Caterpillar says it plans to close five plants and trim about 670 jobs in Illinois and several other states.» Read More
Slightly less than 40 percent of shareholders voted at the oil company's annual meeting Wednesday to create an independent chairman.
Its price has become one of the most widely discussed, debated and feared topics on Wall Street and on Main Street. But what's next? Will it continue to climb toward a "super spike" or have we seen the top for oil prices?
Tell Us: Who's to Blame for America's Oil Crisis?
Russia is a safe country for foreign energy companies to make investments and doesn’t use natural-gas prices for political purposes, the deputy chairman of energy giant Gazprom said in an exclusive interview on CNBC’s "Closing Bell."
Friday may be national Bike-to-Work Day, but more and more commuters are doing it on a daily basis, driven by ever-higher gasoline prices.
With billions of dollars now moving into geothermal energy projects around the world, it is no longer a marginal business, meriting a second look by investors looking for a clean technology subsector with significant upside potential.
U.S. natural gas inventories could be at seriously low levels at the start of winter this year, if current rates of liquefied natural gas (LNG) imports remain at record lows, a Goldman Sachs report said Wednesday.
U.S. gasoline is no longer the leading fundamental driving oil markets, according to a report penned by Arjun Murti of Goldman Sachs Tuesday. Murti who famously predicted the dawn of the “super spike” back in March 2005, says this dramatic shift could have meaningful implications for the energy markets.
When contemplating stock positions for the summer, investors are often advised to "sell in May and go away," as the saying goes.
As the market gets a jolt of confidence on Mars’ plans to buy Wrigley, CNBC asked the experts how to make the most of the momentum.
Earnings from a smorgasbord of European companies revealed a mixed business environment Thursday, with the likes of Bayer and Swedbank beating expectations, while Peugeot Citroen and Stora Enso missed.
German companies dominated European earnings headlines Wednesday with tech heavyweight Infineon reporting a quarterly loss, but IKB, the first German subprime casualty indicating a smaller-than-expected loss.
Many companies are guilty of "greenwashing" -- claims that mislead consumers, by words or image, about the environmenal impact of their products, experts say.
All three presidential candidates are largely in sync on the need to curb greenhouse gases and despite President Bush’s recent apotheosis on the subject, most analysts expect the landmark legislation will still have to wait for the next administration.
In the altered calculus of green economics, what used to be garbage is now a valuable fuel, which can be used – or really, reused - to generate electricity.
This Brazilian utility is a natural monopoly in a growing economy. What else can you ask for?
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.
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.
The continued surge in energy prices once again giving market speculation a bad name, but pressure for new regulation to tame 'excessive speculation' is still not likely to have much impact.
Venezuela is not interested in seeing oil prices rise further and is pushing to stabilize the market, President Hugo Chavez said after visiting the site of a Brazilian refinery being built to process Venezuelan crude.