DUBAI, May 1- Qatar's sovereign wealth fund is reducing its focus on investments in Europe and placing more of its money with external managers following an internal review, sources familiar with the matter told Reuters. Qatar Investment Authority, estimated by industry tracker Sovereign Wealth Fund Institute to hold $256 billion of assets, is known as an... » Read More
Seizing on a disastrous oil spill to advance his agenda, President Barack Obama on Wednesday called on Congress to roll back billions of dollars in tax breaks for oil and send him a clean-energy bill that would help the nation end its "fossil fuel addiction" for good.
Cramer thinks the spill is serious, but has hope for oil service plays.
A Washington, DC company called First Line Technology has developed a product that could help in the clean up of the Gulf oil spill. It's just one of several ideas from private entrepreneurs hoping to assist in the effort.
President Barack Obama says an independent commission investigating the Gulf oil spill will thoroughly examine the disaster and its causes to ensure that the nation never faces such a catastrophe again.
Gas prices could climb higher than $5 a gallon by 2012 and oil companies could move exploration to other countries if the Obama administration’s suspension of offshore drilling continues for six months, John Hofmeister, a BP consultant and former Shell executive told CNBC Tuesday.
These industry, government, and Hollywood heavyweights have created the Green Products Innovation Institute, a new non-profit think tank that will help manufacturers find safer alternatives to toxic chemicals used in their products.
As effort after effort to stop the giant leak in the Gulf of Mexico fail, we want to know where you think BP will stand one year from now. Share your opinion in our poll.
BP resumed pumping drilling fluid into a stricken oil well after stopping late Wednesday when engineers saw that too much of the fluid was escaping along with the leaking crude oil, the NYT reports.
As the Gulf Coast battles the worst oil spill in U.S. history, residents are also bracing for what forecasters predict will be the most active hurricane season in recent years.
Widely thought of as something a household does on its own, installing solar panels is becoming a group project in some communities across the US. Neighbors can share information, vet installers together, and in some cases, drive down the retail cost of solar installations.
Republican Congressman Charles Boustany of Louisiana says the Obama administration move is a" knee-jerk" reaction to the BP oil spill disaster.
Days before the explosion on the Deepwater Horizon oil rig, BP officials chose a type of casing for the well that it knew was the riskier of two options, the NYT reports.
Tony Hayward, the CEO of BP, is taking the blame for the April 20 oil spill in the Gulf of Mexico that has leaked at least 6 million gallons into the Gulf, but now could be the right time for him to take a step back, according to a public relations expert.
A memo offers the most detailed accounting of the events and decisions made aboard the Deepwater Horizon in the final hours before the April 20 blast, the New York Times reports.
The BP oil disaster off the coast of Louisiana is affecting the progress of wind power as an energy alternative at the world's biggest energy conference in Dallas.
Officials at the Environmental Protection Agency are considering whether to bar BP from receiving government contracts, a move that would ultimately cost the company billions in revenue and could end its drilling in federally controlled oil fields.
BP says the amount of crude it's siphoning from the Gulf of Mexico leak fell to 2,200 barrels a day, down sharply from a capture of 5,000 barrels reported yesterday, due to a change in the flow of oil from the ruptured undersea well.
The Environmental Protection Agency has ordered BP to use a less toxic chemical dispersants to break up the oil spill from its broken undersea well in the Gulf of Mexico.
Massey Energy CEO Don Blankenship pointed blame for mine ventilation problems at federal regulators Thursday, suggesting that mine operators should have more control over ventilation processes underground.
As summer approaches, so do the action-fantasy movies. Last week, the venue was not the local cineplex, but another location noted for outlandish egos, special effects, and scripts that require substantial amounts of imagination to fill in the gaps—Washington DC.