Energy

Crude climbs, gasoline futures rise

New York -- Crude oil futures rose 26 cents Thursday to $61.81 a barrel, putting it up 1.2 percent for the year.

Venezuela buys private electric company

Caracas, Venezuela -- Venezuela bought a controlling stake Thursday in the country's largest private electricity provider, part of the government's widespread nationalization plan.

Oil falls 1 percent on U.S. supply reports

New York -- New York crude oil prices fell more than 1 percent Wednesday after a U.S. government report showed rises in crude and gasoline supplies.

Oil tops $62 a barrel after Nigeria attack

New York -- New York crude oil prices closed above $62 a barrel Tuesday after a militant group attacked three pipelines in Nigeria, Africa's biggest crude producer.

Oil closes below $61.50 a barrel

New York -- New York crude oil prices closed below $61.50 a barrel Monday in the sixth consecutive daily drop on rising U.S. crude inventories and refinery use.

Oil falls below $62 a barrel

New York -- New York crude oil prices fell below $62 a barrel Monday in the sixth consecutive daily drop on rising U.S. crude inventories and refinery use.

Crude oil prices drop below $62

NEW YORK -- Crude oil futures fell below $62 a barrel Friday, closing at $61.93 on the New York Merchantile, a drop of $1.26 or 2 percent.

Wind Farms useful but may kill birds and bats - Govt. Report

Wind farms, the massive arrays of giant windmills driving turbines, are becoming increasingly important means of generating electricity in the United States, but scientists are expressing worries that the large towers could harm wildlife.

Latin Nations suspending World Bank arbitration

Bolivia’s president on Sunday stated that both Bolivia and Venezuela should relinquish their ties with a World Bank body which arbitrates between foreign investors and states.

China issue: U.S. knocks WTO doors

U.S negotiations with China have ended in a stalemate. The U.S has now approached the World Trade Organization and complained against China over copyright and piracy issues.

“Gas OPEC”, an idea without practical implications

On 9th of April, the Gas Exporting Countries Forum (GECF) was to meet in Doha, Qatar, where fifteen nations have met to mutually discuss the possible collaboration in the export of natural gas. They w