Expect more volatility in oil, with prices staying around current levels, Exxon Mobil CEO Rex Tillerson told CNBC.» Read More
Thomas Skains, Chairman, President and CEO of Piedmont Natural Gas and Chairman, American Gas Association writes, "A key part of President Obama’s energy plan is a focus on significantly reducing current imports from the Middle East and Venezuela within the next 10 years. One of the ways to do this is by promoting the responsible domestic production of natural gas here in our own country."
In recessions investors tend to return to safe havens like government bonds, the US dollar, gold and consumer staple and drug stocks and cash flows out of what are considered more discretionary sectors.
Airplanes of the future may not look like George Jetson or Star Trek aircraft, but they'll be powered by anything from vegetable oil to algae.
This tiny U.S. ally is showing few signs of the world economic crisis, even as some of its Persian Gulf neighbors struggle with debt, stalled projects and the collapse in oil prices.
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.
ConocoPhillips, the third-largest U.S. oil company, said Thursday that lower oil and natural-gas prices and significantly lower worldwide marketing margins are expected to hurt first-quarter results.
The White House's auto task force thinks that GM's latest offers to bond holders and auto workers will leave the company with too much debt and want the terms reduced even further, CNBC has learned.
Wagoner's resignation comes as the company awaits president Barack Obama's reports on efforts to save GM and Chrysler.
Cramer explains why the market's pause is right. Plus, calls on the banks, homebuilders and natural gas.
An offer from GM is a "first shot, a starting point" for negotiations, said a GM bondholder told CNBC, but "there’s great disparity between the bondholders versus labor."
Steven Chu has likened his introduction to Washington to being “dumped in the deep end of the pool.”
GM bondholders sent a letter to Treasury Secretary Timothy Geithner and the leaders of the auto task force Sunday expressing frustration that they have received no response from either GM or the auto task force regarding their suggestions for a near $28 billion debt exchange.
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The administration is caught between oil companies, that want to expand drilling, and environmental groups, which ask for a ban to be reinstated.
The federal stimulus bill has allocated $3.4 billion for clean coal technologies, and companies are lining up with projects.
Members of the General Motors bondholders committee will be meeting with President Barack Obama’s auto task force on Thursday in Washington, CNBC has confirmed.
Cramer looks at the defense, natural gas, coal and utility sectors through a White House prism.
One of the best ways to play oil’s resurgence is with master limited partnerships. This is Cramer’s favorite.
El Paso on Thursday swung to a fourth-quarter loss amid a sharp decline in natural gas prices.