CNBC's Jackie DeAngelis reports Brent crude inventories build to 3.7 million barrels.» Read More
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Salt power is a tantalizing, if still distant, alternative energy prospect as high oil prices make more exotic alternatives look more economical.
Italian power company Enel targeted cutting its debt mountain from buying Spain's Endesa, vowing on Thursday to cut up to nearly 11 billion euros ($16.9 billion) under a new five-year business plan.
U.S. oil major Chevron plans to develop two multi-billion dollar gas projects in Asia, amid forecasts of surging gas demand and rising prices.
As prices rise for fossil fuels and worries grow about their contribution to global warming, solar thermal plants are being viewed as a renewable power source with huge potential.
Ford Motor said Monday it would eliminate shifts at four U.S. plants and lay off some 2,500 workers -- or almost 5 percent of its remaining work force -- as part of an effort to cut costs and return to profitability next year.
Ford Motor expects to produce 685,000 vehicles in North America during the first quarter of 2008, 55,000 fewer than the first three months of last year, the company said in a report filed Wednesday with the Securities and Exchange Commission.
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Extremely cold weather over much of the United States last week forced storage operators to pull a record amount of natural gas from inventory.
Prime Minister Wen Jiabao responded this week to growing public anxiety about inflation by announcing that China would freeze energy prices in the near term, even as international crude oil futures have continued to surge.
Orion Energy Systems soared in its market debut Wednesday, a day after an initial public offering priced in the middle of a forecast range.
President Bush signed into law Wednesday legislation that will bring more fuel-efficient vehicles into auto showrooms and require wider use of ethanol, calling it "a major step" toward energy independence and easing global warming.
The House on Tuesday approved an energy bill to increase the fuel efficiency of U.S. cars and trucks for the first time since 1975, boost production of renewable motor fuels like ethanol and cut energy use in light bulbs and appliances.
The U.S. House of Representatives Tuesday passed a broad energy bill that will boost automobile fuel efficiency standards and require more use of renewable fuels like ethanol.
The 1st part of CNBC Smoke Test - ABSTRACT
A deadly ice storm in the U.S. heartland triggered power outages that paralyzed parts of the most important U.S. oil hub, threatening supplies to the region's oil refineries.
The House of Representatives Thursday passed an energy bill that would boost vehicle fuel economy requirements by 40 percent by 2020, raise ethanol use by five-fold by 2022 and impose $13 billion in new taxes on big oil and gas companies.
A constitutional referendum in Venezuela on Sunday is expected to significantly consolidate the power of President Hugo Chavez -- paving the way for a lifetime presidency and possibly an era of strong-man socialism -- but is not expected to fundamentally alter economic relations with the U.S., which are dominated by oil trade, analysts said Friday.
Uzbekistan wants to charge Russia more for its gas supplies from next year and will negotiate a new deal in December, an Uzbek energy official said on Thursday.
Natural gas producer and pipeline company El Paso Wednesday it has entered into an agreement to acquire a 50 percent interest in a liquefied natural gas project in Mississippi from Crest Group and Sonangol.