Dow Jones Industrial Average Skyrockets More Than 260 Points As Oil Prices Rally
The Dow soared Thursday after global; crude oil prices bounced back from five-year lows earlier this week.
Fracking Ban New York: Decision Could Embolden Lawmakers Elsewhere To Outlaw Practice
Increasing public and environmental concerns have led to moratoriums on fracking in some U.S. counties over the past decade.
Russian Oil Chief Denies Speculation That Rosneft Bond Sale Set Off Ruble Currency Collapse
Igor Sechin, head of Russia's biggest oil producer, said such speculation is a "provocation."
Russian Central Bank Raises Key Interest Rate To 17% To Boost Ruble, Which Falls To 16-Year Low
The hike is seen as a desperate move by Russia to rescue its economy from the dual impact of plunging oil prices and Western sanctions.
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Anti-Keystone XL Movement Is Inspiring Fights Against 10 Other Oil And Gas Pipelines: WSJ Analysis
National environmentalist groups have joined forces with local opponents to delay the construction of thousands of miles in new pipelines, the Wall Street Journal found.
BP To Spend $1B On Restructuring
Oil major BP will also review its capital expenditure plans for 2015, in light of the current outlook for oil prices.
US Solar Energy Sector Sees Second-Best Quarter As Developers Rush To Tap Expiring Federal Tax Credit
In Q3 2014, the U.S. installed 1,354 megawatts of solar photovoltaics, and installations are expected to jump even higher in coming quarters.
President Obama On The Colbert Report: Keystone XL Pipeline Could Have 'Disastrous' Impact On Climate Change If Built
In a Monday interview, the president said the benefits of the controversial project must be weighed against its effect on global warming.
Chevron And ONGC Videsh Join New Zealand Oil, Gas Search
Chevron is partnering with Norway's Statoil to explore three prospects off the lightly explored south-east coast of the North Island.
Brent Hits Five-Year Low Below $66 On Oversupply Worries
Brent crude for January delivery hit an intraday low of $65.33 on Tuesday, its lowest since September 2009.
US Trade Deficit Dips Amid Falling Crude Oil Prices And Surge In US Energy Production
Federal trade officials on Friday said imports of crude oil dropped 0.6 percent in October, helping to ease America's trade imbalance.
NextEra Energy's $4.3B Deal To Buy Hawaii's Biggest Utility Will Accelerate Clean Energy Development In The State
Florida-based NextEra says its strategy to build out solar and wind power across Hawaii could inspire other states to follow suit.
Obama EPA's Landmark Power Plant Proposal Draws 2M Comments From Detractors And Supporters
The U.S. EPA says it is on track to finalize the rule before Obama leaves office in 2016.
Ukraine Reports Accident At Nuclear Power Plant In Southeast
The accident, in Ukraine's largest nuclear power plant, could reportedly aggravate the power crisis in the country.
Detroit Power Outage 2014: 100 Buildings Without Power Include Fire Stations, Schools And Courthouse
All public buildings in downtown Detroit are without power, forcing early school dismissals and postponement of a criminal trial.
Baghdad, Iraqi Kurdistan Finalize Oil Export Deal, Abadi Paves Way For Inclusive Government
Pressure from Turkey and the threat of the Islamic State group helped bring the two parties together.
Up To 400,000 Barrels Of Iraqi Oil ‘Remains Inactive’ As Kurds, Iraqi Central Government Aim To Solve Payment Issue
There is serious money at stake: Up to 400,000 barrels of Iraqi oil remains off the market until the issue is solved.
Two Years After Peña Nieto Took Office, Investors In Mexico Wary Of Rising Unrest And Corruption Concerns
Two years into Peña Nieto's term, the president's reform drive has morphed into disillusionment and protests. Investors are watching warily.
Ukraine Gets $187M Loan From European Investment Bank To Upgrade Gas Pipelines
The pipeline can currently supply 142.5 billion cubic meters of gas to Europe every year.
Crude Oil Does The Limbo: How Low Can It Go?
Crude oil’s price per barrel breathtakingly plunged to $66.15 Friday from $107.95 June 20, a dizzying drop of -$41.80, or -38.72 percent.
Oil Prices Sink To 4-Year Low Following OPEC Decision To Maintain Production Levels
Prices at the pump are expected to remain low as OPEC maintains its current level of production.
Obama Plan To 'Power Africa' Gets Off To A Dim Start
Obama's pledge to double power generation in Africa within five years looked highly ambitious from the start.
Kinder Morgan: No Extension Of Injunction Against Canadian Protesters
Kinder Morgan says it would clear its crews off a British Columbia mountain by the end of the month.
Saudis Block OPEC Output Cut, Oil Price Sinks Further
A price war would hurt top non-OPEC exporter Russia, which has clashed with Saudi Arabia over Moscow's support for Syrian President Bashar Assad.
EU Predicts Stable Gas Supply For Winter Despite Ukraine-Russia Payments Conflict
Ukraine and Russia had signed a deal in late October to continue gas supplies through the winter as a temporary solution to a payments stand-off.
Brent Falls To Four-Year Low As OPEC Production Cut Looks Unlikely
Some fund analysts have said that oil prices could slide to $60 per barrel if OPEC does not agree to a significant output cut.
Coal Mine Explosion In China's Guizhou Province Kills 11 People
There were 589 mining-related accidents in China last year and about 1,049 people have been killed or reported missing in these incidents.
Saudi's Naimi Sees Oil Market 'Stabilizing Itself'
OPEC's meeting on Thursday will be one of the most crucial in recent years, with oil prices having tumbled some 30 percent since June.
North Korea, Russia Agree To Increase Efforts To Restart Six-Party Talks On North's Nuclear Program
The six-party talks on North Korea's nuclear program between the U.S., South Korea, China, Japan and Russia took place between 2003 and 2007.
Nepal Gives Indian Firm Green Light For $1B Hydroelectric Plant
Indian firms are investing billions to develop Nepal's hydropower potential.
Jindal Steel Shelves $10B Project After Coal Setback
India is a big importer of crude oil that is refined to make diesel and petrol.
Oil Price Seen Falling To $60 If OPEC Does Not Cut Output
Fund managers are divided over whether OPEC will reach an agreement on cutting output.
US Can Slash Its Fossil Fuel Emissions By 85 Percent By 2050, New Climate Change Study Shows
The "deep decarbonization" analysis is a road map for reaching U.S. climate change goals.
India To Invest $4B To Tackle Power Theft
Cheap or free power is viewed as a right rather than a privilege by many Indians.
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