The MAPI Foundation's latest quarterly economic forecast predicted the cost per barrel of imported crude oil to average less than $50 this year, down dramatically compared to the $80 per barrel forecast in the group's November report.
Two New Orleans Public Belt Railway cars each carrying 30,000 gallons of crude went off the tracks.
Two batches of bad fuel produced at ExxonMobil in mid-March 2014 caused some Baton Rouge area drivers to experience problems with their intake and valve systems.
Gas prices are soaring in California in a classic example of supply and demand after an explosion stopped gasoline production at an Exxon Mobil refinery while another remains offline due to labor unrest.
The Advocate reports the group represents more than 57 petrochemical, energy, paper, pharmaceutical, pipeline, storage terminal and other industrial facilities in the eight parishes surrounding Baton Rouge.
President Barack Obama said the federal government plans to strengthen regulations regarding oil train safety.
We all know the current oil boom has produced winners and losers around the U.S. — and they're often packed into the same small towns.
A Nebraska judge has issued a temporary order to stop a Canadian company from seizing access to land in one eastern county to build the Keystone XL pipeline.
Regulators are reportedly investigating four deaths on the Bakken range since 2010 that could be linked to vapor exposure, though none have been officially attributed to that cause.
Soaring oil prices the past decade transformed this rural backwater into Colombia's richest city as nearby fields pumped black gold, drawing new businesses, international pop stars and vanity art projects such as the biblical-themed arch that towers over these sweltering grasslands.
The chairman of the Russian Security Council says Western sanctions are threatening the country's oil and gas industry.
Gas prices that fell for months have continued to climb for 29 straight days. Meanwhile, the largest oil refinery strike in 35 years is now in its fourth week. Does it mean the end of cheap gas?
On Tuesday, the Keystone XL pipeline bill arrived at President Obama's desk and was promptly vetoed. So what does the future hold for the prospects of this major pipeline?
A report from a Baltimore-based financial network warns of 19 energy stocks in jeopardy of "going belly-up" in the wake of plummeting oil prices.
The ice tells how levels of carbon dioxide, the heat-trapping gas, have fluctuated over hundreds of thousands of years. This is also the place where a hole in the ozone layer, from man-made refrigerants and aerosols, periodically parks for a couple months and causes trouble.
President Barack Obama will veto a Republican-backed bill on Tuesday that would have approved construction of the Keystone XL oil pipeline.
Similar battles are playing out in other states, but it's especially intense in Colorado, which has abundant oil and gas, a deep-rooted belief in property rights and a strong environmental movement.
Properly disposing of waste from the leather processing industry is a costly and tricky endeavor — which is why a team of scientists has been hard at work demonstrating that there could be way to make good use of this toxic sludge.
The company began drilling for shale gas at its exploration well in northeastern Romania in 2014, a project that drew protests. It is also ending its three other concessions in Romania.
The U.S. government predicts that trains hauling crude oil or ethanol will derail an average of 10 times a year over the next two decades, causing more than $4 billion in damage and possibly killing hundreds of people if an accident happens in a densely populated part of the country.
India's filthy air is cutting 660 million lives short by about three years, according to research published Saturday that underlines the hidden costs of the country's heavy reliance on fossil fuels to power its economic growth with little regard for the environment.
The newly affected plants include a refinery in Port Arthur, Texas — the nation’s largest — along with two refineries and a chemical facility in Louisiana.
The U.S. remains a net importer of oil despite increased domestic production. That, says economist Dan Meckstroth, means the U.S. as a whole stands to benefit from an oil market that has wreaked havoc on oil exporting nations.
A campaign to get universities to stop investing in greenhouse gas-producing fuels has come deep into energy country as activists ask the University of Colorado to divest from coal and petroleum companies.