Energy

In this Oct. 8, 2019 file photo, the logo for Schlumberger appears above a trading post on the floor of the New York Stock Exchange. Schlumberger is cutting more than 21,000 jobs and paying $1.02 billion in severance as declining oil prices amid the coronavirus pandemic push it to slash costs Schlumberger Ltd. said in a regulatory filing on Friday, July 24, 2020, that vast majority of the severance charge is expected to be paid out during the second half of the year.
Schlumberger Cuts 21,000 Jobs
It represents a quarter of the entire workforce for the world's largest oilfield services company.
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Battery Breakthrough Could Yield Electric Flight, Long-Range Cars
New technology could allow long-lasting, high-powered and safer lithium metal batteries.
Jul 22nd, 2020
European Commissioner for European Green Deal Frans Timmermans speaks during a media conference at EU headquarters in Brussels, July 8, 2020.
Europe Bets on Clean Hydrogen
The European Commission plans to invest up to $530 billion in renewable hydrogen by 2050.
Jul 20th, 2020
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The Lower Granite Dam near Colfax, Wash., May 15, 2019.
Snake River Dams Will Not Be Removed
Aug 3rd, 2020
Chevron logo above a trading post on the floor of the New York Stock Exchange, Oct. 8, 2019.
Oil Giants Lose Billions as Pandemic Crushes Demand
Aug 3rd, 2020
A fire burns after an explosion near Junction City, Ky., Aug. 1, 2019.
Pipeline Explosion Victims Sue Line Operator
Aug 3rd, 2020
Republican Ohio state Rep. Larry Householder sits at the head of a legislative session as Speaker of the House, in Columbus, Ohio, Wednesday, Oct. 30, 2019.
Nuclear Bailout Tied to Bribery Scandal Was Years in Making
Aug 3rd, 2020
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A Chevrolet Volt hybrid car charging.
Electric Car Charging Stations on the Rise
There are now 26,000 electric vehicle charging stations open to the public in the U.S.
Aug 3rd, 2020
The Iron Gate Dam, powerhouse and spillway on the lower Klamath River near Hornbrook, Calif., March 3, 2020.
Calif. Governor Asks Buffett to Support Dam Removal
The hydroelectric dams are owned by PacificCorp, a utility that is part of Buffett’s Berkshire Hathaway conglomerate.
Jul 31st, 2020
The logo for ExxonMobil appears above a trading post on the floor of the New York Stock Exchange.
Exxon Lost $1B in Q2 as Oil Use Dries Up
The price of a barrel of benchmark U.S. crude fell below $0 in April.
Jul 31st, 2020
CITGO oil executives, from left, Jose Angel Pereira, Gustavo Cardenas, Jorge Toledo, Jose Luis Zambrano, Tomeu Vadell and Alirio Jose Zambrano.
Oil Execs on House Arrest in Venezuela
Authorities accuse the men of corruption stemming from a plan to refinance some $4 billion in Citgo bonds.
Jul 31st, 2020
A car leaves a Shell station.
Shell Profits Plunge 82%
The COVID-19 pandemic slashed energy prices and demand.
Jul 30th, 2020
This April 26, 2020, photo shows empty lanes of the 110 Arroyo Seco Parkway that leads to downtown Los Angeles during the coronavirus outbreak in Los Angeles, CA. A record drop in U.S. energy consumption this spring was driven by less demand for coal that's burned for electricity and oil that's refined into gasoline and jet fuel.
In April, US Energy Use Was Lowest in 30 Years
At the height of economic shutdowns due to COVID-19, the U.S. used its lowest amount of energy since September 1989.
Jul 29th, 2020
The base of the cryostat sits inside the bioshield of the ITER Tokamak in Saint-Paul-Lez-Durance, France, July 28, 2020.
Scientists Begin Building Nuclear Fusion Device
The international experiment aims to develop the ultimate clean energy source.
Jul 29th, 2020
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Thermal Runaway Likely Caused Explosion at Ariz. Battery Facility
Eight firefighters were injured in the blast.
Jul 29th, 2020
A nuclear test detonation in Yucca Flat, Nev., April 22, 1952.
Groups Push to Remove Proposed Funding for Nuclear Testing
A Senate defense bill includes funding to resume live testing for the first time in nearly three decades.
Jul 28th, 2020
Ohio House Speaker Larry Householder leaves the federal courthouse in Columbus, July 21, 2020.
'Unholy Alliance' Fueled Corruption Scheme
An embattled energy company and powerful state lawmaker face a reckoning that could upend Ohio's political landscape.
Jul 28th, 2020
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Chevy to Produce Full Size Electric Pickup
The vehicle will reportedly run 400 miles on a single charge.
Jul 27th, 2020
A composite of March 2015 photos shows a shallow crater on Mars called Spirit of St. Louis.
US Eyes Nuclear Plants for the Moon, Mars
A fission surface power system could allow humans to live in harsh space environments for long periods.
Jul 27th, 2020