U.K. offshore wind developers should form alliances like oil companies battling plunging oil prices did in the past to cut costs by a third, a group including Alstom SA (ALO) and Siemens AG said. More »
OPEC ministers are coming into a meeting deeply divided over how much crude to pump, with Saudi Arabia keen to keep a lid on prices, rival Iran pushing to cut production and Iraq expected to back Iran, its longtime foe under Saddam Hussein. More »
The average price of domestic oil and gasoline will be less than previously forecast through the remainder of 2012 because of week demand and increasing world supplies, according to a government report. More »
Shares of A123 Systems jumped in early trading after the embattled electronic-car battery maker said that it had developed new lithium ion technology capable of operating in extreme heat or cold. More »
A former DOJ prosecutor explains that the government and BP are mostly likely trying to negotiate a pre-indictment resolution for possible criminal charges against the company, in which both the charges and a settlement amount would be announced at the same time.
Mitt Romney’s criticism of President Barack Obama for promoting green-energy subsidies may keep the former Massachusetts governor from boasting about his own contribution to his state’s expanding clean-energy industry. More »
Stephen Baldwin testified Monday that no one asked him to invest any capital or join Kevin Costner in lobbying BP to use oil cleanup devices that the two actors were touting in the aftermath of the 2010 spill in the Gulf of Mexico. More »
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