NPR's Kelly McEvers talks to Erika Solomon of the Financial Times about why it's been so challenging to disrupt the Islamic State's oil production in territory it controls in northern Syria and Iraq.
Shell spent 10 years and $7 billion preparing for an offshore drilling operation in the Arctic. But after a disappointing test well, the company says it's giving up, for now.
Alaska's economy depends heavily on oil for jobs and tax revenues. Shell's decision to halt oil and gas exploration off the state's northern coast is a "huge disappointment," the governor says.
In an interview with NPR, Iranian President Hassan Rouhani says his country will use its added billions of dollars from the nuclear deal for boosting the Iranian economy.
Shell announced the move late Sunday, describing what the company called "a clearly disappointing exploration outcome" in the Chukchi Sea, which is part of the Arctic Ocean.
New safety regulations and a slump in oil prices means tens of thousands of railroad tank cars are being taken out of service. Railroads are scrambling to find space to store unwanted oil trains.
Montana has one of the heaviest lifts of any state to comply with the EPA's plan to reduce carbon emissions. But the state is also rich in renewable energy, and the regulations may be a boon to some.