The German chemicals and pharmaceuticals sectors are projecting a drop in sales this year as falling oil prices weigh on chemicals prices, the VCI industry federation said Wednesday.
Since the 1970s, the renewable energy sector has usually trembled each time oil goes through the "bust" phase of the commodity cycle.
Supporters of the Keystone XL pipeline, which would run from Canada to the Gulf, say the privately funded, $8 billion project is a critically needed piece of infrastructure that will create thousands of jobs and make the ...
The recent plunge in fuel prices has been a welcome relief across the agricultural sector, helping ease the pain of low grain prices for growers and boosting profits for cattle ranchers.
The United Arab Emirates on Monday downplayed fears that the fall in oil prices could negatively impact the development of renewable energy projects.
The fall in oil prices poses a threat to global efforts to boost renewable energy use and lower carbon emissions, France's ecology and energy minister said Monday.
Falling oil prices could have a negative impact on global efforts to develop renewable energy sources, experts warned Saturday at a conference in Abu Dhabi.
Energy giant Repsol abandoned its controversial search for oil and gas off Spain's Canary Islands Friday, delighting locals and environmentalists but dashing Madrid's hopes that the project would ease its energy dependency.
The world burns enough oil-derived fuels to drain an Olympic-sized swimming pool four times every minute. Global consumption has never been higher—and is rising.
Tesla founder Elon Musk warned Tuesday that the fracking boom is a deep threat to the nascent electric car industry, because of its impact lowering gasoline prices.