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Energy & Environment

Comprehensive coverage of the energy industry and environment, including global oil and gas markets, policy changes impacting climate and the latest developments in solar and wind power.

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Energy & Environment Videos

Harvey puts the squeeze on end-of-summer travel budgets 02:18

With 25 percent of America's refining capacity shut in due to damages caused by Harvey, gas prices are spiking just as drivers prepare to hit the road for the Labor Day holiday weekend.

Greener, not leaner: VW boosts US sales target 01:45

Volkswagen is launching a scrappage scheme for older diesel vehicles in Great Britain as it tries to lure buyers back post-dieselgate - while announcing ambitious new sales targets in the US. David Pollard reports.

Crude Oil

FILE PHOTO: A crude oil train sits parked outside the Philadelphia Energy...

Skinny and sweet: U.S. refiner earnings depend on the oil diet

Shares of smaller independent U.S. refiners with less complex facilities surged in the stock market in the first quarter as investors expect strong earnings growth thanks to a fall in price of their primary cost - light, sweet crude oil coming out of West Texas - to more than three year lows.

FILE PHOTO: An airplane comes in for a landing above an Exxon sign at a gas...

Exxon faces setback in Iraq as oil and water mix

Talks between Exxon Mobil and Iraq on a multi-billion-dollar infrastructure contract have reached an impasse, Iraqi officials and two industry sources said, in a potential setback to the oil major's ambitions to expand in the country.