PARIS—President Barack Obama and Microsoft co-founder Bill Gates will launch a multi-billion-dollar initiative Monday to accelerate clean-energy research and development as part of a global effort to fight climate change. Continue Reading
Who is attending and what are they trying to achieve? About 40,000 ministers, officials, business executives, climate campaigners and journalists are expected to descend on the Le Bourget airfield convention Continue Reading
President Obama and more than 100 world leaders will convene with thousands of diplomats on Monday on the outskirts of Paris to open two weeks of intense negotiations aimed at Continue Reading
Photo Credit James Yang for The New York Times As of this October, the Earth had warmed by about 1.7 degrees Fahrenheit since 1880, when tracking began at a global Continue Reading
The oil complex settled lower in low-volume, post-holiday US trade Friday, led by prompt NYMEX crude and ULSD futures. NYMEX January crude settled $1.33 lower at $41.71/b, while December ULSD Continue Reading
The fires continue to burn in the oil sector. The longer that oil prices persist near cycle lows, the more likely it is that a wave of defaults from the Continue Reading
It looks to be a volatile final few weeks for crude oil prices. So far, the low for WTI oil prices in 2015 of $37.75 a barrel set in August Continue Reading
Oil prices fell Friday, pressured by a stronger dollar and growing pessimism that the global oversupply of crude remains strong. January crude closed down $1.33, or 3.1%, to $41.71 a Continue Reading
Macroeconomic concerns emerged as factors weighing on crude oil prices after tensions surrounding Middle East violence eased in Wednesday trading. Belgian security concerns following terror attacks in Lebanon, France, Mali Continue Reading
Iran is set to reveal the framework of oil and gas contracts to lure back international oil companies on Saturday. It is expected to offer more flexible terms on oil Continue Reading
