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Oil prices are heading for their third consecutive weekly loss as tensions in the Middle East and North Africa ease, but supply risks in the region for next year remain “extraordinarily high”, the International Energy Agency (IEA) warned. Markets are “more optimistic” about future supply, the energy watchdog said in its July report on Friday, …
From geopolitical tensions in Iraq and Ukraine to political policy in the U.S., gas prices will definitely be in focus in the second half of the year.
U.S. oil exports could help bring global crude prices in check, but what consumer want to know is if it will mean cheaper prices at the pump.
The White House is easing up on a decades-long ban on exporting U.S. oil, allowing some companies to begin sending certain oil products out of the country. Morgan Brennan takes a look at what this could mean for the energy sector.
The violence in Iraq is one reason why gasoline prices here in the U.S. are especially high for this time of year and experts say they could keep going up.
Supporters of the Keystone XL Pipeline have found a new talking point: Iraq. Violence exploding in one of the world’s largest oil-producing nations is ricocheting in the debate over U.S. energy policy. Backers of the pipeline, which would run from Alberta, Canada, to Texas, are pointing to the crisis in Iraq as a rationale for pushing the project …
While turmoil in Iraq has boosted global oil prices over the past week on worries about supply disruptions, the Middle East isn’t the only global hotspot energy experts are keeping a close watch over.
Sectarian violence in Iraq sent oil surging on Thursday, propelling both Brent and West Texas Intermediate up about two percent intraday amid growing concerns about a threat to global supply. After a delayed reaction to turmoil raging in the country, oil prices soared as open warfare between rebel forces—threatening a reconquest of the country barely …
The trouble in Iraq impacts a lot of U.S. energy companies that do business there. Morgan Brennan takes a look at which firms have operations in Iraq and what’s at stake.
You would have been hard-pressed to find anyone who wanted to buy an oil field services company like Halliburton two years ago. Drilling activity was going through fits and starts, oil prices were below $90, and demand for its services—fracking, drilling, fuel transportation and more—were weak. In July 2012, Halliburton was firmly in the doghouse with its …
Just how big is the solar power industry in the U.S.? Which companies are investing in the future of solar and what’s the role of the federal government in promoting renewable energy?
The Environmental Protection Agency released a new proposal on Monday to cut carbon pollution from power plants. The controversial proposal would cut carbon emissions 30 percent from 2005 levels by 2030. U.S. business groups have argued the new rules would cut tens of billions of dollars from the economy. Read More War on coal? Carbon is …
The White House unveils new and controversial power plant rules that could have a big impact on both companies and consumers.
A man who once tried and failed to topple Moammar Gadhafi in the mid-1980s has returned to the scene as Libya struggles to free itself of largely Islamic militias and bring its energy industry back to life. General Khalifa Haftar says he’s just the man for the new job at hand. The self-declared leader of …
The United States could create nearly a million jobs and lower its domestic energy bills if it ended its crude oil export ban, two reports said on Thursday. Both the American Petroleum Institute—which represents oil producers—and research firm IHS made the case for the U.S. shipping some of its oil supplies abroad, even as consumers …