For Norway, Oil at $50 Is Worse Than the Global Financial Crisis

When the financial crisis brought the global economy to its knees, Norway was largely unscathed. But oil under $50? That's another story.

U.S. vs. Saudi Arabia: The Oil War

Saudi Arabia leads the Organization of the Petroleum Exporting Countries (OPEC), launched an economic oil war with the United States in November last year when it decided not to cut its production despite the declining oil prices.

Coal is not the answer to India's energy poverty, whatever Tony Abbott says

Adani’s huge Carmichael coal mine – the biggest in Australian history – has been overturned by the federal court, causing much consternation for coal advocates, chief among them Australian prime minister Tony Abbott.

Russia lays claim to vast areas of Arctic

Russia has submitted a bid to the UN claiming vast territories in the Arctic, the country’s foreign ministry said on Tuesday.

Kerry Meets Arab Gulf Ministers to Ease Concerns Over Iran Deal

Secretary of State John Kerry is meeting Gulf foreign ministers Monday to provide assurances that the U.S. commitment to the oil-rich region isn’t wavering after last month’s landmark nuclear agreement with Iran.

A $600 million coal mine just sold for less than $1

On Thursday, Bloomberg reported that the biggest American producer of coking coal, Alpha Natural Resources, could file for bankruptcy as soon as Monday.

Putin's Energy Giant Falls on Hard Times

Years of mismanagement and politically driven expansion are catching up to the Russian state-owned natural gas company Gazprom.