BOSTON— U.S. officials on Thursday auctioned off leases to more than 550 square miles of federal waters off the Massachusetts coast to two companies hoping to develop wind energy projects. The winning bids by Offshore MW LLC and RES America Inc. totaled $448,171. The area leased could support approximately two gigawatts of commercial wind generation, enough...» Read More
Every now and then in this job, you come across a technology that really grabs you. I'm not talking iPhone from Apple, or a new Google gPhone, or even a new microcessor from Intel.
While the U.S. oil industry wants access to more federal lands to help reduce reliance on foreign suppliers, American-based companies are shipping record amounts of gasoline and diesel fuel to other countries.
The surge in oil prices isn't just limiting how much people drive, it’s making them worry about next winter’s heating bill, and triggering a boom in the oldest source of fuel around: firewood.
There is "no shortage" in the oil market and OPEC member countries and would prefer a lower price than the current highs, OPEC Secretary General Abdalla El-Badri told CNBC on Tuesday.
U.S. property insurers face more than $5 billion in second-quarter disaster-related claims as bad weather such as extreme rain in the Midwest and New York weigh, the Wall Street Journal reported Monday.
Oil prices will rise for the foreseeable future, a Reuters poll found on Friday, marking the first time average forecasts have predicted that the extended rally will go on—for years.
California on Thursday took a major step forward on its global warming fight by unveiling an ambitious plan for clean cars, renewable energy and stringent caps on big polluting industries.
Legislation to allow an offshore wind farm breezed through the Delaware legislature Wednesday and was quickly signed into law.
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.