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Environment

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  • If you want to fly with Warren Buffett's private-jet company in Europe, you're going to have to fly 'green.' NetJets Europe, a Berskhire Hathaway subsidiary, has announced that it will be charging customers $5500 a year to pay for carbon-offsets.

  • Shipping Must Do More to Protect Environment Thursday, 13 Sep 2007 | 9:04 AM ET

    Aviation has borne the brunt of environmentalists' ire for causing climate change but the global maritime industry could face similar pressure if it can't agree to curbs in greenhouse gases, industry experts warn.

  • OPEC Daily Basket Price Reaches New Historic High Thursday, 13 Sep 2007 | 7:18 AM ET

    The price of the OPEC basket of twelve crudes reached a new record Wednesday, hitting $74.21 a barrel, compared with $73.13 on Tuesday, OPEC said today in a statement.

  • Alaska to Probe Recent Fires at BP Oil Fields Wednesday, 12 Sep 2007 | 10:38 AM ET

    Alaska officials said Tuesday they were investigating BP Plc's local unit due to a spate of fires at oil-field facilities, which come after two years of scrutiny over safety at BP's U.S. operations.

  • VW Takes on Toyota Wednesday, 12 Sep 2007 | 4:23 AM ET

    CNBC Europe's Dan Scott reports from the Frankfurt Motor Show and VW's plans to become the world's biggest carmaker.

  • OPEC Agrees to Modest Boost In Crude Output Tuesday, 11 Sep 2007 | 4:07 PM ET
    Oil Refinery

    Saudi Arabia persuaded OPEC to raise oil output by 500,000 barrels per day on Tuesday in a gesture to consumer nations worried by the economic impact of $77 oil and rapidly diminishing fuel stocks.

  • The OPEC Scrum and What the Ministers Think Tuesday, 11 Sep 2007 | 6:48 AM ET

    Twickenham, Stade de France and now the OPEC Secretariat. All venues for some of the greatest rugby scrums of the Twenty First Century.

  • Fear in the Air Tuesday, 11 Sep 2007 | 5:35 AM ET
  • CNBC Europe's Dan Scott reports from the Frankfurt Motor Show and marvels at Porsche's decision to make a hybrid SUV.

  • Most OPEC Members Oppose Output Increase Monday, 10 Sep 2007 | 11:09 AM ET

    Most OPEC oil ministers held the line on Sunday that current output is sufficient to meet demand, but the world's biggest exporter Saudi Arabia was silent ahead of a Sept. 11 meeting to chart production policy.

  • OPEC Likely to Keep Oil Quota Unchanged Monday, 10 Sep 2007 | 8:39 AM ET
    Oil Pump

    The Organization of Petroleum Exporting Countries (OPEC) will likely keep its official flow of oil steady when its meets Sept. 11 in Vienna, despite concerns that already high prices will spike when winter demand increases.

  • A COOL Reception for OPEC Monday, 10 Sep 2007 | 8:01 AM ET

    CNBC Europe's Steve Sedgwick reports from the OPEC meeting in Vienna and has a new idea for making member delegates feel welcome.

  • Automakers Work to Lower Emissions Sunday, 9 Sep 2007 | 11:04 PM ET

    The world's automakers will make new efforts to win customers over with more environmentally friendly cars at the Frankfurt Auto Show this week as they tout new vehicles with hybrid propulsion and more advanced, cleaner engines.

  • Nevada Denies Plea to Delay Coal Power Plants Sunday, 9 Sep 2007 | 12:35 PM ET

    The Nevada Environmental Commission Friday denied a request by environmental groups to delay approval of permits for three big coal-fired power plants, environmental groups and state officials said.

  • Asia-Pacific Leaders Gamble on Climate Change Sunday, 9 Sep 2007 | 12:00 PM ET

    The bargaining that produced a climate change agreement is only the beginning for Pacific Rim leaders if they want to stick to their declaration to chart a new international course on global warming.

  • U.S. Regulators Brace For Nuclear Power Growth Friday, 7 Sep 2007 | 10:49 AM ET

    Federal regulators, girding for explosive growth in the nuclear power industry, say they are weeks away from an anticipated flood of license applications for new reactors not seen since the 1970s.

  • OPEC President Calls Oil Market Well Balanced Thursday, 6 Sep 2007 | 5:35 AM ET

    The oil market is well balanced with no shortage of supplies, OPEC's president said on Thursday, the latest comment by the producer group implying it will maintain output curbs at its meeting next week.

  • China's Hu Wants U.N. Framework on Climate Change Thursday, 6 Sep 2007 | 2:33 AM ET

    China's President Hu Jintao gave qualified support to an Australian initiative on climate change on Thursday as a rift opened at the APEC meeting over the "Sydney Declaration" and its targets for cutting greenhouse gas emissions.

  • Mid-America Pipeline Pleads Guilty On Ammonia Release Wednesday, 5 Sep 2007 | 12:09 PM ET

    Mid-America Pipeline Company has pleaded guilty to negligently releasing about 200,000 gallons of ammonia into a Kansas creek.

  • Iranian Oil Minister Sees No Need to Boost Output Wednesday, 5 Sep 2007 | 8:55 AM ET

    Acting Iranian Oil Minister Gholamhossein Nozari said on Wednesday there was no need for OPEC to increase its crude production, Iran's state broadcaster reported.