海角大神

Global emissions pause comes amid China's clean energy push

Why oil prices will inevitably rise

Analyzing the short-term trajectory of oil prices is certainly important, Cunningham writes, but it obscures the fact that over the long-term, oil exploration companies may struggle to bring new sources of supply online.

Africa's quiet solar revolution

The continent skipped land lines for mobile phones. Now a new generation of start-ups is trying to bring sun power to rural Africa 鈥� and leapfrog the fossil fuel era. 

Gas prices are plummeting. Should you buy an SUV?

A dramatic plunge in gas prices, combined with better gas mileage, has helped boost sales of larger vehicles in the US. But a decision to buy an SUV or truck based on low gas prices may be a shortsighted one. 

US energy policy review reveals US doesn鈥檛 have an energy policy

US oil and gas production have boomed, but the country still lacks a coherent energy strategy, according to an International Energy Agency review. The report credits the US for reducing greenhouse emissions, and encourages further investment in electricity infrastructure.

Low oil prices spur drive to scrap fuel subsidies

The last six months of plunging oil prices has given many developing countries a window of opportunity to scrap fuel subsidies. This move has attracted opposition from consumers but it could have significant benefits over the long-term.

Russian ruble falls against dollar even as oil prices inch up

A roundup of world business headlines on Monday, including the slide in value of the Russian currency.

How cheap oil changes the world

Consumers get lower heating bills and prices at the pump. Russia, Iran, and Venezuela face shrinking treasuries, while Saudi Arabia tries to still US drills. 

Oil prices at five-year low as IEA cuts demand forecast

Oil prices have plunged to a fresh five-year low after the International Energy Agency reduced its outlook for global oil demand. The benchmark New York oil price slipped further below $60 a barrel in early Friday trading.

Falling oil prices shake economies of Iraq, Russia

Tanking oil prices may force Iraq to delay its final Gulf War reparations payment to Kuwait. And oil's drop has weakened the ruble, which Russia's central bank intervened to prop up today.