Will Direct Transfers Help Reduce India's Subsidy Bill?
December 22 2014 5:49 AM
India prepares to transfer subsidies on cooking gas to consumers' bank accounts even as its public distribution system continues to totter.
Brent Climbs Toward $63 Amid Stronger Asia Markets
December 22 2014 3:42 AM
Analysts predict prices will remain over $60 barrel for the rest of the year, but also say further large jumps are unlikely.
Britain Weighs Up Oil Industry Calls For North Sea Tax Breaks
December 22 2014 2:41 AM
Britain is considering reducing the tax bill for oil explorers in the North Sea including a proposal from the industry to halve rates.
Saudi Arabia Says Won't Cut Oil Output
December 21 2014 2:01 PM
Saudi Oil Minister Ali al-Naimi blamed falling oil prices on speculators and lack of cooperation from non-OPEC members
India Looks To Sway Americans With Nuclear Power Insurance Plan
December 20 2014 1:26 AM
India is offering to set up an insurance pool to indemnify global nuclear suppliers against liability in the case of a nuclear accident.
Enviros Dismayed By EPA Coal Ash Ruling
December 19 2014 4:17 PM
Federal regulators classified the byproduct of coal-burning power plants as solid waste. Green groups call it a weak first step.
Crude Hits $63 As Oil Firms Slash Projects
December 18 2014 11:07 AM
A Goldman Sachs analysis this week found that low oil prices could put almost $1 trillion in future oil and gas projects at risk.
Dow Skyrockets As Oil Prices Rally
December 18 2014 10:48 AM
The Dow soared Thursday after global; crude oil prices bounced back from five-year lows earlier this week.
New York Fracking Ban Could Embolden Critics
December 18 2014 10:46 AM
Increasing public and environmental concerns have led to moratoriums on fracking in some U.S. counties over the past decade.
Russian Oil Chief Denies Rosneft's Role In Ruble Collapse
December 17 2014 10:09 AM
Igor Sechin, head of Russia's biggest oil producer, said such speculation is a "provocation."
Repsol To Buy Talisman Energy For $13B
December 16 2014 6:29 AM
Analysts said the Spanish company had paid a hefty price for Talisman.
Ruble Plunges To 16-Year Low After Drastic Rate Hike
December 16 2014 1:18 AM
The hike is seen as a desperate move by Russia to rescue its economy from the dual impact of plunging oil prices and Western sanctions.
UN Climate Change Has Long Way To Go
December 15 2014 3:03 PM
Over the next year, U.N. members will hammer out the finer details of the landmark climate accord unveiled Sunday.
Cheap Crude Threatens US Oil States
December 15 2014 10:31 AM
Texas, Oklahoma and Alaska are among oil states already seeing signs of slow growth in 2015.
Iran Hackers May Target US Energy, Defense Firms, FBI Warns
December 12 2014 11:56 PM
FBI has warned US businesses to be on the alert for a sophisticated Iranian hacking operation, according to a confidential agency document.
Oil Sinks Below $63 To Lowest In Over 5 Years On Glut, Weak Demand
December 12 2014 6:20 AM
Brent is down roughly 9 percent this week, some 45 percent below its June peak above $115 per barrel.
Keystone XL Opponents Inspire Fights Against More Pipelines
December 10 2014 12:27 PM
National environmentalist groups have joined forces with local opponents to delay the construction of thousands of miles in new pipelines, the Wall Street Journal found.
BP To Spend $1B On Restructuring
December 10 2014 5:21 AM
Oil major BP will also review its capital expenditure plans for 2015, in light of the current outlook for oil prices.
Solar Developers Are On A Building Spree
December 09 2014 3:03 PM
In Q3 2014, the U.S. installed 1,354 megawatts of solar photovoltaics, and installations are expected to jump even higher in coming quarters.
Keystone XL Could Have 'Disastrous' Climate Effects: Obama
December 09 2014 10:48 AM
In a Monday interview, the president said the benefits of the controversial project must be weighed against its effect on global warming.