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Iran Oil Tanker Released by Gibraltar as US Eyes Detention

Iran is racing to return an oil supertanker to international waters after a Gibraltar court determined it couldn’t wait for the United States to take action that would prolong the six-week detention of the vessel for allegedly violating trade sanctions.

August 15, 2019

Energy Stocks in Canada ‘Decoupling’ From Oil Seen as Worst Ever

The days when energy stocks and the price of oil moved in lockstep are now few and far between. In Canada, it’s the worst divergence on record.

August 14, 2019

Trump Plans to End Methane Curbs That Oil Companies Want to Keep

The Trump administration is readying a plan to end direct federal regulation of methane leaks from oil and gas facilities, even as some energy companies insist they don’t want the relief.

August 14, 2019

New North Carolina Law Means Electric Vehicles Can Pay for Power

A new North Carolina law allows the operators of publicly available electric car charging stations to make drivers pay for how much electricity they get when they charge their car batteries.

August 14, 2019

Trump to Promote Turning Natural Gas Into Plastics in Pennsylvania

BERKELEY HEIGHTS, N.J. — President Donald Trump is showcasing growing efforts to capitalize on western Pennsylvania’s natural gas deposits by turning gas into plastics.

August 13, 2019

Consumer Prices Rose 0.3% in July Amid Widespread Cost Increases

WASHINGTON — U.S. consumer prices rose 0.3% in July, pushed higher by more expensive gas, medical care and housing.

August 13, 2019

Diesel Average Price Falls 2.1¢ to $3.011 a Gallon

The U.S. average retail price of diesel continued to drop, falling 2.1 cents to $3.011 a gallon, the Department of Energy reported Aug. 12.

August 12, 2019

Portugal May Declare Civil Order to Counter Fuel Supply Shortage

Portugal may declare a civil order to ensure that truck drivers, who began a strike Aug. 12, deliver enough fuel to stop gas stations across the country from running dry at the height of the country’s tourism season, Prime Minister Antonio Costa said.

August 12, 2019

Russia, Iran, Others Debate How to Divide Caspian Oil Riches

TURKMENBASHI, Turkmenistan — Five countries bordering the energy-rich Caspian Sea met Aug. 12 at an economic forum hosted by Turkmenistan in a bid to agree on how to divide the region’s oil wealth.

August 12, 2019

Oil Jumps Most in Month as Saudi Action Outweighs Demand Worries

Oil surged the most in nearly a month as investors digested Saudi Arabia’s latest plan to help stabilize prices following a large dip earlier in the week that was fueled by demand concerns.

August 9, 2019