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WASHINGTON -- The push to produce more energy from renewable sources has stalled, and “the average unit of energy produced today is basically as dirty as it was 20 years ago,” according to Maria van der Hoeven, executive director of the...
This post has been corrected. See below for details. The U.S. will become the world’s top producer of oil within five years, a net exporter of the fuel around 2030 and nearly self-sufficient in energy by 2035, according to a new report from the...
Iraq could overtake Russia as the world’s second-largest oil supplier behind Saudi Arabia by the 2030s, nearly tripling its current output, according to a report from the International Energy Agency. In what the Paris-based group calls a “...
In the 1970s, clothing shoppers were advised in a popular advertising jingle from the International Ladies' Garment Workers' Union to "look for the union label." In that same spirit, anyone shopping for an energy-efficient home today would be well-advised...
World NowLong before blackouts left more than 600 million people in the dark across India this week, analysts inside and outside the country had fretted over its beleaguered power system. The problems are manifold: India has ramped up capacity to generate power,...
World NowChina has fallen in line with Western efforts to cut back purchases of Iranian oil and will be spared economic punishment threatened under a new round of U.S. sanctions, Obama administration officials said this week....
Money & CompanyThe Paris-based International Energy Agency warned today that world governments are locking themselves into a potentially disastrous future that depends too much on fossil fuels. The message came as the IEA released its annual World Energy Outlook....
Money & CompanyCompanies that run the nation's vast system of oil refineries have accelerated their exports of processed fuels, particularly diesel, to foreign customers to new record highs, according to the U.S. Energy Department. Analysts say the trend has become a...
Money & CompanyWall Street is trying to make up its mind: Is the International Energy Agency's decision to release crude oil from reserves a good thing or a bad thing? Stocks are trading broadly lower for the session, despite what would otherwise......
Money & CompanyRenewable energy--in the form of solar power, wind, hydroelectric and other types--is the world's fastest growing energy resource....
Money & CompanyOil prices rose more than 3% Wednesday to close at their highest level since Nov. 11, driven by unexpectedly strong private sector job gains in the U.S. and a seven-month high in Chinese factory activity. Crude oil futures for January......
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