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Crude oil prices are down for third day, as traders assess the latest round of economic reports. Marvin Odum, Shell Oil Company, weighs in.
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Crude oil prices are down for third day, as traders assess the latest round of economic reports. Marvin Odum, Shell Oil Company, weighs in.
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China's solar energy sector is no longer a bright spot as overcapacity hits firms. Eunice Yoon reports.
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CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Moves by the Bank of Japan sent the dollar higher and oil lower, but nat gas inventory draw downs pushed natural gas higher.
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RALEIGH, N.C.-- A House panel on Wednesday narrowly approved an effort to scale back and ultimately repeal a 2007 law requiring North Carolina electric utilities to generate a percentage of their power through alternative sources and locate energy savings.
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U.S. oil prices posted the biggest one-day slide of the year in the midst of a broad commodities sell off. Natural gas prices also declined ahead of data on U.S. storage levels, due out tomorrow. CNBC's Sharon Epperson on what traders will be watching in the coming session.
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*CVR Energy, HollyFrontier vulnerable to higher RIN costs. CVR Energy Inc and HollyFrontier Corp, inland refiners with limited capacity to blend biofuels into the pipeline, are suffering from a jolt to investor confidence while stocks of their coastal peers continue a two-year upward march.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets. The national average price of regular gasoline was $3.63/gallon Monday, according to AAA. That's 13 cents lower than the average price on March 1 and 30 cents cheaper than April 1, 2012.
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Israel moved closer to its goal of energy independence as natural gas from a large offshore field began flowing into the country, a harbinger of important change that will benefit the country.
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Natural gas shot up 20% in the first quarter, its fourth straight quarterly gain, begging the question — can this hot streak continue?
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Chesapeake Energy's search for a new chief executive to replace Aubrey McClendon may take longer than expected, a source told Reuters on Friday.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Natural gas has more than doubled since April of last year and is at a 19-month high, she reports. Tomorrow's report could show a draw down of 83-87bcf, which would likely drive prices higher.
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March 27- China- based Trina Solar Ltd and JA Solar Holdings Co Ltd said they will be able to pay for their U.S. bonds that mature in the next few months, days after rival Suntech Power Holdings Co Ltd defaulted on $541 million of its bonds. However, executives at Trina and JA Solar said they have the cash to meet bond obligations in the United States.
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March 27- China- based Trina Solar Ltd and JA Solar Holdings Co Ltd said they will be able to pay for their U.S. bonds that mature in the next few months, days after rival Suntech Power Holdings Co Ltd defaulted on $541 million of its bonds. However, executives at Trina and JA Solar said they have the cash to meet bond obligations in the United States.
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DENVER-- Biofuel Energy Corp. is exploring strategic options, including potentially selling one or both of its ethanol plants, after receiving a notice of default from lenders. Denver- based Biofuel Energy said Tuesday that it has engaged Piper Jaffray& Co. as its financial adviser to help it explore its options.
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Toyota takes the wraps off the all-new Toyota Highlander today. Jim Lentz, president of Toyota U.S.A., weighs in on what the Highlander 3rd edition, which is made in the USA, means to the company.
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Carlos Ghosn, CEO of Nissan Motor, Renault, says the automobile industry is on the forefront of zero-emission electric cars.
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LONDON, March 27- Britain's government said household energy bills were headed for an 18 percent increase by 2020 but its policies promoting domestic energy efficiency, including its so-called Green Deal, would make the rise significantly smaller.
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March 26- BioFuel Energy Corp:. *Engaged Piper Jaffray& co to act as financial adviser to assist co in. provide co with grace period until July 30, 2013.
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LONDON, March 27- Britain's government said household energy bills were headed for an 18 percent increase by 2020 but its policies promoting domestic energy efficiency, including its so-called Green Deal, would make the rise significantly smaller.