Banks financed much of the US oil boom and are now faced with significant challenges as drillers run short of cash. Major, multinational banks are relatively insulated from any shocks, but smaller, regional banks – especially in Texas and North Dakota – are facing a much bigger problem.
Like any event its size, the Super Bowl requires a huge amount of power. But with LED lights, energy-efficient stadiums, and renewables, the National Football League is trying to rein in its carbon footprint.
The recent fall in oil prices may be dramatic, but don't count on oil staying cheap forever, says Adam Sieminski, head of the US Energy Information Administration. Predicting exactly where prices will go from here is not unlike trying to predict the weather, Mr. Sieminski said at a Monitor event.
As blizzard conditions bear down on the Northeast, Marty Durbin, President and CEO of America’s Natural Gas Alliance, offers a look at the shale gas revolution that is transforming the US economy, enabling record emissions reductions and fueling our nation’s emergence as the world’s leading producer of natural gas.
Saudi Arabia's new king pledges no change in oil policy; Republicans and Democrats vote on climate change; Germany's Energiewende has a big year. Catch up on global energy with Recharge.
The passing of Saudi Arabia's King Abdullah caused a brief spike in oil prices, but his successor, Crown Prince Salman, has pledged continuity in energy policy. Broader security issues could roil oil markets down the road.
It's two years until the 2016 presidential race, but debate over the Keystone XL pipeline is pushing some GOP presidential hopefuls to go on the record about an issue they might rather not discuss: climate change.
Despite a steep decline in oil prices and violence that descended upon Iraq last year, the country is producing oil at record levels.
Spanish oil giant, Repsol, has decided to cancel its highly controversial oil drilling project near the Canary Islands. It comes after a decade conducting tests and amid local protests.