Environment
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The author of "the Stern Review" on the economic impact of climate change, Lord Nicholas Stern, talks to CNBC Europe about biofuels and climate change.
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The U.S. economy has "turned down sharply" and is at risk of weakening further because of the slump in housing, Treasury Secretary Henry Paulson said.
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The weak dollar is the main factor keeping prices at high levels, not the supply of oil, and that situation is likely to continue, current OPEC president Chakib Khelil, who is also Algerian Oil Minister, said on Tuesday.
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Gas prices rose further into record territory Monday, pulled higher by resurgent oil futures and a growing belief that gasoline supplies are falling as the summer driving season approaches.
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Retail gas prices surged to a new record above $3.30 a gallon Friday and appear poised to rise further in coming weeks as gasoline supplies tighten.
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Are hedge funds and investment banks unfairly driving up fuel costs for families in the U.S. -- or are soaring energy prices the result of a strong global economy and a free financial system? Industry officials are debating the question -- and will present their arguments to CNBC on Thursday.
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The U.S. economy has taken a sharp turn for the worse and is facing a tough quarter, U.S. Treasury Secretary Henry Paulson said on Thursday.
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A nationwide survey of nearly 700 people suggests that Americans would prefer more money be invested in technology to solve the nation's energy ailments than to cure cancer or other diseases.
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Toyota Motor on Wednesday challenged a claim by a former senior executive that Japan's government funded the development of technology that drives the market-leading Prius hybrid.
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U.S. auto sales dropped 12 percent in March in a decline blamed on shaky consumer confidence, high fuel prices and concern that a housing market downturn could spread into a full recession.
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Democrats think they have a revenue-neutral solution: shift some $18 billion in subsidies now helping the bottom line of the oil and gas industry to fledging green industries – wind, solar and alternative fuels.
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Independent truckers around the country pulled their rigs off the road and others slowed to a crawl on major highways in a loosely organized protest of high fuel prices.
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Russian mid-sized oil firm Tatneft said on Tuesday it is considering a joint project with Chevron after the head of the U.S. oil major's Russian operations met the president of Tatarstan.
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Supporters of two controversial coal power plants proposed for Western Kansas say they hope to pass new legislation this week that could override an expected veto by the governor and allow the $3.6 billion project to move ahead.
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With summer driving season around the corner, and the cost of gasoline at record highs, pain at the pump has become an everyday reality. And that has some automakers shifting their focus to alternative fuels, like hydrogen cells.
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Supporters of two controversial coal power plants proposed for Western Kansas say they hope to pass new legislation this week that could override an expected veto by the governor and allow the $3.6 billion project to move ahead.
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Oil majors can't get ahead of production declines despite spending on unconventional sources, an energy sector investment banker says.
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The average price of a gallon of gas in the United States has risen to a record $3.26, and the cost of diesel fuel has soared to a record $4.06 a gallon, adding to pressure on consumers and the companies that deliver their goods.
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The concept of "peak oil" could be thrown out the window if vast offshore and unconventional sources can be developed. Two experts weigh in on the subject.
