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Car fuel efficiency drives down projected gas use

More stringent fuel-efficiency rules for car and light trucks will lower gasoline consumption through 2040, but such rules for trucks won’t cut demand for diesel fuel, the U.S. Energy Information...

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U.S.: Oil production in 2015 to be highest since 1972

U.S. crude oil production, rising steadily since 2008, is likely next year to hit its highest level since 1972 while Iraq’s output, despite unrest there, is expected to hold steady, according to a...

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OPEC: Rising global oil demand driven by U.S.

An oil well near Tioga, N.D. (Karen Bleier, AFP/Getty Images) Global demand for oil will pick up next year as U.S. consumption reverses a four-year decline, and the United States will produce an...

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Wal-Mart, GM, HP lobby to boost renewable energy

A dozen leading companies, including Wal-Mart and General Motors, called for market changes Friday that would make it easier for them to buy more renewable energy. The companies say they collectively...

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Petroleum exports lower U.S. trade deficit

  The United States’ export boom of oil-based petroleum products is significantly reducing its trade deficit, the federal government reported Monday. U.S. net exports of crude oil and petroleum...

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U.S. oil refineries do record business

AP, Economy Survey-Energy Exports As U.S. oil production surges, America’s refineries are doing record business. By boosting capacity in the Midwest and Gulf Coast, they’re now processing more barrels...

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Direct Energy buys Astrum Solar to access home market

Centrica’s North American subsidiary, Direct Energy, announced Tuesday that it’s entering the expanding U.S. residential solar market by acquiring Astrum Solar, an installer, for $54 million....

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SolarCity expands in seven states

SolarCity, the dominant U.S. installer of residential solar panels, announced Thursday that it is continuing to expand by opening 20 new operation centers in seven states by the end of this year. The...

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Report: Glencore eyes merger to create mining leader

The Switzerland headquarters of Glencore, a commodities trading and mining giant, is shown in 2012. (Sigi Tischler, AP) The world’s largest mining company could result if a merger, reportedly in a...

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SolarCity lets homes buy solar with no upfront costs

U.S. Sen. Michael Bennet, D-Colo., center, helps SolarCity employees Jarret Esposito and Jake Torwatzky install a solar panel on a home in Denver on June 18, 2010. SolarCity, the dominant U.S....

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