energy News Updates

GovernmentBusinessFuel

鈥楥anada鈥 Is Becoming a Dirty Word in the Oil Patch

Canada鈥檚 beleaguered energy sector suffered another morale blow as Encana Corp. 鈥 one of its marquee companies that was born out of the 19th-century railway boom 鈥 announced plans to move its headquarters to the U.S. and drop the link to Canada from its name.

October 31, 2019
GovernmentBusinessFuel

Report Urges Trucking Regulators to Evaluate Fuel-Efficiency, GHG Emissions Standards

A new study by the National Academy of Sciences urges federal regulators to conduct an 鈥渋nterim evaluation鈥 of the federal medium- and heavy-duty truck Phase 2 greenhouse gas and economy rule with an eye toward more stringent standards.

October 24, 2019
BusinessFuel

Energy Transfer Is Back to Dealmaking With SemGroup Buy

U.S. pipeline giant Energy Transfer agreed to acquire rival operator SemGroup Corp. for about $1.35 billion in a stock and cash deal, building out billionaire Kelcy Warren鈥檚 empire even as investors demand financial discipline.

September 16, 2019
GovernmentBusinessFuel

Energy Stocks in Canada 鈥楧ecoupling鈥 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鈥檚 the worst divergence on record.

August 14, 2019
GovernmentBusiness

22 States Sue Trump Administration Over New Coal Rules

SACRAMENTO, Calif. 鈥 A coalition of 22 Democratic-led states sued the Trump administration Aug. 13 over its decision to ease restrictions on coal-fired power plants, with California鈥檚 governor saying the president is trying to rescue an outdated industry.

August 13, 2019
GovernmentBusinessFuel

Oil Demand Seen Peaking by 2023 While Climate Targets Are Missed

Within 20 years, oil use will have long since peaked, renewables and natural gas will account for about half of energy supply and the cost of keeping the lights on will plummet. But that still won鈥檛 be enough to meet climate goals, according to a forecast from energy and maritime services company DNV GL Group AS.

September 10, 2018
GovernmentBusinessFuelTCA

Mammoth Energy Services Expands Operations

One of Oklahoma鈥檚 fastest-growing companies, Mammoth Energy Services, continued to expand in the second quarter, buying up two more companies and securing new contracts throughout the country.

August 9, 2018
GovernmentFuel

US Cuts 2018 Crude Production Forecast Amid Lower Prices

U.S. crude producers are still set to pump record amounts of the commodity next year, but less so than previously projected, according to the latest government estimates.

July 11, 2017
BusinessFuel

Shell Mulls LNG-Hub Network as Use by Trucks Expands

Royal Dutch Shell, the oil company that spent more than $50 billion to buy natural-gas producer BG Group, is looking to expand demand for the fuel in transport to ensure its output is consumed.

July 11, 2017
BusinessFuel

Clean Energy Fuels Appoints Frank Meyer President of Compression Unit

Clean Energy Fuels Corp. appointed Frank Meyer president of subsidiary Clean Energy Compression.

May 16, 2017