Drivers of electric vehicles such as General Motors Co. (GM)’s Chevrolet Volt and Nissan Motor Co.’s Leaf may save as much as $1,200 a year on fuel compared with a new gasoline-powered compact, a scientists’ group found. More »
Japan may be without atomic- generated electricity for the first time in more than four decades next month when its last reactor still running after the Fukushima nuclear disaster shuts for maintenance. More »
Exploratory work to extract gas by hydraulic fracturing in England should be allowed to resume even though the technique has caused earth tremors, a report commissioned by the government said Tuesday. More »
The potential shortage of a key component used to make fuel lines and brake lines could force automakers in the U.S. and around the world to close car and truck plants as they run short of parts. More »
Chesapeake Energy Corp., the second-largest U.S. natural gas producer, plans to sell shares in its hydraulic-fracturing business unit to raise $862.5 million amid a North American gas glut that squeezed cash flow.
Houston-based Cheniere Energy on Monday cleared the final major hurdle to exporting natural gas when federal regulators approved the firm’s plan to build a plant for liquefying the fossil fuel in southwest Louisiana. More »
A federal judge has extended a deadline for BP and a team of plaintiffs’ attorneys to file details of a proposed settlement designed to resolve billions of dollars in economic damage claims spawned by the 2010 oil spill in the Gulf of Mexico.
Enbridge Inc. and Enterprise Products Partners LP plan to start crude oil shipments on the Seaway pipeline from Cushing, Oklahoma, to the U.S. Gulf Coast on about May 17, according to a filing with regulators. More »
Argentina said it plans to seize 51 percent of YPF SA, the country’s largest oil producer, to stem an increase in fuel imports and increase control over the nation’s oil reserves. The stock plunged. More »
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