Five years after the deadly Deepwater Horizon oil spill in the Gulf of Mexico, the Obama administration is out with new regulations on offshore drilling. The hope is to prevent future catastrophe, but environmentalists say offshore drilling still isn't worth the risks to ocean life.
Decarbonization trends and new technologies indicate we can land at a reasonable climate future with very modest costs and profound benefits, writes Hal Harvey of Energy Innovation.
A new analysis outlines how oil prices could remain well below $100 a barrel for the next two decades. But if we have learned anything over the past year, it is that oil markets are highly volatile.
Russia's state-owned gas producer Gazprom has suffered mightily under the weight of western sanctions and the fall in energy prices. And the results are beginning to show.
Iran hopes to bring an additional 1 million barrels of oil per day back online in the coming months if a deal can be signed, a volume that would crush oil prices.