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  • China Says Needs Time to Move on Fuel Subsidies Tuesday, 17 Jun 2008 | 9:50 PM ET
    China, Chinese Flag

    China intends to make its energy prices better reflect market fundamentals over time, but needs to move cautiously because of concerns about inflation, an official said on Tuesday.

  • Bush to Urge Lifting of Ban on Offshore Drilling Tuesday, 17 Jun 2008 | 8:09 PM ET

    President George W. Bush will make an announcement on Wednesday about energy and call on Congress to pass legislation lifting a ban on offshore oil drilling, the White House said.

  • World Crude Production Has Peaked: Pickens Tuesday, 17 Jun 2008 | 2:30 PM ET
    Boone Pickens

    World crude oil production has topped out at 85 million barrels per day even as demand keeps climbing, helping to drive a stunning surge in prices, billionaire oil investor T. Boone Pickens said on Tuesday.

  • America's Oil Crisis: What's Behind Soaring Prices? Tuesday, 17 Jun 2008 | 11:20 AM ET

    Energy prices have doubled over the past year, and to better understand why, CNBC asked prominent executives, politicians and analysts for their insight.

  • Feeling Thrifty, the Thirsty Reach for Tap Water Tuesday, 17 Jun 2008 | 7:21 AM ET

    With the credit crunch weighing on consumers' wallets, tap water is making a comeback.

  • Fuel Protests, Strikes Spread, Pressure Governments Monday, 16 Jun 2008 | 10:21 PM ET
    Truck drivers block the border in Spain with France, Tuesday, June 10, 2008. Thousands of Spanish truckers began an indefinite strike over soaring fuel costs . (AP Photo/Manu Fernandez)

    Protests against surging fuel prices which have triggered fears of political instability and a global economic downturn expanded in Asia Tuesday, with Colombian truckers joining the wave of strikes and a South Korean labor union announcing a fresh strike scheduled for next month.

  • Saudi Arabia's pledge to boost oil production by 500,000 barrels per day may not be achievable, a source close to the Saudi oil industry told CNBC.com.

  • Fuel Price Protests Spread, Pressure Governments Monday, 16 Jun 2008 | 8:02 AM ET

    Protests against surging fuel prices which have triggered fears of political instability and a global economic downturn expanded in Europe and Asia on Monday, and Colombian truckers said they would join the wave of strikes.

  • IMF Chief: Fuel Subsidies Won't Counter High Oil Friday, 13 Jun 2008 | 6:01 AM ET

    The International Monetary Fund is opposed to general fuel subsidies to counter the high price of oil, and would prefer measures that target the poor, IMF chief Dominique Strauss-Kahn said in a newspaper interview.

  • The Synergies of Energy Friday, 13 Jun 2008 | 4:19 AM ET

    Energy prices have been absolutely sizzling hot, more than doubling the last 12 months. And with heavyweights like Goldman Sachs predicting that prices will hit $150 a barrel by this summer, everyone -- from producers to governments to motorists -- has been obsessed with where oil prices are going.

  • Russia's Gazprom Predicts $250 Oil by 2009 Tuesday, 10 Jun 2008 | 4:15 PM ET
    Gazprom

    Russia's Gazprom, the supplier of a quarter of Europe's natural gas, expects the price of crude oil to almost double as the decade draws to a close, taking gas prices with it.

  • Saudis Boost Oil Output: Ministry Sources Tuesday, 10 Jun 2008 | 9:42 AM ET

    Saudi Arabia's oil output increase by almost 500,000 barrels a day this quarter, to 9.54 million barrels, CNBC has learned from sources in the Saudi Oil Ministry.

  • IEA Cuts World Oil Demand Forecast Tuesday, 10 Jun 2008 | 8:13 AM ET

    World oil demand will rise at its slowest pace in six years during 2008 as a raft of fuel subsidy cuts in Asia erodes consumption, the International Energy Agency said on Tuesday.

  • OPEC Can't Affect Volatility: Nigerian Oil Min. Monday, 9 Jun 2008 | 3:54 AM ET

    OPEC is powerless to affect the volatility in world oil prices and an emergency meeting would only fuel speculation and exacerbate the problem, Nigerian Oil Minister Odein Ajumogobia said on Monday.

  • Global Energy Officials Mull Ways to Tame Oil Saturday, 7 Jun 2008 | 10:43 AM ET

    Energy officials from the world's top consumer nations met to discuss ways to tame record prices on Saturday, a day after oil's biggest one-day surge on record. The U.S. energy chief singled out cheap fuel in Asia -- notably  China and India -- as part of the problem.

  • Natural Gas Getting Hotter as Asian Demand Grows Friday, 6 Jun 2008 | 1:11 PM ET
    Natural Gas

    Global gas assets, especially in countries like Australia, have become a red-hot commodity as companies race to outbid each other for the clean energy to meet a spike in Asian demand that outpaces supply.

  • As Energy Costs Soar, US Looks to Solar Friday, 6 Jun 2008 | 10:28 AM ET
    Winemaker Greg Allen walks between floating solar panels on a pond behind the Far Niente winery in Oakville, Calif. The winery is trying out a new approach in the volts-for-vines tradeoff, saving vineyard space by floating solar panels on a pond that recycles water left over from the winemaking process. (AP Photo/Eric Risberg)

    Apple is considering harnessing the sun to power its iPod music players. California's Ironwood prison is installing more than 6,000 solar panels, and Boston's Fenway Park is tapping solar power for Red Sox baseball games.

  • IEA Urges "Energy Revolution" to Halve CO2 Friday, 6 Jun 2008 | 7:34 AM ET

    World governments must quickly start a $45 trillion "energy technology revolution" that could drive up the cost of producing carbon ten-fold, or risk emissions surging by 2050, the West's energy watchdog warned on Friday.

  • Web Sites That Help You To Live The Green Life Wednesday, 4 Jun 2008 | 1:53 PM ET

    Today Discovery's launches its Planet Green eco-tainment cable channel, and the number of eco-friendly products on the market makes it clear that Green is H-O-T. National Geographic launched "Green Guide," its first service magazine.

  • Planet Green

    Tomorrow Discovery launches Planet Green, replacing its home network with the first 24/7 network dedicated to environmentally-friendly programming. The new buzz word is "eco-tainment" and the company that gave us the highly-rated "Planet Earth" series is betting it'll be in high demand.