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Carney Pitches Trump on Energy Alliance, Keystone XL Project

Canadian Prime Minister Mark Carney pitched deeper cooperation with the U.S. on energy, including a possible revival of the Keystone XL pipeline, in his meeting with President Donald Trump.

October 8, 2025

GM Ends EV Tax Credit Plan and Offers Its Own Incentive

GM will give about $6,000 of its own cash for lease support and to keep EV sales going.

October 8, 2025

New Fortress’ Puerto Rico Gas Shipments at Risk Amid Dispute

New Fortress Energy has reached a tentative deal that may allow it to deliver LNG to its terminal in Puerto Rico after it hammered out an agreement with tugboat operators, local media reported.

October 8, 2025

Trump Targets $12 Billion in New Energy Project Cuts

The Trump administration is considering canceling about $12 billion in energy projects, including funding for hydrogen ventures backed by U.S. oil majors, according to a list seen by Bloomberg.

October 7, 2025

Exxon Mobil Sees $500 Million Rebound in Q3 Refining Margins

Exxon is the first of the oil majors to post quarterly earnings guidance and often sets the trend for the industry.

October 7, 2025

Tesla Unveils Cheaper Versions of Model Y SUV, Model 3 Sedan

Tesla introduced new versions of its top-selling models priced at under $40,000, making its main vehicles more affordable to counteract the loss of U.S. incentives for electric cars.

October 7, 2025

Lucid Production, Deliveries Disappoint as Tax Credit Expires

Lucid Group’s electric vehicle production fell short of Wall Street’s forecasts during the third quarter as the car maker contends with the elimination of the consumer tax credit.

October 6, 2025

German Carmakers Receive EV Tax Boost Before Summit With Merz

Germany’s ruling coalition confirmed it will extend a tax exemption for new EVs as part of a broader effort to support the nation’s key car industry in the transition to more climate-friendly technologies.

October 6, 2025

OPEC+ to Raise Oil Production by 137,000 Barrels per Day

The alliance has been raising output slightly in a series of boosts all year, after announcing cuts in 2023 and 2024.

October 6, 2025

OPEC+ Nations Strive for Agreement on Size of Next Oil Hike

OPEC+ nations are trying to reach consensus on how to adjust their oil production next month, with either a modest or more substantial supply increase possible, delegates said.

October 3, 2025