Australia is alienating its biggest export customer, China, Colin Barnett, the Premier of the state of Western Australia (WA) told CNBC on Wednesday.
Thailand announced a five-day holiday on Tuesday to give people the chance to escape floods closing in on Bangkok as the prime minister warned that the capital could face an inundation of 1.5 metres (nearly five feet) of water if barriers collapsed.
BP, the oil giant, has reached an "operational turning point" after the Gulf of Mexico disaster, chief executive Bob Dudley told CNBC Tuesday.
Oil giant BP reported lower underlying third quarter profits on Tuesday, despite high oil prices, as production fell because of selloffs in the wake of the disastrous Gulf of Mexico oil spill.
"Back to the Future," the movie to most prominently feature John DeLorean’s gull-winged icon of 1980s cool, ends with the future version of the DeLorean time machine running on household garbage. Well, folks, the future is now, and the new DeLorean doesn’t need gas or rubbish. The DMCEV, which will go into production by 2013, will run entirely on electricity.
More than 20 spots in and around the nation’s capital are contaminated with potentially harmful levels of radioactive cesium, according to a citizens’ group and the respected nuclear research center they worked with. The NYT reports.
In what could end up being a honeymoon from hell if someone's not paying attention to details, a cruise on the 72-foot-long Sea Dragon will embark next May on a two month tour hunting for trash.
The average UK household will be in “fuel poverty” by the next election in 2015 if energy bills, which have almost doubled as a share of median income since 2004, stay on their current path, the FT reports.
For Edison Chouest Offshore, to land the big jobs building the massive service vessels oil companies want for new deepwater exploration meant expanding its business, in the midst of the 2008 financial crisis. They committed $100 million to build a new shipyard with a 117,000 square foot shipbuilding facility.
The energy industry has undergone a “tectonic change,” shifting from a focus on conventional reservoirs to focusing on unconventional reservoirs, Will VanLoh, president and CEO of Quantum Energy Partners, told CNBC Wednesday.
CNBC's Melissa Lee reports the oil inventory numbers.
The World Health Organization recently released a report on air quality in countries around the globe, on which we based a list of the ten most polluted countries.
With more than 50 million people potentially in Hurricane Irene's path, residents along the US east coast stocked up on food and water and worked to secure homes, vehicles and boats.
FBI agents executed search warrants on Thursday at the headquarters of California solar panel manufacturer Solyndra, which received more than $500 million in federal loan guarantees before filing for bankruptcy last week.
CNBC's Jane Wells has the story on the green jobs sector not working out as well as planned.
Following the catastrophic earthquake in Japan on March 11, 2011, affected companies – including my own – have taken a fresh look at the way they manage risk. And for good cause.
President Barack Obama on Friday sacked a controversial proposed regulation tightening health-based standards for smog, bowing to the demands of congressional Republicans and some business leaders.
A tsunami warning is in effect for parts of the Aleutian Islands of Alaska after a 7.1-magnitude earthquake was recorded in the ocean.
GM says its sales for the month of August were up 18.2 percent from the same time last year. However, that figure is down from estimates of 19.9 percent.
Loss estimates from Hurricane Irene continued to fall and ratings agencies said insurers would have no problem with claims, helping boost insurance industry shares Wednesday.