Mexico's energy sector -- closed to competition for 80 years -- could open up to private investment if President Enrique Pena Nieto has his way.
Nieto has vowed to push ahead with Pemex reforms that could open Mexican energy business to outsiders.
One of the first results of the new budget cap could be "no funding for an asteroid rendezvous mission."
Fitch says Rio-based OGX Petroleo e Gas Participacoes could be insolvent by the end of the year.
A new IEA report also said OPEC countries' crude oil supply rose in May to its highest level in seven months.
The National Space Society and India have agreed to collaborate on the creation of an international organization to generate solar power in space.
Japan experienced an explosion of investment in solar energy after the 2011 Fukushima nuclear meltdown.
Did you know Pakistan has as much recoverable shale oil as Canada? The number of known shale deposits is growing.
The company was founded in 2004 by entrepreneur and philanthropist Miles Rubin. Its electric vehicles were manufactured in China.
Russia's OAO Gazprom did not make a bid for the troubled state-owned utility.
Wind energy created a record amount of power last year.
The European Union is set to regulate offshore oil and gas anew, responding to the massive 2010 BP oil spill.
The US, China and the EU are in initial talks to resolve trade tariff disputes related to the international solar panel trade.
Beijing could hold its third auction of shale gas assets to promote more participation by smaller, regional companies.
Company chairman says investments will boost India's growth at a time when foreign investments into India are falling.
Foreign investment term disputes have built up tensions between the country's government and big oil.
Argentina removed a freeze on Chevron assets, another blow to Ecuador's bid to get Chevron to pay $19 billion over a scandal-tainted lawsuit.
Iowa utility MidAmerican Energy has decided against a politically controversial nuclear power plant, opting instead to focus on wind energy.
The EU has decided to tax Chinese solar panel imports after much deliberation and an investigation, a move that could spark retaliation from China.
The incident adds to tensions between rival unions at one of the country's largest platinum mines.
At D11, Elon Musk said he hopes to triple Tesla's Supercharger network and introduce an affordable all-electric car.
Pakistan's new government needs to approve continuation to ensure Pakistan gets its much-needed natural gas.
Canadian Prime Minister Stephen Harper said increasing the oil supply to the U.S. was inevitable.
Nigerian armed forces have launched raids against Boko Haram Islamist militants in the north-east, officials said on Thursday.
Federal judge rejects Dow's request to overturn a February verdict, tripling the $400 million owed to $1.2 billion.
The oil and gas giant says false and excessive claims are putting its finances at risk, possibly inviting a takeover.
The EU is investigating whether oil giants colluded in reporting distorted prices to fix market prices for oil.
The new ways to extract light crude and Canada's tar sands are radically changing the oil playing field.
The energy giant is flexing its corporate muscle against the law firm, alleging acts of corruption, bribery and false representation.
Iran's top energy official says each new refinery would have the capacity to generate 20,000 barrels per day.