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.
Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. fell by 48 this week to 1,310 amid depressed oil prices.
A Kansas Senate committee is considering two bills that could delay or prevent enactment of federal clean air rules to regulate carbon emissions from power plants.
The Canadian company behind the long-delayed Keystone XL pipeline will seek U.S. State Department approval for another pipeline — this one going north.
Gov. Bill Walker said he wants Alaska to pursue two natural gas pipeline projects, both of which would be capable of exporting liquefied natural gas.
The railroad company whose train triggered a massive explosion Monday in West Virginia had spent millions lobbying against rail oversight legislation in Congress, according to a report.
The Onion has nailed it with this headline: "Lucrative New Oil Extraction Method Involves Drilling Directly Into Gas Stations."
Stephen Schork, president of The Schork Group, discusses how refinery strikes and the yearly refinery maintenance season could hit demand for crude hard, sending crude prices even lower.
An explosion devastated a section of a refinery on Wednesday morning, shaking nearby homes, raining down ash and injuring four people. Experts said the disruption to production would likely drive up gas prices in California.
The facility — a structure several stories tall — was shattered. Crews poured water onto the structure afterward, and a fire spokesman said at midday the situation was controlled.
Mexican officials said Monday that two worn-out bolts on a gas tanker truck broke, causing a leak that resulted in a hospital explosion that killed five people last month.
Gasoline prices can spike for all kinds of reasons that make skeptical drivers roll their eyes: "tension" in the Middle East, a refinery suddenly shuts down for maintenance, or the annual springtime switch to summer blends of gasoline.
Billionaire Warren Buffett's company unloaded its 41 million shares of Exxon Mobil Corp. and sold a smaller stake in ConocoPhillips as oil prices fell last fall.
Water discharged from fracking sites in California contained levels of benzene and chromium-6 well in excess of federal standards, according to a recent report by an Arizona environmental group.
This most recent crude-by-rail disaster wasn’t quite the major catastrophe many have feared. But it got close. Real close. Which is why this latest crash should send a powerful warning to those looking to stop pipeline construction in the U.S.
Fires burned for hours after a train carrying more than 100 tankers of crude oil derailed in a snowstorm in West Virginia, sending a fireball into the sky and threatening the water supply of nearby residents, authorities and residents said Tuesday.
A federal judge has dismissed a New Orleans-area levee authority's lawsuit charging oil and gas companies with destroying Louisiana's coastal wetlands.
Lawmakers hoping to wean Washington state off coal power are trying to ease the way for the state's utilities to end the electricity it gets from coal.
The Houston company said it will lay off 6.5 to 8 percent of its staff, which represents 5,005 to 6,160 employees based on its total from the end of 2014.
Congressional leaders are delaying sending a bill authorizing the Keystone XL oil pipeline to the White House for a likely veto until after the recess break.