Energy Industry

Oil prices spike further after US move on Iran buyers

Apr 23, 2019

Oil prices spiked Tuesday to their highest levels since October on supply fears, after the Trump administration said it would soon impose sanctions on all buyers of Iranian oil.

Western banks help Saudis raise $12 billion in bonds

Apr 10, 2019

Saud Arabia's oil company has raised $12 billion in a bond issue that shows Western investors are keen to do business with the kingdom despite the scandal over the killing of a dissident journalist.

UK inflation below official target for first time in 2 years

Feb 13, 2019

Official figures show that consumer price inflation in Britain has fallen below the Bank of England's target of 2 percent for the first time in two years

BP gets lift from higher oil prices and increased production

Feb 5, 2019

BP says fourth-quarter earnings jumped 65 percent as the London-based energy company rode the wave of higher oil prices and increased production

BP backs shareholder initiative on climate plan disclosure

Feb 1, 2019

Energy giant BP plans to release more information about how new energy exploration and production projects would affect its pledge to reduce greenhouse gas emissions

Shell earnings rise on the back of higher oil prices

Jan 31, 2019

Anglo Dutch energy giant Shell says fourth-quarter earnings rose 32 percent as the company took advantage of higher oil prices following years of streamlining operations

Work on UK nuclear power plant halted over financing impasse

Jan 17, 2019

Work on a major new nuclear power station in Britain has been suspended after the contracted developer, Japan's Hitachi, said it had been unable to agree on financing

Stock market rally fades as US-China trade talks wrap up

Jan 10, 2019

World markets fall after China-US trade talks end without major breakthroughs

Eurozone concerns mount as inflation dips and economy slows

Jan 4, 2019

Further signs of a cooldown in the eurozone economy have emerged that will likely weigh on expectations of an interest rate hike from the European Central Bank this year.

World markets in ascendant ahead of Fed's rate decision

Dec 19, 2018

World markets mostly higher ahead of Fed's rate decision

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