Shares in Asia were uneven on Friday as the big markets in Japan and Hong Kong got a lift from the rebound on Wall Street, but weak data dragged ... Read More
In Russia, even private companies serve at the pleasure of the president, particularly if they pump oil. A decade ago, Vladimir Putin’s allies had Mikhail Khodorkovsky jailed and seized ... Read More
Russian energy giant Gazprom is suing Ukraine’s state gas company Naftogaz for nearly $24 billion amid a long-running gas pricing dispute between the two countries, according to a report published on the Naftogaz website. ... Read More
Oil held below $60 in New York as a Chinese manufacturing gauge weakened in April, signaling fuel demand is slowing in the world’s biggest energy consumer. Futures in New ... Read More
Underlying replacement cost profit 20% down on year earlier, 15% higher than previous quarter Focus on rebalancing BP – resetting capital expenditure, managing cost, delivering divestments BP today reported ... Read More
Weak renewable energy goals for 2030 originated with Shell pitch for gas as a key technology for Europe to cut its carbon emissions in an affordable way Shell successfully ... Read More
Brent crude oil hit 2015 highs above $63 per barrel on Thursday after a rally of more than 5 percent the previous session and analysts said more price rises were likely ... Read More
EU officials are holding talks with a range of non-Russian suppliers and one day could buy gas from Iran, Europe’s climate and energy chief has said, setting aside a Gazprom warning that Europe should not ... Read More
Shale drillers will see production drop sooner than expected under a U.S. government forecast, a momentum change that hints at an eventual price rally. Just five months after Saudi ... Read More
Asian stocks rose Tuesday after Wall Street gained on a jump in crude prices and expectations the Federal Reserve will put off an interest rate hike until late in ... Read More
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