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.
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