business

The Keystone pipeline system, which carries crude oil from Canada to the United States, was shut down on Tuesday morning because of an oil spill in southeastern North Dakota, government and company officials said. The pipeline ruptured north of Fort Ransom, N.D., said Bill Suess, manager of the spill investigation program at the North Dakota … Read more

Oil is trading at its lowest level in nearly four years. Costs are rising. And Wall Street is growing more worried by the day that President Trump’s trade policies will tip the United States into a recession. The reaction in the oil patch? Silence, mostly. Oil and gas executives, eager to stay in Mr. Trump’s … Read more

To hear Trump administration officials and many energy executives tell it, the United States is on the precipice of a new golden age for natural gas that will be driven in large part by the voracious power needs of data centers. But turning natural gas into electricity requires giant metal turbines that are increasingly difficult … Read more

U.S. oil prices fell sharply, briefly dipping below $60 a barrel on Sunday — their lowest level in almost four years — as the economic fallout from President Trump’s latest round of tariffs reverberated around the world. Crude oil now costs around 15 percent less than it did last Wednesday, just before Mr. Trump revealed … Read more

A jury in Louisiana has ruled that Chevron must pay a parish government about $745 million to help restore wetlands that the jury said the energy company had harmed for decades. The verdict, which was reached on Friday, is likely to influence similar lawsuits filed by other parishes, or counties, in the state against other … Read more

Two chemical industry groups are asking President Trump for a complete exemption to free their factories from new limits on hazardous air pollution. Under a new rule finalized by the Biden administration last year, chemical plants would soon be required to monitor and reduce emissions of toxic pollutants, like ethylene oxide, a cancer-causing ingredient used … Read more

The sweeping tariffs that President Trump announced on Wednesday could hobble the use of giant batteries that energy companies are increasingly installing to help them tap more wind and solar power and make the broader electric grid more reliable. Over the past five years, grid batteries have become one of the biggest growth industries in … Read more

Oil prices plunged Thursday on fears that President Trump’s latest round of tariffs would slow economic growth around the world, curbing demand for gasoline, diesel, jet fuel and other forms of energy. The U.S. oil price was down more than 7 percent Thursday morning, trading below $67 a barrel, or around mid-March levels. Prices for … Read more