BP Plc anticipates strong growth in the U.S. as President-elect Donald Trump improves regulations on the oil and gas industry just as artificial intelligence boosts energy demand.
November 25, 2024Search
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California EV Rebates May Omit Tesla Models
Gov. Newsom's office told Bloomberg News that the current proposal includes market-share limitations that would exclude Tesla鈥檚 popular EV models.
November 25, 2024California Pledges State EV Credit if Federal Subsidies End
California Gov. Gavin Newsom is promising to step in with a state electric-car tax credit if President-elect Donald Trump repeals a federal subsidy after he takes office next year.
November 25, 2024OPEC+ Shifts to Virtual Meeting as Oil Futures Slide
It鈥檚 the third time in a row that the group led by Saudi Arabia and Russia has turned a gathering scheduled for its Vienna headquarters into a virtual session.
November 25, 2024Nebraska Sues Truck OEMs Over 鈥楥ollusion鈥 on California Deal
Nebraska's attorney general filed an antitrust suit against four major original equipment manufacturers, alleging they colluded聽 to eliminate choice and raise truck prices.
November 25, 2024Tesla, Rivian Reach Conditional Settlement in Poaching Suit
Tesla didn鈥檛 disclose specifics, but told a California state judge that it expects to seek dismissal of the case by Dec. 24 upon satisfactory completion of the terms.
November 25, 2024UBS: Tesla鈥檚 Rally Fueled by Investor Optimism, Not Growth
Tesla Inc.鈥檚 post-election stock surge has more to do with market exuberance than actual improvement in the fundamentals of its business, UBS Group AG analysts cautioned in a report.
November 25, 2024Exxon Could Jointly Develop Natural Gas Deposits Off Cyprus
NICOSIA, Cyprus 鈥 Exxon Mobil could partner with a consortium composed of Eni of Italy and Total of France to jointly develop gas deposits close to each other off Cyprus鈥 southern coast.
November 22, 2024Automakers Urge Trump to Ease Fuel Efficiency Rules
An auto trade group asked U.S. President-elect Donald Trump to ease requirements on making vehicles more fuel efficient and to protect the industry from 鈥渦nfair鈥 practices by China.
November 21, 2024Phillips 66 Indicted for Alleged Toxic Sewer Discharges
The Texas-based company is accused of discharging hundreds of thousands of gallons of industrial wastewater containing excessive amounts of oil and grease.
November 21, 2024