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News Highlights : Top Energy News of the Day

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04/17/2018 | 08:15 am

Australia's Outback Northern Territory Lifts Gas Moratorium

Australia's Northern Territory has scrapped a moratorium on shale gas fracking in a move that will open swaths of the Outback to exploration, with the government promising to protect environmentally-sensitive parks and indigenous regions.

Tesla Halts Model 3 Production Again

Tesla has again halted production of the Model 3 sedan, days after CEO Elon Musk said the auto maker's pace of making 2,000 of the sedans a week is sustainable.

Oil Retreats From Three-Year High as Syria Tensions Simmer

Oil prices retreated Monday from a three-year high reached at the end of last week, as geopolitical risks to supply receded.

Canadian Prime Minister Trudeau Presses For Pipeline

Canadian Prime Minister Justin Trudeau said he would ensure the Trans Mountain pipeline expansion gets built despite fierce opposition from of British Columbia.

The $24 Billion Job: An Energy CEO's Quest to Reshape Gas Exports

U.S. companies are scrambling to figure out how to sell more natural gas abroad. Tellurian Chief Executive Meg Gentle thinks she has a unique answer, but it is expected to cost $24 billion.

How Tesla's Musk Makes a Strategy Out of Defiance

Tesla's public feud with a top safety investigator is highly unusual in business, but classic Elon Musk.

U.S. Oil-Rig Count Up by 7 in Latest Week

The number of rigs drilling for oil in the U.S. rose by 7 this week to 815, Baker Hughes reported.

IEA: China-U.S. Trade Dispute Could Knock Oil Demand

The world's robust appetite for oil could be significantly dented by the escalating trade dispute between the U.S. and China, the International Energy Agency has warned.

Shipping Regulators Reach Deal to Cut Carbon Emissions

Historic pact aims to reduce greenhouse gas emissions by half by 2050; the U.S. and Saudi Arabia offer only objections to otherwise unanimous agreement.

Senate Confirms Wheeler for No. 2 Spot at EPA

The Senate approved Andrew Wheeler as deputy administrator of the Environmental Protection Agency. That puts him in line to run the EPA if administrator Scott Pruitt, recently involved in travel and spending controversies, were to leave the post.

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