How Trump’s Canadian Oil Tariff Would Hit U.S. Refineries
The largest refinery in the Midwest will have an unpalatable choice if President Trump imposes tariffs on Canadian oil: Pay more for the crude that it transforms into gasoline and…
Is XRP Broken? CTO Says ‘Drift’: XRP Ledger Block Production Stalls
The XRP Ledger, one of crypto’s oldest and most trusted networks, broke down on Tuesday, freezing transaction validation for over an hour. The system patched itself and moved on, but…
Trump Tariffs Could Hurt Oil Companies and Increase Gas Prices
Oil and gas companies in the United States are bracing for the possibility that President Trump will thrust their businesses into disarray and will drive up prices at the pump…
Shell and Equinor Oil and Gas Production Is Blocked at Sites Off British Coast
A court in Scotland blocked the production of oil and gas on Thursday at two large project sites being developed in British waters until their impact on climate change can…
Chevron Wants to Tap Into A.I. Boom by Selling Electricity to Data Centers
The artificial intelligence boom has turbocharged demand for electricity, and everyone who is anyone in the U.S. energy industry wants a piece of the action. The latest entrant is Chevron,…
Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’
President Trump is swinging American energy policy sharply in favor of fossil fuels, but oil and gas companies say those changes won’t push them to engage in the frenzy of…
Stellantis Will Restart Illinois Factory That U.A.W. Pushed to Revive
Stellantis, the company that owns Chrysler and Jeep, said on Wednesday it planned to reopen a factory in Illinois and increase production elsewhere in the United States, a move that…
Why Oil Industry Jobs Are Down, Even With Production Up
For years, as oil and gas companies increased production, they hired lots of workers, enriching communities across the United States. That is no longer true. The country is pumping more…