DES MOINES, Iowa-- Solar energy would get a big boost in Iowa if a bill passed Thursday in a Senate committee becomes law. The bill, approved by the Senate Ways and Means Committee, would increase the annual cap for solar tax credits to $4.5 million from the current $1.5 million.» Read More
General Electric said Thursday it will close a number of lighting plants in Brazil and the U.S., as part of a plan to restructure its consumer and industrial division, potentially cutting more than 1,400 jobs in the process.
E.ON said it bought Irish wind farm operator Airtricity's North American operations for $1.4 billion.
ConocoPhillips Chief Executive James Mulva said on Wednesday he was "encouraged" by talks with Venezuela on reaching a compensation deal over the seizure of the oil company's assets there.
Amid soaring oil prices and ballooning global fuel demand, the Bush Administration is calling on Americans to help conserve energy on a personal level.
Sometimes those of us covering the auto business fall into the trap of believing the "conventional wisdom". Take the idea with gas prices still holding at roughly $3 a gallon, small, fuel efficient cars will be big sellers.
Kazakhstan softened its rhetoric on Wednesday in a row over production delays with a group of oil companies led by Italy's Eni, saying it hoped to resolve environmental concerns at the offshore oilfield.
General Motors said U.S. sales rose nearly 4% in September, boosted by incentives on its pickup trucks, while Ford Motor and Toyota Motor posted declines.
Record corn costs and soft ethanol prices have combined to squeeze the profitability of U.S. biofuel producers and no respite is in sight, analysts said.
September auto sales are expected to be weak due to a credit crunch, high gas prices and the troubled housing market, reflecting an overall slowdown for the year but little effect from the brief strike against General Motors, industry analysts say.
“Power Lunch” is in St. Louis to focus on biotechnology, medical research and energy generation – and talk to some major players.
Russia's resources ministry asked the new prime minister on Friday to approve its plan to make oil firms spend billions of dollars on cutting the amount of gas wastefully flared off during oil production.
After sucking fumes behind Toyota and its popular Prius, GM is stepping up to the plate with the next generation of hybrids. They are called 2-mode hybrids because they get electric motor assist in the city AND on the highway. GM unveil the first of these 2-mode hybrids today at the Texas State Fair in Dallas...
Wal-Mart Stores has formed a partnership with the Carbon Disclosure Project to look for ways for its suppliers to better manage their energy efficiency, as part of its environmental push, the company said on Monday.
Oil companies increased oil and natural gas output from the offshore Gulf of Mexico on Saturday, recovering from a tropical depression that dealt the biggest blow to the region's energy production in two years.
The European Union will press ahead with plans to include aviation in its emissions trading system despite United States' efforts through a U.N. body to discourage it, a spokeswoman for the EU executive said on Friday.
Oil tycoon Boone Pickens told CNBC that the price of crude oil could hit $100 a barrel by next year. “The trend is up, demand is up and supply is flat, so it’s got to go on up,” said Pickens, CEO of BP Capital.
Russian Sakhalin-2's first year-round exports of Vityaz crude will be pushed back to next year due to delays in pipeline commissioning, sources said on Wednesday.
Ascent Solar shares surge more than 19% on news of deal with Hydro Building Systems, a division of Norsk Hydro.
OPEC would likely hold consultations about boosting supply again if the price of oil stayed above $80 a barrel for more than 15-20 days, an OPEC source said on Tuesday.
America's aging energy infrastructure will require massive investment in order to make much needed efficiency improvements, former Exxon Mobil Chief Executive Lee Raymond said on Monday.