FRESNO, Calif.— A dozen wells used to pump oil and gas in California's Central Valley have been ordered to stop production to protect underground drinking water from contamination, officials said Tuesday. The operators of 10 oil wells in Kern County voluntarily stopped production, while two were issued cease-and-desist orders, said Steven Bohlen, head of oil,...» Read More
Allowing oil drilling in U.S. offshore waters that are now closed to energy exploration would do little to lower gasoline prices paid by consumers, the government's top energy forecaster said Wednesday.
The dream of a restored Everglades, with water flowing from Lake Okeechobee to Florida Bay, moved a giant step closer to reality on Tuesday when the nation’s largest sugarcane producer agreed to sell all of its assets to the state and go out of business.
Visitors to this summer’s Beijing Olympics will get an immediate lesson in the environmental cost of China's break-neck economic development: the world's worst air pollution.
Kuwait, one of the few OPEC members with spare capacity, will increase its oil output by 300,000 barrels per day starting mid-2009, state news agency KUNA reported, citing Oil Minister Mohammad al-Olaim.
Disposal company Republic Services said Monday it will buy Allied Waste Industries in a $6.07 billion stock deal that would join the second- and third-largest players in the disposal industry.
Cramming into a rusty, creaky van and playing dive bars and house parties is a summer ritual for many young musicians and ambitious independent bands trying to get exposure, but high gas prices are putting the brakes on new bands' tours.
The US Government has been trying to find ways to reduce the country's dependence on imported oil in a number of ways.
The reports below offer analysis and research on different parts of the energy industry, such as the potential for wind energy, higher energy efficiency for low-income neighborhoods and the affects of biofuels on the economy.
These energy industry events and conferences listed below bring together corporate executives, investors, lawmakers and regular folks looking to learn more about a particular industry.
As big as it is, the energy industry has a wealth of organizations to promote its interests and educate the public. Here's a sampling.
Not long ago, it was hard for retail investors to play the oil patch. Not anymore. As the energy bull market rages on, investors looking for a piece of the gains in oil and gas (and alternative energy) need only select from the dozens of energy-oriented Exchange Traded Funds (ETFSs) that are cropping up to meet demand.
Even with erratic federal and state subsidies, wind capacity in the US has blossomed since 2000, and there is now enough to serve 5 million homes. The Energy Dept. estimates wind could fulfill 20 percent of our electricity needs by 2020 if the right infrastructure is put in place.
Geothermal power has not only been getting investor attention recently, but it can lay claim to being perhaps the oldest of renewable energy sources. It is also genuinely renewable. Estimates vary considerably, but all say the potential is vast compared to what exists today.
With the proliferation of energy-oriented mutual funds over the last ten years, getting a piece of this supercharged, if highly volatile, sector has never been easier. But energy funds have been notoriously hot and cold over the years, so investors should allocate no more than 5 percent of their total portfolio to this sector.
Saudi Arabia is hosting a global oil summit to address high prices, and CNBC asked the experts what impact, if any, this summit could have.
Alex Sink, Florida Chief Financial Officer, said this morning she is not in favor of off shore drilling because of the negative effect it would have on Florida’s economy.
Sales of manual -- or push reel -- mowers with the cartwheeling blades are on the rise this year as gas becomes more expensive.
Real estate giants gathered in New York City on Thursday for the Bank of America Homebuilder Conference. CNBC has the highlights from the conference.
Ernesto Evangelista prefers to pump premium gas into his seven-month-old Nissan Titan, thinking it makes the truck run better.
U.S. and Chinese officials agreed Wednesday to launch negotations on a bilateral investment treaty and to expand their cooperation on energy and environmental issues, but differences remained on how quickly Beijing should liberalize its markets