The first two reactors built after a 16- year lull, Southern Co.' s Vogtle plant in Georgia and SCANA Corp.' s VC Summer plant in South Carolina, are being assembled in large modules. The factory in Louisiana that constructed the prefabricated sections struggled to meet strict quality rules.» Read More
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.
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.
French President Nicolas Sarkozy visits China next week, hoping to capture billions of dollars in energy and aviation deals while taking a tough stand on global currency turmoil.
Britain's government unveiled plans to build a third runway at London's Heathrow airport, one of the busiest in the world, to increase its capacity.
Asian leaders were meeting in Singapore on Wednesday to discuss free trade, financial market stability and cutting greenhouse gases, after a Southeast Asian summit overshadowed by controversy over Myanmar.
AWB, Australia's embattled main wheat exporter, reported a 53 percent fall in full-year net profit on Wednesday, hit by a severe drought, but said the outlook for agribusiness in Australian was positive.
If your weekend reading didn't include the New York Times, you may have missed the latest findings from the U.N.'s Intergovernmental Panel on Climate Change. The report received space in newsprint but not nearly enough to equal the weightiness of this important report.
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.
A statement to be issued at a meeting of OPEC leaders this weekend will emphasise the role of the exporter group in helping to combat climate change, delegates from the producer group said on Friday.
A U.S. federal appeals court Thursday threw out planned federal fuel economy standards for many sport-utility vehicles, minivans and pickup trucks.
Applied Materials will report earnings after the bell later today and after strong reports from Intel, nVidia, and so many of the biggest names in tech, the pressure's on this company to come up with something good.
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.
The chief of the engineering giant said the best days for his company - and the industry - are ahead. 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.
NRG Energy is not a nuclear power company. Not yet, at least.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.
So here's the deal. It's "Green Week" on CNBC, or have you noticed? Actually, it's "green" everywhere across the NBC Universal platform of television operations, and across the General Electric corporate structure as well. CNBC, as you are told, what?, ten times a day?, is owned by
Oil prices slipped into negative territory on Wednesday, retreating from an all-time high above $98 per barrel as speculators took profits from the record rally.