EPA Study of Fracking Finds 'No Widespread, Systemic' Pollution

Hydraulic fracturing for oil and natural gas has contaminated some drinking wells but the impact is not widespread, according to three-year landmark U.S. study of water pollution risks released today.

OPEC Says US Oil Boom Will End This Year

OPEC says the demand for oil – its oil – will rise during 2015 because the cartel is winning its price war against US shale producers by driving them out of business.

Steven Chu warns UK its nuclear plans risk becoming financial drain

A leading energy expert has warned that although the British government is right to proceed with new nuclear plants they risk becoming a “financial drain” unless they can be built on time and on budget.

Chevron CEO's vision for US energy plan

Over the last 150 years, we've seen the greatest advancements in living standards in recorded history - advances enabled by affordable and reliable energy that have brought light, heat, mobility, modern communications and other benefits to billions of people around the world.

White House Unveils Plans to Cut Methane Emissions

WASHINGTON — The Obama administration on Friday announced a strategy to start slashing emissions of methane, a powerful greenhouse gas released by landfills, cattle, and leaks from oil and natural gas production.

INSIGHT-Nuclear deal heightens tension between Iran president and Guards

BEIRUT, Feb 9 (Reuters) - The article on Iran's semi-official Fars news agency appeared routine: the minister of roads and urban development said the ministry does not have a contract with construction firm Khatam al Anbia to complete a major highway heading north from Tehran.

Natural gas prices surge on cold snap

Natural gas prices surged and demand reached an all-time high Tuesday as the coldest weather in decades descended upon much of the United States.

US witnessing biggest oil boom in 40 years

HOUSTON: The United States' average daily oil production is on track to surge by 1 million barrels per day this year, the biggest one-year jump in the nation's history, according to latest official figures.

Shell Opts Not to Build Plant on Gulf Coast, Citing Costs

Royal Dutch Shell said on Thursday that it would not build an immense gas-to-liquids plant on the Gulf Coast because of concerns over its cost.

Keystone Pipeline Project Faces Nebraska Court Showdown

The proposed Keystone XL pipeline faces a court challenge in Nebraska, where three property owners contend state lawmakers gave the governor illegal power to take away their land for the project.

China to invest 80 billion yuan in oil and gas exploration this year

BEIJING: China will invest 80 billion yuan ($13.07 billion) in oil and gas exploration in 2013, state media said on Sunday, as it tries to boost energy supplies reduce its dependence on energy imports.

Pollution economics: China introduces carbon cap-and-trade programs to reduce emissions

With more than 1 million people in China dying prematurely each year from breathing its dirty air, and with warming temperatures portending rising sea levels and disruptions to food production, the centrally planned Communist country is experimenting with a capitalist approach to address the problem: It is creating incentives so that the market - and not the government - will force reductions in emissions.

Chevron profit drops on cheaper oil, refining woes

(Reuters) - Chevron Corp posted on Friday a steeper-than-expected 26 percent drop in quarterly profit as lower oil prices knocked oil and gas production earnings and its U.S. refining unit slowly recovered from a refinery fire a year ago.

BP says oil spill compensation fund running out

LONDON: British energy giant BP admitted on Tuesday that its $20 billion (15 billion euro) fund to compensate victims of the 2010 US oil spill disaster has almost run out of cash.

Rising costs drag oil and gas into factory age

LONDON/PERTH: Oil engineering consultant Steve earns 550,000 Australian dollars ($560,000) a year and is seeing new graduates signed up for six-figure salaries.

Climate Talks Yield Commitment to Ambitious, but Unclear, Actions

DOHA, Qatar — The annual United Nations climate change negotiations concluded here late Saturday after the customary all-night negotiating session and recriminations over who must bear the costs and burdens of a warming planet.

U.S. closer to being major natural gas exporter

The United States is one step closer to becoming a major exporter of natural gas.A long awaited report from the Energy Department issued Wednesday said the benefits of exporting the gas far outweigh the costs.

Middle East violence pushes oil prices up

NEW YORK (CNNMoney) -- Oil prices rose further Monday as violence between Israelis and Palestinians ignited fears that that the conflict could spread throughout the region.

Analysis: Threatened duties push China solar firms offshore

(Reuters) - Chinese solar companies are being forced to speed up plans to move a big chunk of their manufacturing offshore as Europe looks increasingly likely to join the United States in implementing duties on imports of Chinese-made solar equipment.

The Growing Might of Solar Power

From California to New Jersey, the summer sun was hot this year — and so was the solar industry.While the business of solar energy is still small enough and young enough to record firsts at the fearsome pace that a toddler does, the milestones are getting more substantial.