NEW YORK, Nov 24- The U.S. Environmental Protection Agency is widely expected to increase requirements for biofuels use through 2016 due to higher total fuel demand, when it publishes a final Renewable Fuel Standard rule in the coming days, sources said. The EPA is broadly expected to raise the mandates for quantity of biofuels that fuel companies must blend into...» Read More
Former Shell Oil company executive John Hofmeister told CNBC Monday that the Gulf of Mexico drilling moratorium is an example of the “starvation,” imposed on the hydrocarbon industry by the Obama administration.
General Motors will return to the public market this week in what is expected to be the largest IPO in US history, and Mike Jackson, CEO of AutoNation, told CNBC the automaker’s comeback will be a transformative moment for the industry.
Here are the opinions of four drivers all living in America's heartland and one Chevy dealer in Indiana. They gave their views on what was once considered the country's greatest brand.
Touting his energy plan to get America off foreign oil, financier T. Boone Pickens told CNBC Wednesday that the U.S. is importing oil from its "enemies."
With energy prices low by recent standards, credit conditions stubbornly tight—by any standard—and cap-and-trade legislation on life support, you'd think green investment would be in the doldrums. Think again.
Though the future of a cap-and-trade-based carbon market now looks grim, there are other less-known environmental markets--such as wetlands mitigation--that are up and running and attracting investor attention.
Corporations appear to have fewer questions than lawmakers about how climate change will alter how the world uses energy and natural resources, and are actively pursuing technologies they expect will give them a leg up in an economy less dependent on fossil fuels.
Oil and coal companies helped elect a Congress more hostile to those sustainable energy solutions, but at least three oracles offer a different vision for our carbon powered Congress to follow that may result in more jobs and a faster economic recovery.
Natural gas has historically been one of the toughest trades in the commodities group and, once again, funds are losing big betting the wrong way.
Crude oil is near its highest level since 2008, hovering around $87 a barrel, and Tom Petrie, vice chairman of Bank of America Merrill Lynch, expects the hot commodity to test $100 in the next year.
After a hot first half, investment slowed in the third quarter, but the sector is still attracting more capital than others.
The presidential commission investigating the massive Gulf oil spill has found no instance where a decision deliberately sacrificed safety to cut costs.
Ford beat expectations as GM and Chrysler both handily beat estimates for the month of October, putting some life back into the troubled auto industry, even as Toyota falters.
General Motors will look to sell just over $10 billion worth of common stock and $3 billion of preferred stock in an initial public offering that would shift the U.S. government to a minority shareholder in the top U.S. automaker, people familiar with the matter said.
The World Economic Forum in Marrakech last week included a lesson on energy economics from Manhattan.
T. Boone Pickens told CNBC Friday that he’s more conservative in his business dealings, thanks to mistakes, including a whopper—doling out dividends to shareholders, which were actually equity in the company.
Africa is booming – in part because African governments are heeding the call to action, removing barriers to trade, lowering taxes and improving the physical and social infrastructure that had impeded business growth.
ConocoPhillips CEO Jim Mulva said that oil prices could reach $90 in the next couple of years based on the demand in emerging markets.
Lower oil prices are good for the US consumer and good for Occidental Petroleum Corporation and the oil industry as a whole, Stephen Chazen, who will become the oil company’s CEO at the annual meeting next year, told CNBC Tuesday.
Walmart announced last week it would soon require companies to prove it used only sustainably sourced palm oil.