In the last two years, US oil consumption has fallen some 9%, down nearly 2 million barrels per day (mbpd) from 20.7 mbpd in mid 2007, to about 18.8 mbpd in October 2009. The comedown has been painful, marked by

BAGHDAD — More than six and a half years after the United States-led invasion here that many believed was about oil, the major oil companies are finally gaining access to Iraq’s petroleum reserves. But they are doing so at far

As the keynote speaker at the Singapore Energy Lecture, Dr. Daniel Yergin was toeing his usual line of optimism on the subject of oil and energy. As the Founder and Chairman of Cambridge Energy Research Associate (CERA), Dr. Yergin has

Bloomberg) -- The Organization of Petroleum Exporting Countries increased crude-oil production in November to the highest level in 11 months as members took advantage of rising prices, a Bloomberg News survey showed.Output averaged 28.9 million barrels a day last month,

NAIROBI, Kenya—Using flares and hoses, the crew of a Greek oil tanker fought off a pirate attack Tuesday in the Arabian Sea two days after brigands seized a tanker bound for the United States with $20 million of crude oil.Pirates

With little more than a week left before the 15th Congress of the United Nations Framework Convention on Climate Change (UNFCCC) convenes in Copenhagen, and following months of increasing doubt that international agreement can be realized on a binding emissions

Wouldn't it be ironic if hydrogen's role in future transportation is not derived from its use in a fuel cell but rather, in a battery. If a recent press release is to be believed then the forthcoming YESS battery (that's

You’ve seen the before-and-after pictures, like a Vegas slug of glass rising in the desert. And, you’ve read the stories about indebted foreign workers leaving their Range Rovers behind, as they flee. Perhaps you’ve seen video of the indoor ski

Prominent climate scientist James Hansen on Monday dismissed President Barack Obama's recent pledge that the United States would cut its carbon dioxide emissions as "completely ineffectual."Hansen said Congress, which is considering a cap-and-trade bill to lower greenhouse gas emissions, and

In the film, 'The Day After Tomorrow' the world enters the icy grip of a new glacial period within the space of just a few weeks. Now new research shows that this scenario may not be so far from the