US President Barack Obama will release on Monday a final version of the Clean Power Plan in what he calls the nation’s most important step to combat climate change.
A federal judge says BP will begin paying up to $1 billion in settlements to compensate local governments across the Gulf Coast for lost tax revenue and other economic damages they blame on the company's 2010 oil spi ...
Iran and six world powers reached an agreement on Tuesday to lift sanctions against the Islamic Republic, and while U.S. and Iranian leaders have heralded the deal as a victory, the real winners could be corporations ...
Iran has worked out a “special plan” for exports of petrochemical products to the US, secretary of the Association of Petrochemical Industry Corporations (AIPC) Ahmad Mahdavi said on Monday
Iran has achieved technical know-how for production of catalysts used by isomerization units of oil refineries, putting an end to the United States’ monopoly in the field.
A delegation from Emirates Central Cooling Systems Corporation (Empower), a leading district cooling services provider, is heading to Boston, US to take part in the 106th International District Energy Association (I ...
Money manager David Einhorn slammed the shale drilling industry that ushered in a new era of U.S. oil production as wasteful, expensive and a terrible investment.
The US State Department says it cannot confirm a report that an American oil delegation plans to visit Tehran within the next few days to discuss business.
The meteoric rise in U.S. oil production has ended, easing a global glut and driving a rebound in crude prices from below $50 a barrel, according to crude trader and hedge fund manager Andrew J. Hall.