Energy Industry

Washington has stood by Riyadh through multiple crises

Oct 16, 2018

What binds Washington and Riyadh so closely and why have previous perceived Saudi outrages not caused such ripples?

Fracking begins in UK for first time since 2011

Oct 15, 2018

Protesters have gathered near the site of a horizontal shale exploration well in Lancashire in northwestern England, as the energy firm Cuadrilla began the hydraulic fracturing process.

European stocks recover their poise on Italy relief

Oct 3, 2018

European stock markets edged higher Wednesday after the Italian government indicated that upcoming deficits will be lower than originally thought.

Trade concerns stalk markets as US and Canada head for talks

Sep 5, 2018

Global stock markets fell Wednesday as trade tensions resurfaced ahead of a resumption of talks between the United States and Canada on revamping the North American Free Trade Agreement.

BP gets Q2 boost from higher oil prices; earnings quadruple

Jul 31, 2018

Energy giant BP says it is increasing its dividend for the first time in almost four years after second-quarter earnings quadrupled on higher oil prices and streamlined production

BP scoops up BHP Billiton shale oil assets in US

Jul 27, 2018

Energy giant BP has scooped up BHP Billiton's U.S. shale oil and gas assets for $10.5 billion in a deal that will give it access to the fast-growing shale industry

Shell plans share buyback amid surging profits

Jul 26, 2018

Royal Dutch Shell says it plans to repurchase $25 billion of its stock over the next two years after announcing that second-quarter earnings rose 30 percent as energy prices surged

Skip the barbecue? Lack of CO2 hits EU beer, meat production

Jun 26, 2018

A shortage of carbon dioxide in Europe is hitting food processing companies, with Scotland's biggest pig meat producer set to run out of the gas on Tuesday next week

Eurozone inflation in big jump just as uncertainties mount

May 31, 2018

A jump in energy prices pushes inflation across the 19-country eurozone sharply higher, which could make the European Central Bank more willing to plot the end of its monetary stimulus program.

UK committee says dirty Russian money threatens security

May 21, 2018

The British Parliament's foreign affairs committee has slammed the government for "turning a blind eye" to the role London's financial center plays in laundering the proceeds of Russian corruption

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