The latest US and EU sanctions on Russia and Rosneft could hurt Russia and Rosneft financially. Meanwhile, the landmark Yukos ruling will cost the world's largest publicly traded oil company tens of billions of dollars.
New energy extraction methods are touted as an answer to high oil prices, Cobb writes, but they more closely resemble emergency measures designed to forestall an inevitable decline in the world's fossil fuel resources.
What would a world powered by solar energy alone look like? According to one study, it would need to be enough solar panels to fill an area about the size of West Virginia.
A new White House climate change report warns of the economic costs of delaying action on global warming. It comes as the EPA begins public hearings on controversial power plant regulations aimed at curbing climate change.
Although US oil production has increased to 16.8 million barrels of crude per day, gas prices are projected to stay static in the near future. The volume of oil may be high, but experts say the growth of overall global demand is just as high, if not higher.
A judge struck down a fracking ban in Longmont, Colo. Thursday – a victory for oil and gas companies, and a blow to environmentalists trying to halt fracking at the local level. As more and more cities and towns mull fracking bans, courts are weighing in with decisions that vary widely by state.
Today's lithium-ion batteries may be too big for future electronics. A startup in California has developed paper-thin, flexible batteries that could be used in smart phones and other gadgets of the future.