It's virtually certain that BP and other companies involved in the Gulf of Mexico oil spill will face criminal charges and civil penalties that could translate into hundreds of millions of dollars in fines.
President Barack Obama pressed Congress to scrap billions in oil company tax breaks and pass legislation to help nation kick a dangerous ?fossil fuel addiction.?
Researchers are planning to release more information from a massive, eight-year study of brain cancer deaths at jet engine manufacturer Pratt & Whitney.
VENICE, Louisiana (Reuters) - The latest plan to capture oil belching from a BP well into the Gulf of Mexico will work less well than originally hoped, the U.S. Coast Guard said on Thursday.
SAN FRANCISCO (Reuters) - Electric carmaker Tesla Motors said on Wednesday it does not expect the contentious divorce of its chief executive, Elon Musk, to affect its plans to list its shares and does not rely on him to provide further funding.
FCC chairman Julius Genachowski says deploying 4G wireless networks quickly is key to driving innovation and taking advantage of mobile broadband.
BERLIN (Reuters) - Germany's Bundesrat upper house of parliament is unlikely to pass cuts to solar incentives this week so a parliamentary mediation committee would be needed to resolve the matter, government sources told Reuters on Thursday.
LANXESS supplies color pigments for the spectacular outer shell of the Soccer City Stadium in Johannesburg
Natural history enthusiasts could help prevent the future extinction of many birds by reporting regular sightings of even the most common species, say scientists. The researchers explain that gathering data on birds that aren't currently at risk is just as important as collecting data on...
MUSCAT (Reuters) - Tropical Cyclone Phet roared toward the coast of Oman on Thursday and was expected to make landfall on Friday before heading toward the oil-exporting Gulf Arab state's LNG facilities.
VENICE, Louisiana (Reuters) - Robot submarines plying the dark, frigid depths of the Gulf of Mexico made halting progress in BP's latest bid to siphon off oil belching from its ruptured wellhead, but tar balls and other debris from the spill posed new threats to the region's...
TOKYO (Reuters) - General Electric and Japanese trading house Itochu Corp have agreed to cooperate on investment in large wind and other renewable energy projects, Itochu said, boosting Itochu's share price by nearly 5 percent.
SHANGHAI (Reuters) - China will spend at least 12 billion yuan ($1.76 billion) to subsidize smaller, fuel efficient cars by 2012, as part of broader plans to cut fuel emissions in the world's biggest auto market, the country's top economic planning agency said on Thursday.
VENICE, Louisiana (Reuters) - BP Plc overcame a snag in its latest effort to curb the Gulf of Mexico oil spill as the British energy giant's shares stabilized on Wednesday and parts of the huge oil slick crept near Florida.
WASHINGTON (Reuters) - A senior Republican in the Senate next week will propose energy and climate legislation that aims to cut emissions of planet-warming gases, but with far lower goals than President Barack Obama seeks.