"EPA goes beyond the plain reading of Clean Air Act Section 111 directing states to achieve questionable emission reduction targets from a limited menu of economically damaging and legally questionable' options'," said Senator David Vitter of Louisiana, the committee's top Republican.» Read More
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.
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.
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.
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 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.
CNBC Europe's Dan Scott reports from the Frankfurt Motor Show and VW's plans to become the world's biggest carmaker.
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.
Twickenham, Stade de France and now the OPEC Secretariat. All venues for some of the greatest rugby scrums of the Twenty First Century.
CNBC Europe's Dan Scott reports from the Frankfurt Motor Show and marvels at Porsche's decision to make a hybrid SUV.
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.
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.
CNBC Europe's Steve Sedgwick reports from the OPEC meeting in Vienna and has a new idea for making member delegates feel welcome.
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.
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.
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.
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.