A new report shows sizable amounts of recoverable oil and natural as around the scenic island chain, but its location in the hurricane belt is already raising concerns about potential environmental damage.
Oil prices are set to soften further this week after data showed a slowdown in business activity from Europe to the U.S. and China reflecting continued deterioration in the global economy, according to CNBC's weekly survey of oil market sentiment. Middle East tensions and the U.S. hurricane season may limit the declines.
Having suffered one blow from the Senate this week, King Coal faces another one from the EPA next week.
It’s hard to think of another car that has been as highly anticipated or that bares more importance for an automaker than the new Model S is for Tesla.
In East Tennessee, a "natural disaster" is staged to get federal crop insurance. Another farmer in California claims desert scrub land as a wheat field. As the crop insurance program expands, fraud is likely to increase. With CNBC's Scott Cohn.
New car buyers in the U.S. are finding fewer problems with the latest models rolling out of showrooms.
In ten days on July 1st a sweeping European Union ban on Iranian imports will go into effect in response to the Islamic Republic’s burgeoning nuclear program. In addition, and just as importantly, EU based insurance firms will no longer be able to insure any ship carrying Iranian oil.
There’s ongoing concern about potential health risks associated with natural gas fracking. More communities are publicly opposing the drilling activity, while the industry maintains the technology augers needed energy and manufacturing jobs.
Proponents say proper technology for fracking is already in place, but opponents worry about water contamination. What do you think?
New US tariffs on Chinese solar panels are meant to crack down on government subsidies abroad but they're also killing solar rooftop installation jobs at home.
Oil prices staged a relief rally early Monday after Greek elections on Sunday yielded what’s being perceived as a market-friendly outcome though some warned the bounce in risk-assets may not last as questions persisted over how long any coalition government may last.
Five companies are joining forces to develop a new bio-plastic made entirely of plant-based material and fiber.
The federal agency is aggressively responding to a series of what it sees as hostile attempts by private sector firms to access its website at times when market-moving economic data are released to the public.
Is it a good sign that Iran has threatened to disrupt global oil supplies by blockading the straits, and is now finding ways to reduce their own use of the straits, so that any incident there wouldn’t affect their own exports?
Small business would be well-served to adopt a benefit corporation structure. Companies that seek to establish sustainable principles as part of their business and marketing strategy and, more importantly, their corporate DNA, are positioned for long-term success.
General Motors has released an SEC filing disclosing a contract between the automaker and an ad agency that employs the wife of GM CFO Dan Ammann.
India has threatened to ban European airlines from its airspace if Brussels sanctions Indian carriers in a dispute over an EU plan to charge carriers for their pollution. The FT reports.
Chesapeake Energy shares soared late in trading Thursday on revelations that Carl Icahn and BlackRock have been on a buying spree.
We all need to find ways to leverage our assets beyond what many might think is possible to make a more sustainable planet, economy or business., says CNBC.comblogger Terry Tamminen.
There are too many options but no one solution to the energy problem. Our needs are many. The current alternative energies — solar, wind, biofuels, nuclear and geothermal — all have limitations, but they're worth it until something better comes along.