The United Arab Emirates will next month leave OPEC, a cartel of oil-producing countries, its government said on Tuesday, a decision that will weaken the group’s influence over global energy markets.
WASHINGTON (AP) — The Trump administration announced two more payouts Monday for energy companies to walk away from U.S. offshore wind projects under development.
The two biggest oil-producing states are at a crossroads as they try to solve one of the industry’s thorniest problems — getting rid of billions of gallons of salty, oily wastewater that’s produced alongside crude.
Oil prices climbed more than 1% Monday after President Donald Trump canceled plans to send envoys to Pakistan for peace talks with Iran over the weekend, pushing Brent crude back to $107 a barrel and...
“We are facing the biggest energy security threat in history,” Fatih Birol, the head of the International Energy Agency, or IEA, told CNBC on Thursday.
In a hearing before the Senate Energy and Natural Resources Committee today, @SecretaryWright explained that in the 29 states that have laws mandating renewable portfolio standards, hardworking Americans pay 50% more for electricity.