CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Oil extended its run today, while metals took it on the chin. Traders are watching Bernanke for indications that he'll taper sooner rather than later.» Read More
Multinational energy companies are looking at opportunities in Turkmenistan, a country of five million people that borders the Caspian Sea and sits on the world’s fourth or fifth largest reserves of natural gas.
U.S. retailers may be touting their environmental-friendliness this year, but just about the only "green" in evidence for the holidays is in the usual Christmas decorations.
Nuclear power is making a comeback in the US as the high cost of fossil fuels and concern about global warming make uranium-based generation a more attractive option, but the industry still faces regulatory and financial hurdles as well as lingering doubts about safety.
Top Gulf OPEC officials expressed alarm on Wednesday at oil prices threatening to top $100, but reiterated that markets were well supplied and steered clear of saying whether OPEC would raise output next week.
Southern California is sunny, the French Riviera is sunny, but NASA says the middle of the Pacific Ocean and the Sahara Desert in Niger are the sunniest -- and the information could be worth money.
As we wrap up this year, we are close to seeing U.S. auto sales fall to their lowest point in nine years. It has me wondering about what's spooking vehicle buyers? Is it the economy? Is this simply the natural ebb and flow of demand for new cars, trucks and SUV's?
Google said the Web services and online advertising group plans to promote a new initiative to encourage cheap renewable electricity.
Saudi Oil Minister Ali al-Naimi on Tuesday gave no sign whether OPEC would agree this year's second output rise when it meets next week, but confirmed that the kingdom had boosted production to 9 million barrels per day (bpd).
Analysts sharply raised their average forecasts for oil prices next year to a record near $74 a barrel on expectations for a cold winter season, a weakening dollar and an influx of fund money, a Reuters poll showed on Monday.
France's Areva on Monday clinched the biggest commercial nuclear power contract on record, agreeing to sell China two reactors and to provide atomic fuel for nearly two decades in a deal worth far more than expected.
US crude has been flirting with the $100-a barrel milestone for the past month. It got the market excited on Wednesday, when it briefly surged to a lifetime high of $99.29 a barrel, before settling lower. The market clearly wants to hit the benchmark – and will try again next week.
Russia and Turkmenistan will soon sign a final agreement on a new natural gas pipeline, Russian Prime Minister Viktor Zubkov said on Friday, ending months of uncertainty surrounding the project.
Nearly 32 million Americans will take to the roads this week for the Thanksgiving holiday, seemingly undeterred by retail gasoline prices over $3 a gallon — a figure that is translating to $100 fill ups for some.
U.S. Energy Secretary Sam Bodman said on Tuesday the United States was not concerned about the debate within OPEC on whether it should seek an alternative to the dollar in pricing oil.
OPEC pledged to provide "adequate, timely and sufficient" oil supplies to the market and voiced concern about global climate change.
Automakers racing to find affordable ways to make cars environmentally friendly are zeroing in on polluted, fuel-scarce China to help them take clean car concepts from the laboratory to the market.
Solar panel maker Suntech Power said Thursday quarterly earnings nearly doubled, beating analysts' estimates and driving its shares up more than 10 percent.
Forget about L.A. being tinsel town, and style capital. At this year's Los Angeles Auto Show the automakers are trying to wrap themselves in the "Green Leaf" of fuel efficiency. Ford announced a new sustainability plan that will include developing direct injection gas engines, lighter cars, and more hybrids.
An OPEC summit this week will not act on production policy, Saudi Arabia's oil minister said on Tuesday, reducing the prospect of an imminent output boost to lower record prices.
The International Energy Agency on Tuesday sharply reduced its forecast for oil demand growth through the rest of 2007 and into 2008 saying oil's march towards $100 was already slowing consumption.