UNITED NATIONS, Aug 3- United Nations Secretary-General Ban Ki- moon on Monday praised U.S. Obama's Clean Power Plan is a vital component of meeting a U.S. pledge on emissions cuts for the U.N. climate change summit in Paris in December. Obama's leadership on combating climate change was essential for encouraging other key countries to commit to securing a "...» Read More
Multinational energy companies are looking at opportunities in Turkmenistan, a country of five million people that borders the Caspian Sea and sits on the world’s fourth or fifth largest reserves of natural gas.
U.S. retailers may be touting their environmental-friendliness this year, but just about the only "green" in evidence for the holidays is in the usual Christmas decorations.
Nuclear power is making a comeback in the US as the high cost of fossil fuels and concern about global warming make uranium-based generation a more attractive option, but the industry still faces regulatory and financial hurdles as well as lingering doubts about safety.
Top Gulf OPEC officials expressed alarm on Wednesday at oil prices threatening to top $100, but reiterated that markets were well supplied and steered clear of saying whether OPEC would raise output next week.
U.S. emissions of the gases blamed for global warming fell 1.5 percent in 2006 on mild weather and increased use of natural gas to generate power and alternative energy, the government estimated on Wednesday.
Saudi Oil Minister Ali al-Naimi on Tuesday gave no sign whether OPEC would agree this year's second output rise when it meets next week, but confirmed that the kingdom had boosted production to 9 million barrels per day (bpd).
Analysts sharply raised their average forecasts for oil prices next year to a record near $74 a barrel on expectations for a cold winter season, a weakening dollar and an influx of fund money, a Reuters poll showed on Monday.
US crude has been flirting with the $100-a barrel milestone for the past month. It got the market excited on Wednesday, when it briefly surged to a lifetime high of $99.29 a barrel, before settling lower. The market clearly wants to hit the benchmark – and will try again next week.
French President Nicolas Sarkozy visits China next week, hoping to capture billions of dollars in energy and aviation deals while taking a tough stand on global currency turmoil.
Britain's government unveiled plans to build a third runway at London's Heathrow airport, one of the busiest in the world, to increase its capacity.
Asian leaders were meeting in Singapore on Wednesday to discuss free trade, financial market stability and cutting greenhouse gases, after a Southeast Asian summit overshadowed by controversy over Myanmar.
AWB, Australia's embattled main wheat exporter, reported a 53 percent fall in full-year net profit on Wednesday, hit by a severe drought, but said the outlook for agribusiness in Australian was positive.
If your weekend reading didn't include the New York Times, you may have missed the latest findings from the U.N.'s Intergovernmental Panel on Climate Change. The report received space in newsprint but not nearly enough to equal the weightiness of this important report.
Nearly 32 million Americans will take to the roads this week for the Thanksgiving holiday, seemingly undeterred by retail gasoline prices over $3 a gallon — a figure that is translating to $100 fill ups for some.
U.S. Energy Secretary Sam Bodman said on Tuesday the United States was not concerned about the debate within OPEC on whether it should seek an alternative to the dollar in pricing oil.
OPEC pledged to provide "adequate, timely and sufficient" oil supplies to the market and voiced concern about global climate change.
Automakers racing to find affordable ways to make cars environmentally friendly are zeroing in on polluted, fuel-scarce China to help them take clean car concepts from the laboratory to the market.
A statement to be issued at a meeting of OPEC leaders this weekend will emphasise the role of the exporter group in helping to combat climate change, delegates from the producer group said on Friday.
A U.S. federal appeals court Thursday threw out planned federal fuel economy standards for many sport-utility vehicles, minivans and pickup trucks.
Applied Materials will report earnings after the bell later today and after strong reports from Intel, nVidia, and so many of the biggest names in tech, the pressure's on this company to come up with something good.