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Oil prices surged above $75 a barrel Wednesday for the first time this year as the dollar remained weak and investors bet that global energy demand is poised to recover. Crude for November delivery was up 73 cents to $74.88 a barrel. Oil topped $75.15...
WASHINGTON, D.C. - The federal government's top ocean scientists are recommending the Interior Department drastically reduce plans to open the coast to offshore oil and gas drilling. The National Oceanic and Atmospheric Administration opposes new...
Tags: drilling, oil, environment, ocean
ISLAMABAD — Pakistan imports the lion’s share of edible oil from Malaysia, around 1.3 million tonnes, in the form of palm oil, to meet domestic demand, said Nasir Ibrahim, a senior member of the Pakistan Vanaspati (edible oil) Manufacturers...
A powerful earthquake struck off the city of Padang on Indonesia's Sumatra island on Wednesday, killing at least 75 people and trapping thousands under rubble, officials said. The death toll was likely to rise further as many buildings, including hotels,...
Tags: indonesia, earthquake, fields, damage, sumatra, natural, oil, children
Chinese state oil companies began selling gasoline to Iran this month and now provide 30,000 to 40,000 barrels a day, or as much as a third of the country's imports. The development comes despite US-led attempts to block gas shipments to Iran, which...
Tags: Barack Obama, China, Iran, oil, sanctions, Hu Jintao, gasoline, Chinese imports, Beijing, Ahmedinijad
Washington, DC - On Tuesday the Obama administration made official the agreement reached with car manufacturers last spring, to increase fuel economy standards and decrease global warming pollution nationwide. President Obama ordered the Environmental...
Tags: Obama, EPA, National Highway Traffic Safety, cars, global warming, pollution, California, agreement, oil
Oil prices held above $72 a barrel Thursday in Asia amid signs the U.S. economy, the world's largest consumer of crude, has stopped shrinking.Benchmark crude for October delivery was down 35 cents to $72.16 a barrel at midday Singapore time in electronic...
Tags: oil
LONDON — Oil traded just above $71 a barrel Wednesday as investors weighed a weakening dollar — which supports commodity prices — against a rise in crude supplies, which suggests demand remains weak.Benchmark crude for October delivery...
Tags: oil
We seem to hear a lot about biodiesel on two occasions: when gas prices are high, and during election years when politicians are courting ethanol- and biofuel-producing states. What many people don’t realize is that biodiesel...
Tags: biodiesel, diesel, soy, algae, green, environment, biofuel, ethanol, oil, fossil fuel
When Canadian Prime Minister Stephen Harper meets with President Obama this week, the economy is predicted to dominate the discussion. However, both heads of state are facing increased pressure to address another issue: cooperation between Canada...
Tags: Barack Obama, Stephen Harper, Canada, US, Clipper pipeline, tar sands, Rainforest Action Network, Greenpeace, Niagara Falls, oil, protest