Global Energy Challenges
Photo

U.N. group agrees to aircraft standards to cut CO2 emissions

MONTREAL/WASHINGTON Global aviation experts agreed on Monday to the first emissions-reduction standards for aircraft in a deal that will take effect with new models in four years, but environmental groups said the carbon dioxide cuts did not go far enough.

Global Energy Video

Photo

Obama to seek new tax on oil in budget proposal

04 Feb 2016

WASHINGTON U.S. President Barack Obama will launch a long-shot bid next week to impose a $10-a-barrel tax on crude oil that would fund the overhaul of the nation's aging transportation infrastructure, the White House said on Thursday.

Oil market scoffs at Obama's plan for $10 tax per barrel

04 Feb 2016

NEW YORK President Barack Obama's surprise proposal on Thursday to charge a $10 a barrel fee on crude oil, equivalent to one-third the going price, drew a predictably swift response from traders and industry figures: Are you joking?

Photo

Democrats block U.S. energy bill in fight over Flint aid

04 Feb 2016

WASHINGTON Senate Democrats teamed up with some of their Republican counterparts on Thursday and blocked a wide-ranging U.S. energy bill in a fight over aid to Flint, Michigan, to help rectify its drinking water crisis.

Photo

Europe's shift to dark green forests stokes global warming-study

04 Feb 2016

OSLO An expansion of Europe's forests towards dark green conifers has stoked global warming, according to a study on Thursday at odds with a widespread view that planting more trees helps human efforts to slow rising temperatures.

L.A. prosecutors file criminal charges in methane leak near Los Angeles

02 Feb 2016

LOS ANGELES Los Angeles prosecutors filed criminal charges against the Southern California Gas company on Tuesday over a huge methane leak near the city that has forced thousands of residents from their homes since October.

XOM.N
CVX.N
SLB.N
Energy
Exxon Mobil Corp $81.16 +1.35%
Chevron Corp $85.99 +3.75%
Schlumberger NV $69.78 +1.41%

Commodities

Commodities Chart
LIGHT CRUDE CON1 30.49 +0.80 +2.69%
NATURAL GAS CON1 2.09 -0.05 -2.15%
100 OZ GOLD MAR4 1,190.30 -7.60 -0.63%
SILVER 5000 CON1 15.39 -0.03 -0.17%
HG COPPER CON1 2.09 +0.00 +0.07%
CORN CON1 361.00 -1.25 -0.35%