Crude Hits $63 As Oil Firms Slash Projects
December 18 2014 11:07 AM EST
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 EST
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 EST
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 EST
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 EST
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 EST
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 EST
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 EST
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 EST
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 EST
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 EST
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 EST
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 EST
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 EST
In a Monday interview, the president said the benefits of the controversial project must be weighed against its effect on global warming.
Chevron And India's ONGC Videsh Join New Zealand Oil, Gas Search
December 09 2014 3:48 AM EST
Chevron is partnering with Norway's Statoil to explore three prospects off the lightly explored south-east coast of the North Island.
Brent Hits Five-Year Low On Oversupply Worries
December 09 2014 1:25 AM EST
Brent crude for January delivery hit an intraday low of $65.33 on Tuesday, its lowest since September 2009.
Cheap Oil Trims US Trade Deficit
December 05 2014 11:42 AM EST
Federal trade officials on Friday said imports of crude oil dropped 0.6 percent in October, helping to ease America's trade imbalance.
NextEra Buys Hawaii Utility In $4.3B Deal
December 04 2014 11:49 AM EST
Florida-based NextEra says its strategy to build out solar and wind power across Hawaii could inspire other states to follow suit.
EPA's Landmark Power Plant Proposal Draws 2M Comments
December 03 2014 12:17 PM EST
The U.S. EPA says it is on track to finalize the rule before Obama leaves office in 2016.
Accident At Ukrainian Nuclear Power Plant: Prime Minister
December 03 2014 6:30 AM EST
The accident, in Ukraine's largest nuclear power plant, could reportedly aggravate the power crisis in the country.