European equities turned lower Monday as a fall in the price of oil once again hit investor sentiment.» Read More
Big oil companies are betting that algae, that green slime found in ponds, is a viable source of renewable energy, and they're joining academics, start-ups and the U.S. government in dedicating resources to studying its potential.
With big companies like BP, Shell and Iberdrola scaling back investment in renewable energy, analysts say governments need to pick up the slack.
Energy prices were mixed on Monday … crude oil futures in New York and London plunged, then surged and then plunged again as the market (present company included) traced into a vicious whipsaw, writes Stephen Schork.
The world's largest natural gas company, Russia's Gazprom, has after years of attempts finally gotten a foothold in the U.S., the world's biggest gas market.
Sharp reductions in investments and low oil prices could curb future supplies by almost eight million barrels a day within the next five years, according to a study scheduled for release Friday, the latest warning that the world could face a new energy shock when the economy picks up.
The administration is caught between oil companies, that want to expand drilling, and environmental groups, which ask for a ban to be reinstated.
Executives of the biggest oil companies are taking their case for expanded offshore drilling to Congress, even as Democratic congressional leaders and the Obama administration promise to put some limits on energy development along the nation's coasts.
Saudi Oil Minister Ali Al-Naimi, top executives atBP and Royal Dutch Shell, and the head of one of the energy industry's leading watchdog groups are among the more than 2,200 executives, economists, and analysts gathering in Houston, Texas, this week for the 28th annual conference hosted by Cambridge Energy Research Associates.
This sector's working again, the Mad Money host says. Here's how you play it.
Stocks are on their longest winning streak since November, and the question is how quickly will investors decide to sell the rally.
The realization that diversification of energy is in everyone's interest has shifted perceptions and the big oil companies, the likes of BP and Shell, have taken the lead in alternative energy.
President Hugo Chávez, buffeted by falling oil prices that threaten to damage his efforts to establish a Socialist-inspired state, is quietly courting Western oil companies once again, the New York Times reports.
Government bonds are still the safest bet for investors in these uncertain times, and the euro will face an uphill battle as weak economies will need more flexibility, Hugh Hendry, Chief Investment Officer and Partner at Eclectica, told CNBC.
The current market environment is a value investor’s dream, according to Patrick Becker Jr., co-manager of Becker Capital Management.
European building materials and construction stocks could be big gainers from a Barack Obama win in Tuesday's U.S. presidential election, while defence companies would get a boost if rival John McCain won, analysts said.
Stocks will likely rock and roll again Thursday. Wednesday's market was particularly volatile, although for a good part of the day it was unusually calm as investors waited for the Fed's rate decision. In the final half hour, the Dow wiped out a big gain to end 74 points lower. The Dow was up 298 at its peak, and down 174 at its low point.
Shell, Andarko and other energy companies are delaying the restart of oil and natural gas production as a second storm threatens to batter the Gulf. How should you trade?
Several major U.S. refiners said early checks on Monday showed their facilities were unharmed by Hurricane Gustav, but at least two others were said to be considering dipping into the U.S. Strategic Petroleum Reserve to keep operations going after the storm shut down key waterways.
Gustav hasn't even made landfall, and it's already hitting consumers in the pocket book. Gasoline could jump 10 to 15 cents a gallon at the pump over the Labor Day weekend for some drivers, according to Tom Kloza, chief analyst at the Oil Price Information Service.
Stocks advanced Thursday after second-quarter GDP was revised to show growth was more robust than first thought and oil receded to around $116 a barrel after earlier topping $120.