Energy industry

Democratic senators are set to propose a bill that would force U.S. oil companies to pay more tax at a time when they're raking in record profits.

These promissory notes offer buyers an accounting power: Emitters of planet-warming pollution get to deduct emissions from their own ledgers simply by purchasing tons of carbon offsets sourced to projects elsewhere.

The Internal Revenue Service released three notices asking for comments on the guidance it should issue related to some of the renewable energy-related provisions of the Inflation Reduction Act.

The clock is running out on the administration's efforts to tame fuel prices ahead of midterm elections.

U.S. gasoline prices are still high a week ahead of midterm elections.

Hyundai Motor Co. and the South Korean government are ratcheting up lobbying to loosen restrictions that Senator Joe Manchin fought to include in this year's U.S. climate law.

Previously rare, 'bargain purchases' in accounting for oil and gas company acquisitions may be more common in the near future.

One of the world's richest men felt he had to give one of the nation's most powerful lawmakers a little pep talk.

Included in the $433 billion Inflation Reduction Act is a 10-year production tax credit for nuclear energy producers.

The legislation would reinstate and increase a long-lapsed tax on crude and imported petroleum products to 16.4 cents per gallon.