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CARACAS, Venezuela -- Venezuelan and Russian officials have agreed to create a US$4 billion joint development bank to finance gas production, aluminum mining and other projects, Venezuela’s informat...

Geothermal electricity development is surging in Oregon at never-before-seen rates. The state Department of Geology and Mineral Industries has issued 15 drilling permits for geothermal electric gener...

CARACAS (Reuters) - Venezuela's increasingly bellicose President Hugo Chavez warned that he may put tanks on the streets if a former television star running for his Socialist Party loses a state elect...

KUALA LUMPUR, Nov. 10 (Xinhua) -- Vegetable oils forecast expert Thomas Mielke believes palm oil prices have bottomed out and expects sharp increases ahead, Malaysian media reported on Monday.

Oil industry chiefs said this week that plunging crude prices, the impact of the credit crunch and soaring costs could mean that billions of pounds of investment in the North Sea is under threat. O...

World oil prices were higher in Asian trade today after OPEC refused to rule out further output cuts and China announced a massive stimulus package aimed at boosting domestic spending. New York's mai...

(1 hr 55 mins ago) About 20 truck, taxi and minibus drivers staged a slow-drive protest in Tsing Yi against oil companies for their failure to adjust the retail prices of diesel in line with the glob...

World oil prices were higher in Asian trade today after OPEC refused to rule out further output cuts, dealers said. New York's main contract, light sweet crude for December delivery advanced $ 2.80...

SINGAPORE - World oil prices were higher in Asian trade Monday after OPEC refused to rule out further output cuts and China's massive stimulus package aimed at boosting domestic spending, dealers said...

London, Nov.10 : Texan billionaire Allen Stanford is in the middle of an international spying row.