Energy Industry

BP sees earnings slip as spill costs continue to weigh

Aug 1, 2017

Oil producer BP's second-quarter earnings slipped 5 percent as the Deepwater Horizon disaster continued to weigh on the company

UK government criticizes utility's gas price hike

Aug 1, 2017

The British government has expressed concern that major energy provider British Gas's plan to increase electricity prices will hurt low-income people with poor-value energy tariffs

Shell preparing for world economy that shifts away from oil

Jul 27, 2017

Royal Dutch Shell CEO says the company is working to remain one of the world's biggest energy suppliers even as major economies look past traditional sources like oil

Global stocks tepid after Wall Street record close

Jul 17, 2017

Major global stock markets are mixed after Wall Street indexes hit new highs and China reported unexpectedly strong economic growth

Investors bet Trump climate withdrawal to boost US drilling

Jun 2, 2017

The price of oil has fallen sharply as investors bet that President Donald Trump's decision to pull the United States out of the Paris climate agreement will increase the country's oil and gas production

Oil prices down sharply ahead of OPEC announcement

May 25, 2017

Oil prices were extremely volatile but trading sharply lower Thursday ahead of an expected announcement from the OPEC oil cartel

Markets brush aside China rating downgrade

May 24, 2017

Global stock markets traded in narrow ranges Wednesday, with investors brushing aside Moody's decision to cut China's debt rating

European markets push higher on strong economic news

May 23, 2017

Global shares mixed after Manchester explosion; oil prices fall back

Markets keep cyberattack and North Korea concerns in check

May 15, 2017

Financial markets on Monday brushed aside worries over the "WannaCry" ransomware cyberattack, with most stock indexes around the world trading in fairly narrow ranges.

The Latest: Researcher who helped halt cyberattack applauded

May 14, 2017

Cyber security officials in Britain applaud young researcher for helping halt global ransomware cyberattack

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