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California Oil Merger Advances as State Clears Path to Drill

The bill marks a sharp shift from years of regulatory scrutiny by the state’s lawmakers toward its oil and gas industry and decades of declining in-state crude production.

September 15, 2025

Fusion Energy Could Deliver Power in 8 Years, DOE Chief Says

Fusion energy, which powers the sun and stars, has the potential to produce abundant carbon-free electricity, but efforts to harness it have proved elusive.

September 15, 2025

Musk Answers Tesla’s Pay Proposal With $1 Billion Stock Buy

The purchase amounts to a show of confidence in Tesla’s prospects after a challenging first half of the year in which vehicle deliveries slumped 13% worldwide.

September 15, 2025

Tesla Chair Says Only Musk Can Lead Company’s Next Chapter

Tesla's chair insists no one other than Elon Musk is capable of leading the company’s transition into artificial intelligence and robotics — but it’s possible he won’t do it from the CEO’s seat.

September 13, 2025

VW Delays Electric Golf as Cost Cuts Stall Factory Revamp

Volkswagen is facing delays to the launch of its electric Golf, a setback for the German carmaker that’s grappling with a major restructuring, according to people familiar with the matter.

September 12, 2025

Ram Cancels US All-Electric Pickup Amid Demand Deceleration

Stellantis NV, which owns the Jeep and Ram brands, has canceled plans to bring its all-electric pickup truck to market, its latest product shake-up.

September 12, 2025

Amazon Tests GM BrightDrop EV Delivery Vans

The pilot, though modest — about 12 vehicles — places the GM vans among a fleet that includes vehicles built by Ford, Mercedes-Benz, Stellantis and Rivian.

September 12, 2025

Exxon Says Its New Form of Graphite Boosts EV Battery Life

CEO Darren Woods said the invention is being tested by several EV manufacturers.

September 12, 2025

OPEC Still Sees Tight Oil Market Despite Supply Increases

OPEC and its partners will need to provide an average of 43.45 million barrels a day in the second half of this year, considerably more than the 42.4 million they pumped in August.

September 11, 2025

Phillips 66 Ponders Buying US LNG, Hires Staff in Push

Phillips 66 is looking to buy liquefied natural gas from the U.S. through long-term contracts and is hiring staff in Houston to do this, according to people familiar.

September 10, 2025