on invite-only social networking app Clubhouse, Tesla Inc. Chief Executive Officer Elon Musk stepped briefly away from debating the existence of aliens and the merits of wiring a monkey’s brain so that it can play video games to […]
The chief executives of Exxon Mobil Corp. XOM -2.65% and Chevron Corp. CVX -4.29% spoke about combining the oil giants after the pandemic shook the world last year, according to people familiar with the talks, testing the waters for what could be one of the […]
There were few positives from 2020, but one of them was massive growth in the sales of electric vehicles. In the UK, all-electric cars went from 1.6% of the market in 2019 to 6.6% of […]
American oil executives began a pushback against some of President Joe Biden’s climate policies by making the case that fossil fuels from U.S. shale have a lower carbon footprint than imports. Since taking office this […]
Biden’s one-year moratorium on new leases for fossil fuel extraction from federal lands and waters will have a minimal, short-term impact on oil and gas companies that long anticipated such a move. But if the […]
President Joe Biden outlined ambitious new plans for taking on climate change on Wednesday, but the most potent weapon may already be in his arsenal. The five-member Federal Energy Regulatory Commission is poised to play a pivotal role fulfilling […]
Jan. 29, 2021– Chevron Corporation (NYSE: CVX) today reported a loss of $665 million ($(0.33) per share – diluted) for fourth quarter 2020, compared with a loss of $6.6 billion ($(3.51) per share – diluted) in fourth quarter 2019. Included in the current […]
The timing and magnitude of wind turbine installations in the United States are often driven by tax incentives. The U.S. production tax credit (PTC), a per-kilowatthour (kWh) credit for electricity generated by eligible renewable sources, was first […]
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