Within the last decade, technology advances have made it possible to unlock more oil from old fields, and, at the same time, higher oil prices have made it economical for companies to go after reserves that are harder to reach. With plenty of oil sti
Although gasoline prices have dropped sharply from last summer, 79 lawmakers sought to send a message, introducing a bill that would impose stiff penalties on oil and gas companies for price gouging. [You want to see high prices?!...]
Successfully generated electricity from heat by trapping organic molecules between metal nanoparticles, a finding that could yield cheap refrigerators, not to mention new, more efficient energy sources in general.
Abu Dhabi is to build a $350m solar power plant, the first of its kind in the Gulf, according to an investor in the project. Abu Dhabi holds more than 90 per cent of the oil reserves of the United Arab Emirates, the seven-member federation.
A Saudi wing of al Qaeda called for attacks on suppliers of oil to the United States around the world, saying targets should not be limited to the Middle East and listing Canada, Venezuela and Mexico as under threat.
Step forward, Jeremy Grantham -- Cheney's own investment manager. "What were we thinking?' Grantham demands in a four-page assault on U.S. energy policy mailed last week to all his clients, including the vice president.
[mighty nice of ya] California regulators banned the 3 companies that supply most of the state's power from buying electricity from high-polluting sources, including most coal-burning plants. About 20% of the state's electricity comes from co
Mining heat stored in rocks in the Earth's crust could meet a growing portion of U.S. electricity demand, replacing aging nuclear and coal plants with an environmentally friendly alternative, researchers say.
"We're paying it, so they'll keep charging it," Victoria Brown of Longview said Sunday as she pumped $20 worth of regular unleaded gas -- at $2.65 a gallon -- at the Shell station on Washington Way.
When I heard that the CLEAN Energy Act was on the agenda for the 110th Congress’s “first 100 hours” hype-fest, ... This isn’t going to be a corporate welfare cut. It’s going to be a corporate welfare transfer, and probably some tax hikes on the false
Regular unleaded gasoline price under $2 per gallon Friday, Jan. 19, 2007 in Columbus, Ohio. As crude oil prices have fallen close to $50 a barrel
Gunmen in Nigeria's oil region have attacked and killed 12 people including four local chiefs, police say. Two passengers who suffered gunshot wounds during the attack escaped from a boat that was carrying 14 passengers to Kula village in the
With Democrats in charge, perhaps no industry will find the new Congress less hospitable than the oil industry. That will be underscored Thursday when the House is expected to approve a bill that would repeal billions of dollars in oil industry ta
[boy that Baker sure gets around] BP's safety practices came under fire from a blue-ribbon panel that said the oil company skimped on spending and failed to take other steps that might have prevented a deadly refinery explosion in March 20
The Bush administration moved to boost U.S. oil and gas supplies by lifting a long-standing moratorium on drilling in Alaska's Bristol Bay, as OPEC accelerated plans to reduce supplies in order to prop up sagging crude prices.
A nuclear warhead nearly exploded in Texas when it was being dismantled at the government's Pantex facility near Amarillo. The warhead nearly detonated because an unsafe amount of pressure was applied while it was being disassembled
Gazprom, the Russian energy monopoly, bought control of the world’s largest combined oil and natural gas development on Thursday after a highly publicized campaign of pressure on its foreign operator, Royal Dutch Shell.
Armed men attacked 2 foreign oil facilities in southern Nigeria, and both shut down production following the assaults in the restive, oil-rich region. Royal Dutch Shell began evacuating families of foreign workers, citing worsening security.
The planes of the future could be flown with liquid fuel made from coal or natural gas. Already the United States Air Force has carried out tests flying a B-52 Stratofortress with a coal-based fuel.
Plans to build the world's largest offshore wind farm off the coast of south-east England were approved by ministers yesterday in a move that could eventually bring 341 turbines to the Thames estuary.
Nanosolar will open one of the world's largest solar cell manufacturing facilities in South San Jose by spring, placing the city at the forefront of an emerging technology.
Nanosolar roll-prints solar cells that require only 1/100th as thick an absorber as a silicon-wafer cell yet deliver similar performance and durability. The technology lowers the process cost making it possible to rapidly scale production.
Many people, for example, are not aware that in the 1930s the Russians had functioning free energy devices, or that at the same time the U.S. Navy and General Electric had a self-powering electrical project on the campus at Stanford University. These
Congress will attempt to pass legislation next week to allow offshore oil and gas exploration in new portions of the Gulf of Mexico, while barring rigs for at least 125 miles off Florida's Panhandle and for nearly 250 miles off its West Coast.
Oil prices rose, hitting a two-month high, after the government said supplies of distillates and gasoline showed a surprise decline and cold weather looked set to bear down on the U.S. Northeast, the world's largest home heating oil market.
Russia has found the Achilles' heel of the US colossus. In concert with its oil-producing partners and the rising powerhouse economies of the East, Russia is altering the foundations of the current US-led liberal oil-market order, insidiously wo
Uranium is the energy investment of choice for a growing number of hedge funds, which claim a sixfold gain since 2001 is just the beginning of a rally that will last years.
Down in Bernard Malin's basement is a softly thrumming metal box that turns natural gas into hot water and generates $600 to $800 worth of electricity a year - a bonus byproduct of heating his home.
The power shift in Congress appears to signal the end of both House and Senate plans to let oil companies drill off the Florida coast.
In London, Brent North Sea crude for December delivery fell USD 1.61 to settle at USD 59.71 a barrel.