LONDON, May 17- European policymakers face a difficult decision on building carbon capture and storage- saving money in the long run requires spending more upfront. CCS captures carbon dioxide emissions from a fossil fuel power plant and then pipes it to an underground storage site such as a depleted gas or oil reservoir.» Read More
French President Nicolas Sarkozy confirmed on Sunday plans to sign a nuclear cooperation agreement with the United Arab Emirates amid reports French firms could construct up to two nuclear reactors there.
Friday afternoon I walked into Cobo Hall in Detroit and there was a flurry of activity with cars being brought in, stages being set up, and elaborate new model introductions being rehearsed. Welcome to Detroit two days before the city's big auto show.
Investors should raise their exposure to agricultural commodities and buy into stocks in the sector, as demand from emerging markets increases and the size of arable land is shrinking, putting additional pressure on the already tight supply, analysts said Friday.
Norway has excluded one British, one South Korean and one U.S. company involved in arms production from its $380 billion oil fund on ethical grounds, the Norwegian finance minister announced on Friday.
Nigeria’s main militant group, the Movement for the Emancipation of the Niger Delta, reportedly fired on six oil industry ships today and threatened an attack that will cause an “economic tsunami” in the world’s oil market.
Royal Dutch Shell execs have been talking about the impact of high oil prices on future energy projects--but the company continues to press on with plans despite headwinds facing the sector. “Increasing supply is best way to affect the price,” says Shell Oil President John Hofmeister.
Prime Minister Wen Jiabao responded this week to growing public anxiety about inflation by announcing that China would freeze energy prices in the near term, even as international crude oil futures have continued to surge.
Having covered and coming to know Alan Mulally during his time running Ford and previously as head of Boeing Commercial Airplanes, I've come to expect him to be upbeat, even in the most dire of times. I've also been with him enough to know when his optimism turns to quiet confidence.
OPEC's ability to tame oil prices that hit a record high above $100 a barrel last week is curbed by limited unused production capacity, officials from the exporter group and analysts say.
Have you seen the Ford Explorer lately? The current model shows just how far the once vaunted SUV has plunged, while the new Explorer America Concept is a vision of where sport utilities and Ford may be headed in the future.
He may love the unlimited salad bowl at the Olive Garden, but the restaurant's parent company leaves a bad taste in his mouth.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Oil prices have pulled back from the century mark, but supply worries could help to keep oil prices near these heights. I’m keeping a close eye on the global hot spots that were major factors in crude surging nearly 60 percent last year--because they could be the catalysts for oil prices to pop or drop in 2008.
Alternative energy will become fashionable as oil prices soar, while consumer staples, tobacco and beverages producers are likely to become safe havens for those fleeing sectors with high energy consumption, Kevin Sullivan, head of portfolio management at Clariden Leu, told "Power Lunch Europe."
It still hasn't been built and it may not hit showrooms by the time people have been projecting. Yet, it's causing a puzzling amount of angst for investors and auto fans. I'm talking about the Chevy Volt, an electrically driven car GM is developing.
The International Energy Agency will not release its emergency crude stocks to calm record oil prices, the body's deputy head said on Thursday.
One maverick floor broker made the play that pushed the price of oil to $100 on the first trading day of 2008. He bought a single contact, just one lot for a mere 1,000 barrels of crude at that triple-digit mark, and made history.
California sued the U.S. Environmental Protection Agency on Wednesday for denying its first-in-the-nation greenhouse gas limits on cars, trucks and SUVs, challenging the Bush administration's conclusion that states have no business setting emission standards.
For sale: Auto company with a colorful, if unspectacular, track record. Located in the fast-growing Eastern Europe market, with plenty of capacity for building new models. The prize property on the block? Yugo! Yes, that Yugo!
With Detroit essentially shut down for the week between Christmas and New Year's, it's a good time to step back and hand out "The Rodneys": The car and auto brands that -- taking a note from comedian Rodney Dangerfield -- don't get enough respect, according to you, the reader.
We are out of the office until the New Year. Look for our Energy Tax Savings blog next week.