BP Earnings Down 18% On Falling Oil Prices
October 28 2014 10:20 AM
The London-based energy giant says, however, that rising oil-and-gas production could offset those setbacks.
Indian Conglomerate Steps Up Work On $1.8B Vietnam Power Station
October 28 2014 12:18 AM
Prime Minister Nguyen Tan Dung met with officials of the Tata group during a two-day trip to India.
China Snaps Up Crude Oil As Prices Tumble
October 27 2014 10:34 AM
China's state-run oil firm has bought 18 million barrels of crude oil so far this month, traders say.
Goldman Slashes 2015 Oil Price Forecast
October 27 2014 5:02 AM
Goldman's projections contrast with those of oil analyst Paul Horsnell, known for having called the market's long rally a decade ago.
Climate Change Activists Seed The Ground For 2016
October 23 2014 9:11 AM
Politicians on both sides are trying to get voters excited about environmental issues — if not for the midterms, then for 2016.
Politico: We’re Not Shills For BP
October 22 2014 1:17 PM
Politico says an eyebrow-raising article written by a BP communications rep is a simple op-ed.
Venezuela Confirms It's Now Importing Oil
October 21 2014 11:15 AM
The country with the biggest oil reserves is importing light crude to grapple with falling domestic production.
Russia, Ukraine To Meet On Natural Gas Dispute
October 21 2014 11:08 AM
The deal aims to resume Russian gas flows to Ukraine after Moscow turned off the taps in June.
African Solar Plant Could Power Up Europe
October 20 2014 10:34 AM
The TuNur project would channel 2,000 megawatts of clean solar power into Europe.
Major Blaze At Didcot Power Station
October 19 2014 8:38 PM
No injuries have been reported and electricity supplies are unlikely to be affected.
Ukraine, Russia Agree On Interim Natural-Gas Pricing
October 18 2014 9:31 PM
Russia cut off gas supply to Ukraine in mid-June following more than two years of dispute on the price.
GE Earnings Beat Forecast
October 17 2014 9:49 AM
The company is reshaping its portfolio of businesses to grow its industrial segment and shed its finance and appliance businesses.
Clean, Limitless Fusion Power In 10 Years, Claims Lockheed Martin
October 16 2014 7:17 AM
Lockheed Martin said that its reactor would generate 10 million times more energy than the same amount of fossil fuels.
US To Stand Firm On Iran Nuclear Program Talks Deadline
October 15 2014 8:35 AM
Iran and the world's six nuclear powers held talks in July but extended the deadline to Nov. 24 after the meeting proved inconclusive.
Europe Could Save Up To $80B In Energy Imports
October 15 2014 7:56 AM
Energy imports for oil, natural gas and thermal coal cost the European Union around $500 billion in 2013.
Gasoline Prices Fall In Step With Crude Oil Price Drop
October 14 2014 11:03 PM
American consumers may have a bit more money to spend this holiday season if oil prices continue their slide.
IEA Revises World Oil Demand Growth Sharply Lower
October 14 2014 5:31 AM
Brent has fallen by over 20 percent since June, when turmoil in Iraq lifted prices to $116 per barrel.
Statoil Exits Shah Deniz With $2.25B Sale To Petronas
October 13 2014 2:48 AM
Statoil has been selling assets to protect margins eaten up by rising costs and, in recent weeks, falling oil prices.
China’s Energy Giant Approves ‘Power Of Siberia’ Design
October 10 2014 10:14 AM
Ten years in the making, the $400 billion project to bring natural gas from Russia to China will begin in 2015.
Venezuela Ordered To Pay Exxon Mobil $1.6B
October 10 2014 6:06 AM
The country's leftist government is facing over 20 claims from other companies related to the nationalization of key industries.