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Rivian Quietly Paves Way for UAW Workforce Once Profitable

Under Rivian and the UAW’s confidential pact, the automaker would adopt a neutral stance toward efforts to organize workers at its Illinois factory where its vehicles are made.

December 19, 2024

Energy Chief Granholm Warns Against 'Unfettered' LNG Exports

WASHINGTON — The United States should proceed cautiously as officials consider new natural gas export terminals, Energy Secretary Jennifer Granholm said Dec. 17.

December 17, 2024

Trump to Take Reins as Biden Rushes Infrastructure Projects

WASHINGTON — While Republicans capped 2024 with a presidential victory, the Biden administration has been rushing to advance as many infrastructure and microchip projects as it can.

December 17, 2024

Trump Plans Immediate Energy Push After Inauguration

U.S. President-elect Donald Trump is poised to order changes meant to encourage domestic oil and gas development immediately after his Jan. 20 inauguration.

December 17, 2024

Diesel Price Gains 3.6¢ to $3.494 After Last Week’s Decline

U.S. diesel prices rose modestly by 3.6 cents to an average of $3.494 per gallon, according to U.S. Energy Information Administration data released Dec. 16.

December 16, 2024

Biden’s LNG Study to Stop Short of Halting New Exports

A study of liquefied natural gas exports by the Biden administration is expected to stop short of saying the approval of more shipments isn’t in the public interest, according to sources.

December 16, 2024

Tanker Rates Hit by OPEC+ Delays, Weak China Demand

The Baltic Exchange’s TD3C Index, which reflects rates for VLCCs on the Middle-East-to-Asia route, dropped to so-called Worldscale 39.05 on Dec. 13.

December 16, 2024

New Jersey Considers Fees on Gas, Oil Producers

TRENTON, N.J. — The New Jersey Legislature is considering charging gas and oil producers fees, and creating a Climate Superfund to clean up toxic waste.

December 12, 2024

US Considers New Russia Oil Sanctions to Weaken Putin

The Biden administration is weighing new, harsher sanctions against Russia’s lucrative oil trade, seeking to tighten the squeeze on the Kremlin’s war machine.

December 11, 2024