JUNEAU, Alaska— Royal Dutch Shell has secured another federal authorization as it pursues plans to drill exploration wells in the Arctic waters off the Alaska coast. The U.S. Fish and Wildlife Service on Tuesday issued a letter of authorization allowing for the possible harassment of polar bears and Pacific walrus as part of Shell's drilling program.» Read More
General Motors's product development chief says the company will introduce a plug-in rechargeable midsize sport utility vehicle sometime in late 2010 or in 2011.
The Cash for Clunkers program has been vital towards resuscitating the US auto industry and should continue, AutoNation CEO Mike Jackson told CNBC.
The deal to close California's $26 billion budget deficit included a plan to drill for offshore oil, drawing allegations that the fiscal crisis was used for a backroom deal following rejection of the idea by state regulators earlier this year.
Ending his first official visit to China, the United States energy secretary, Steven Chu, said the two nations had agreed to plan joint studies on ways to improve the energy efficiency of buildings, a major issue in addressing China’s contribution to climate change.
Day two at the G8 and all's not going swimmingly. No, I'm not still going on about the logistics (I mean what's three hours to get to the venue between friends). No, I'm talking about the fact that with the major developing nations, the so-called G5 turning up, things are just not so cozy and glossy for Silvio and all.
Thank you Silvio Berlusconi. No, really, thank you.
An attorney for General Motors urged a bankruptcy judge Thursday to approve the automaker's sale plan, saying that the only other alternative would be a liquidation of the company's assets.
The oil market is over-supplied, said Joe Petrowski, the CEO of Gulf Oil on Thursday. As oil stocks approach a 29-year high, the fundamental supply-side of the market has never been more bearish, he said.
From Brazil to Korea, a whole new generation of sustainable communities is getting built from the ground up all around the world. Take a look at sustainable cities of the future.
Sustainability isn’t just about saving the planet. It's about opportunity—reinventing business models to better compete in the global economy.
In the current economic climate, with C-level executives in every type of business wanting to wring every penny from their corporate processes, sustainability means finding ways to reduce, reuse, and repurpose anything along their supply chain, leading hopefully to a leaner, cleaner—and greener—operation.
As large cities around the world try to go green by doing everything from banning plastic shopping bags to installing wind turbines on roofs, a whole new generation of sustainable communities is getting built from the ground up.
The glass is half full again in Toledo. The Ohio city once known as the glass-making capital of America is trying to forge a new identity as a solar-energy, green jobs metropolis of the future.
ExxonMobil said Monday it has completed an expansion of its natural gas processing capacity at a site in Colorado, allowing it to handle up to 200 million cubic feet of gas per day, double its current output.
Deutsche Bank unveiled a 70-foot tall carbon counter in New York City that tracks the amount of greenhouse gases in the atmosphere.
Exxon Mobil was ordered Monday to pay about $500 million in interest on punitive damages for the Exxon Valdez oil spill off Alaska, nearly doubling the payout to Alaska Natives, fishermen, business owners and others harmed by the 1989 disaster.
The leader of Canada's east coast province of Newfoundland has announced a tentative agreement to develop an offshore project estimated to contain 223 million barrels of oil.
Divers on Sunday began removing fuel from an oil field supply ship that sank in the Cook Inlet five months ago, but the work was soon halted when the inlet's extreme tides started rocking a vessel being used as a staging area.
Although GM and Chrysler’s bankruptcy may be playing into Ford Motor’s strong June numbers, "it’s really our products that are getting the best reviews they’ve ever gotten," said William Ford, executive chairman of Ford Motor in a live interview on CNBC.
The average price of a gallon of gasoline in the United States rose nearly 17 cents over the past two weeks as crude oil prices climbed to about $72 a barrel, according to an industry analyst.