Republicans push pipeline bills to import Canadian crude oil amid rising domestic oil output and falling gasoline prices.
Some economists are warning that the U.S. faces creeping deflation. Here's what that means and why economists fear it.
At the end of 2013, U.S. Steel Corp. had about 26,000 employees in North America and about 12,500 in Europe.
Oil markets had slumped for a fourth straight session on Tuesday as mounting worries about the supply glut pressured crude prices.
Individuals will each receive about 2,200 pounds in the first such case to pay compensation directly to individual community members.
Gov. Brown said California "must show the way" on climate change policies and inspire other U.S. states to act on emissions.
Oil prices slipped to 5½-year lows Monday amid reports of rising production in Iraq, Russia and other major crude-exporting nations.
The former U.S. Treasury secretary said the climate change policy would keep Americans from guzzling more cheap fuel as prices hit five-year lows.
Lackluster economic data from the U.S. on Friday fueled worries about the state of the global economy and the strength of oil demand.
The American Automobile Association predicts that American consumers will save up to $75 billion on gasoline in 2015 as oil prices remain low.
Global benchmark Brent crude has fallen 49 percent in 2014.
The $1.2 billion new reactor is expected to provide electricity to southern Indian states, including Tamil Nadu, Karnataka and Kerala.
The European Commission also has been investigating allegations that BP manipulated oil and biofuel prices.
Earlier this month, Ukrainian authorities reported an accident at the plant but said it represented no danger to health or the environment.
The message marks the first sign that the US is becoming comfortable about allowing firms to work around the nation’s four-decades-old ban.
Authorities have found evidence that a low-risk computer ‘worm’ had been removed from devices connected to some nuclear plant control systems.
Brent crude oil fell to a 5-1/2-year low on Tuesday as a global supply glut outweighed concerns of lost supply from Libya.
The accident occurred just a week after state-run Korea Hydro and Nuclear Power Co. was threatened by anonymous hackers.
The country could outlast years of low oil prices using its massive cash stockpile of $750 billion.
South Korea had traced multiple Internet addresses involved in the cyberattack to a northeastern Chinese city near North Korea.
Oil prices could begin finding a new equilibrium by the end of 2015, even in the absence of any production cuts by OPEC.
Should BP pay a lower penalty for the 2010 Gulf of Mexico spill because oil prices are down? The company thinks so.
The global decline in crude oil prices is beginning to reveal consequences around the globe — far beyond the Russian ruble crisis.
India prepares to transfer subsidies on cooking gas to consumers' bank accounts even as its public distribution system continues to totter.
Analysts predict prices will remain over $60 barrel for the rest of the year, but also say further large jumps are unlikely.
Britain is considering reducing the tax bill for oil explorers in the North Sea including a proposal from the industry to halve rates.
Saudi Oil Minister Ali al-Naimi blamed falling oil prices on speculators and lack of cooperation from non-OPEC members
India is offering to set up an insurance pool to indemnify global nuclear suppliers against liability in the case of a nuclear accident.
Federal regulators classified the byproduct of coal-burning power plants as solid waste. Green groups call it a weak first step.
A Goldman Sachs analysis this week found that low oil prices could put almost $1 trillion in future oil and gas projects at risk.