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Development of the first- and second-generation Afeela EVs will be shelved effective immediately, and the companies will re-evaluate Sony Honda Mobility.

Import prices increased 1.3% from the prior month, Labor Department data showed March 25, boosted in part by higher prices for petroleum and natural gas.

California is highly exposed to the disruption rippling across commodity markets because it imports about 20% of its refined fuels from Asia.

The administration will waive higher-ethanol E15 gasoline from U.S. volatility requirements this summer, delivering a win for corn farmers and biofuels producers.

Hope for a possible end to the war with Iran is pushing stocks higher again on Wall Street  while oil prices ease.

The average cost for a gallon of diesel in California rose to the highest level ever as the war in Iran disrupts global energy shipments. 

Iran said foreign ships are allowed to cross the Strait of Hormuz as long as they aren’t supporting acts of aggression against the country and follow certain rules.

Enbridge hasn’t ruled out helping build a new oil pipeline from Alberta to the British Columbia coast under the right regulatory conditions, the company's CEO said.

The Canadian energy leader pitched increasing natural gas flows to the U.S. to boost LNG exports from the Gulf Coast and meet rising power demand from data centers.

The Trump administration is moving quickly to get out biofuels blending standards, with an announcement coming soon, according to Agriculture Secretary Brooke Rollins.