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Energy

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World oil prices have reached new peaks, above 74.0 dollars in London and 72.0 dollars in New York owing to low stocks of gasoline in the United States and tensions over Iran's nuclear programme. Struck a record high of 74.22 dollars per barrel

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Associated Press

The U.S. Energy Department said the nation's supply of gasoline shrank by a larger-than-expected 5.4 million barrels last week to 202.5 million barrels. The decline, the seventh in as many weeks, pushed gasoline [When demand exceeds supply?]

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Reuters

In an extreme energy project tapping heat from raw sewage, Oslo's citizens are helping to warm their homes and offices simply by flushing the toilet. Large blue machines at the end of a 300-meter long tunnel in a hillside in central Oslo use frid

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Reuters

U.S. drivers saw gasoline prices soar an average 7.7 cents a gallon over the last week. The national price for regular unleaded gasoline jumped to $2.33 a gallon, up 33 cents from a year ago and the highest level in a month.

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Associated Press

The Interior Department disclosed that a provision was mysteriously deleted from hundreds of federal drilling leases in the late 1990s that would have required producers to pay royalties, once prices reached a certain level, on oil or gas taken from

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