The North American shale boom will spread to Russia and Latin America next, the International Energy Agency expects.
"It is not possible that the Iraqi government return and fill these huge areas that it left."
U.S and Europe had already cleared the plan, but China's rejection killed it.
The project in the untapped Galilee Basin could produce 60 million tons of coal a year for use in power stations.
The market is responding to instability in Iraq, but the Kurdistan Regional Government seeks to bring stability.
Obama's climate change plan offers nearly $1 billion to help communities not just recover from natural disasters, but prepare for them.
China's President, Xi Jinping, on Friday announced new guidelines for reshaping how the Asian giant produces and consumes energy.
Gazprom shut off natural gas to Ukraine on Monday, leaving the country relying on a less-than-half-full inventory.
Exxon's CEO will speak at a summit in Moscow despite requests from the U.S. government to isolate Russia over its actions in Ukraine.
Supply of Russian gas to Europe will continue through Ukraine as usual unless the latter diverts it during transit.
Russia incensed over statements by acting Ukranian foreign minister describing Putin in unflattering terms.
Obama says he never thought he'd ever begin a speech by saying, "Hello anteaters."
The oil rig's deployment triggered anti-Chinese riots in Vietnam in May that led to the death of at least four workers.
U.S. retail gasoline prices will likely climb 5 cents to 10 cents and stay up for the summer.
Global oil prices are rising and could soar further as insurgents in Iraq threaten southern oil fields and export facilities, analysts say.
There are a few reasons to question Greenpeace's environmental agenda.
Three top Canadian officials on a recent trip to New York City pressured the Obama administration on the proposed Keystone XL pipeline.
An Indian government report alleges that NGOs aim to cut economic growth by 2-3 percent if they continue opposing nuclear and coal projects.
OPEC, the group of major oil-producing countries, tried to allay concerns that oil output would not be enough to meet rising global demand in the second half of this year.
Vice President Biden said the U.S. should use this opportunity to transition to energy independence and also renewable energy.
The governor is set to sign a rollback of Ohio's renewable energy and energy efficiency mandates ahead of the Saturday deadline.
Non-OPEC oil supply is expected to tail off in a few years, and then OPEC supply will be needed.
Clean-water groups aren't entirely satisfied by the agreement between Duke Energy and environmental regulators in North Carolina and Virginia.
U.S. Vice President Joe Biden will make remarks at a New York City energy summit today at 1:45 p.m. ET.
Natural gas was the largest domestic energy resource for the third year in a row last year, the report found.
The U.S. Supreme Court on Monday ruled that BP must keep making payments for the Gulf of Mexico oil spill while it appeals a 2012 settlement.
A surge in Chinese natural gas consumption would help the country reduce its fossil fuel consumption and accompanying air pollution.
The talks will continue late Tuesday or early Wednesday, the EU's energy commissioner said.
A Japanese official, in New York to share the new strategic energy plan, did not offer comments on if and when the nation's 48 idled nuclear reactors might come online again.
The app lets users pinpoint factories that are emitting excessive pollution, in an effort to pressure authorities and companies for cleaner air.