Fossil fuels will continue to be a vital component of the world's energy mix for many years, and natural gas will increasingly play a more prominent role, according to global energy leaders speaking today at the World Energy Congress in Montreal.
Following is a timeline of the Gulf of Mexico oil spill and its impact:
Stocks ended lower for a second day Thursday, led by tech and consumer shares, after some disappointing outlooks. Financial and materials rose slightly.
Stocks shaved some of their earlier losses as financials gained. Sony and BP shares rose.
Weekly jobless claims will again be a big event for Thursday's markets, and economists think the number will not really show any improvement.
The federal government is calling into port some of the boats involved in the BP oil spill cleanup amid storm predictions in the Gulf of Mexico.
A confidential survey of workers on the Deepwater Horizon before the oil rig exploded showed that many of them feared reprisals if they reported mistakes or other problems. The NYT reports.
As BP moves closer to permanently containing the Gulf oil spill, four major oil companies are moving to ensure there's a rapid response system in place, in the event of a future deep-sea well blowout in the Gulf of Mexico.
It’s no secret that bond funds are where the action has been over the past year, with most new fund money going their way. What is a secret—or at least something that never gets discussed—is the cost of investing in bond funds.
In a CNBC Exclusive, Marvin Odum, President of Shell Oil Americas and Shell Oil Upstream Americas Director told Maria Bartiromo that Shell may be interested in some BP assets if the British oil giant is considering a sale of its assets.
Today and tomorrow, Maria Bartiromo will host CNBC’s Closing Bell live from Aspen Ideas Festival. Over the last 50 years, this gathering has become the place for global leaders to come and gather at the one of the world's most beautiful spots to discuss the most innovative ideas and the most pressing issues.
More than two months after the Deepwater Horizon sank, it is now clear the energy industry doesn't know exactly how to stop a blowout in deepwater or how to clean up a massive spill.
Why Cramer sees promise in the production of this cleaner energy source, even if it isn’t for us.
Bad weather forced Gulf of Mexico oil cleanup efforts off the shore of Louisiana to stop Tuesday, but BP's oil-capture systems maintained operations, the U.S. Coast Guard and BP said.
Our traders consider what oil giant would buy the beleaguered company and when.
Some of BP’s other trading partners, or counterparties, are asking for letters of credit from banks to guarantee that BP will make good on future trading debts, says one of the people familiar with the matter.
Gander Mountain charged that on co-branded cards—these are cards that can be used anywhere as a Gander Mountain Master Card—ADS won’t give credit to Gander Mountain customers with FICO scores above 800.
BP's plan to increase oil-capture capacity this week at the Gulf of Mexico leak to up to 53,000 barrels a day will be delayed by high waves expected to be generated by Tropical Storm Alex, a company executive said Monday.
While oil companies have spent billions of dollars to drill deeper and farther out to sea, relatively little money and research have gone into finding new, improved ways to respond to oil spills in deepsea conditions like those in the Gulf of Mexico.
The Coast Guard reported Wednesday that energy giant BP has been forced to remove a cap that was containing some of the oil gushing from its ruptured Gulf of Mexico well.