Oil falls 3 percent on worries over euro zone, China

NEW YORK (Reuters) - Oil fell more than 3 percent on Wednesday, with worry mounting about the petroleum demand outlook as the euro zone debt crisis pushed the single currency down near a two-year low against the dollar and after China signaled it was not planning a large economic stimulus.

'Golden age of gas' threatens renewable energy, IEA warns

A "golden age of gas" spurred by a tripling of shale gas from fracking and other sources of unconventional gas by 2035 will stop renewable energy in its tracks if governments don't take action, the International Energy Agency has warned.

Senate panel reins in Pentagon on clean energy

WASHINGTON (AP) — The Pentagon's investment in green energy requires too much green paper for some in Congress.

Three-quarters of Japanese firms oppose nuclear power

TOKYO (Reuters) - Nearly three-quarters of Japanese companies support abandoning nuclear power after last year's Fukushima disaster, although a majority set the condition that alternative energy resources must be secured, a Reuters poll showed on Friday.

Analysis: Shale energy boom dangles prospect of leap in economic growth

WASHINGTON (Reuters) - America's reliance on fuel imports has sucked vigor from its economy for decades. Now an oil and natural gas boom holds out the prospect for a new era of stronger U.S. economic growth.

To avoid conflict, OPEC may keep oil target unchanged

LONDON: Saudi Arabia and its Gulf Arab allies are likely to try to avoid confrontation with Iran and recommend leaving OPEC's oil output target unchanged when producer countries gather next month.

Oil prices slide to 7-month low

NEW YORK (CNNMoney) -- Oil prices fell below $90 a barrel for the first time in seven months Wednesday as tumult in the eurozone, excess supply and positive news out of Iran weighed on prices.