Energy Industry

BP sees five-fold rise in Q4 earnings amid higher oil prices

Feb 6, 2018

BP says fourth-quarter earnings increased five-fold as oil prices rise

Rising oil prices help Shell more than double Q4 earnings

Feb 1, 2018

Energy giant Shell says its fourth-quarter earnings more than doubled as oil prices surged and the company benefited from prior cost cutting.

Oil producer BP makes 2 exploration discoveries in North Sea

Jan 31, 2018

Oil giant BP says it has made two new exploration discoveries in the North Sea _ discoveries that will add fuel to hopes of a revival in the declining oil basin

Shell, Barclays say US tax plan means billions in 4Q charges

Dec 27, 2017

Two major European companies, oil producer Shell and Barclays bank, say the U.S. tax reform law will force them to take big charges in the last quarter of the year

The kids are all right: 'Youthquake' is Oxford word of 2017

Dec 15, 2017

Oxford Dictionaries is recognizing the power of the millennial generation with its 2017 word of the year: youthquake

Global stocks weighed down by US tax uncertainty

Dec 1, 2017

Global stocks fell Friday as investors awaited Congressional developments over a big tax reform package. Oil prices surged however after the OPEC oil cartel extended productions cuts.

Markets brush off US tech sell-off; oil up ahead of OPEC

Nov 30, 2017

European stock markets proved robust Thursday despite the previous day's sell-off in U.S. tech stocks fell, with investors readying for a key OPEC meeting.

Oil price decline weighs on markets ahead of US tax vote

Nov 15, 2017

Global share prices fell sharply Wednesday as sinking oil prices weighed on oil producers and other energy stocks

Britain's cyber security chief warns of Russian interference

Nov 15, 2017

Britain's Cyber security chief is warning that Russian hackers are targeting telecoms, media and the UK energy network.

US oil and gas 'resurgence' expected as global demand grows

Nov 14, 2017

A global energy watchdog says it expects the U.S. to become the undisputed world leader in oil and gas production after a resurgence in its industry to meet growing demand over the next two decades

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