German chemicals sector sees falling sales in 2015

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.

FACT CHECK: Both sides in Keystone XL debate bend facts

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 ...

Repsol scraps oil probe off Canaries tourist islands

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.

Tesla's Musk: fracking threatens electric cars

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.

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