Oil & Gas

Obama’s Budget Might Include Revenue From Carbon Tax

By 2013, President Obama wants to reduce the government deficit to $533 billion, or half its current level. To accomplish this, he will, in part, lean ...

Total CEO Predicts Approach of Peak Oil

The CEO of Europe’s third largest energy group predicts the world will never be able to produce more than 89 million barrels of oil a day, ...

Bumpy Start For Oil Industry, Administration

Oil industry executives are encouraging the government to open more offshore regions to exploration and production. However, the new Interior Secretary, Ken Salazar, recently rejected a Bush ...

Shell Accused of Greenwashing, Again

Royal Dutch Shell has been accused of exaggerating environmental policies in the past, and a new ad they’ve recently released is once again causing the ...

Coal Plant Ditched for Gas and Wind.

Regulatory uncertainty and environmental lawsuits forced developers of the Highwood Generating Station to halt work on a controversial planned coal-fired generating plant, replacing it with one powered by natural gas and wind turbines, reports ...

Obama Fuel Ruling Headed For Compromise

President Obama's order to the Environmental Protection Agency to reconsider its earlier ban on Californian tough greenhouse gas emissions is likely to end in a compromise that automakers and environmentalists can live with, writes ...

EIA Releases ‘Annual Energy Outlook 2009′

The Energy Information Administration released their Annual Energy Outlook 2009, presenting a number of U.S. energy consumptions and production projections for the next few decades. Some ...

Lower Fuel Prices Hurt U.S. Hybrid Sales

Just last summer, high fuel prices were helping to drive consideration of hybrids. But as the prices of fuel tumble to about $2 a gallon, so is American's appetite for hybrid ...

Green Business 2008 – Environmental Leader’s Most Popular Stories

With 2008 just out the door, it's a good time to look back at the green business issues and news items popular with top sustainability executives. Here are Environmental Leader's top green business stories for ...

P&G Reduces Bill for Energy Conservers

Northern and central California energy customers are among the most energy-efficiency conscious in the US, said Pacific Gas and Electric Company (PG&E), which has started a program to reward them for their ...

ExxonMobil Fails to Comply With 2005 Court Ruling

ExxonMobil will fork over some $6.1 million as a penalty for its violation of the terms of a 2005 court order concerning the Clean Air Act agreement, announced the Department ...

RGGI Power Plant Emissions Down 16% in 2008

Total power plant emissions in 2008 are on track to be about 16 percent below the prescribed cap level in 2009, according to a report from Environment Northeast (pdf). Generation from ...

UK Companies Warn Govt. About Impending Oil Crisis

A recent report from the Industry Taskforce on Peak Oil and Energy Security, an industry lobby group which includes Virgin, Yahoo, Solarcentury and transport operator Stagecoach, warns the UK government that supplies of cheap, easily ...

Many Petroleum Execs Anticipate Rise of Alternatives

Half of the respondents interviewed for a Deloitte Oil & Gas industry study believe that the U.S. could run out of reasonably priced oil within the next 25 years, and a similar number - 56 ...

Fortuna Energy Turns To PA Wells As NY Debates Regulatory Issues

Oil prices have been failing and the economy is in a recession but Fortuna Energy is spending at least $160 million to develop infrastructure to drill up to 40 natural gas wells ...

Greenpeace: Certified ‘Sustainable Palm Oil’ Not Eco-Friendly

Greenpeace said the first shipload of palm oil certified as “sustainable oil” from United Plantations, does not meet the criteria set for an environmentally friendly product. Greenpeace says the company does ...

Want A Green Brand? Increase Your Green Ad Budget

For the second year, the U.S. Climate Brand Index is dominated by manufacturing and auto brands with big ad budgets, with GE retaining its top spot and Toyota retaining second place. Honda ...

Will Oil Price Decline Affect Green Movement?

As the price of oil drops below $70 a barrel from its peak around $140 in July, American energy consumers may be going back to their old ways. In October, New Energy Finance ...

Drop In Oil Prices Dulls Enthusiasm For Renewable Energy

As oil prices soared, investors looked into renewable energy. But now that oil prices have dropped below $70 a barrel, from $147 in July, the key rationale for investors to pump cash ...

Chevron Launches ‘I Will’ Campaign

Chevron Corp, launched a U.S.-based marketing campaign called “I Will” over the weekend. The campaign is designed to raise awareness of the importance of energy efficiency and conservation. The advertisements accompany Chevron's ...