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Sunday, May 19, 2024

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Energy

Who is Iran’s Ebrahim Raisi: Key moments of his presidency

A helicopter carrying Iranian President Ebrahim Raisi made what state-run media called a “hard landing” in “adverse weather conditions” in the country’s East Azerbaijan province on Sunday. His...

What it really costs to renovate a $1 home in Italy

Buying a home in the Italian countryside for cheap comes with a catch...

At least 38 children rushed to hospital after lightning strikes camp site in Germany as 700 youngsters evacuated

AT LEAST 38 children have been rushed to the hospital after lightning struck...

Dominicans vote in general elections with eyes on crisis in neighboring Haiti

SANTO DOMINGO, Dominican Republic -- Voters in the Dominican Republic cast ballots Sunday...

Oil prices weak as demand seen sagging towards year-end

Crude oil prices remained weak on Monday as a slowing demand outlook implied oversupply will remain in place for months, prompting speculators to cut...

Governments shouldn’t count on low oil prices – IEA

Countries should not bank on oil prices remaining low when formulating their energy policies, as supplies could tighten from mid-2016 due to a drop...

Russia offers gas, oil swap deals to Iran

Russian Energy Minister Alexander Novak said on Friday Kremlin-controlled gas producer Gazprom has offered gas supplies to Iran under a swap arrangement, and similar...

Tata Steel, Britain offer more aid to steel town

Tata Steel will offer 3 million pounds ($4.62 million), to be matched by government, for job creation in Britain's Scunthorpe where its steel plant...

Oil prices climb on upbeat economic data, ECB stimulus moves

Oil prices extended gains into a second day in Asian trade on Friday, finding support from brighter economic data and a global stock market...

Freeport logs third-quarter loss after massive oil and gas write-down

U.S. copper miner Freeport-McMoRan (NYSE:FCX) was the second company to announce Thursday it has swung to a third-quarter loss after a massive write-down tied to...

This Oil Company May Have Committed Fraud- Bernie Sanders

Vermont senator and Democratic presidential candidate Bernie Sanders has asked the Justice Department to investigate whether ExxonMobil broke any laws by trying to sow...

Noble Energy’s midstream company has filed for an IPO

Noble Energy said Thursday it will take its midstream company public, as the beleaguered driller looks for new ways to fund the pipelines that...

Google is supporting yet another huge clean energy project in Africa

When the Lake Turkana Wind Farm opens in 2017—worth nearly $1 billion and boasting 365 wind turbines that will help generate approximately 15% of...

Investors eschew gold’s safe-haven role, leaving price low for longer

Die-hard gold bugs looking for the market's return to prominence are being confronted with a sobering truth; in the latter explosive phase of bullion's...

U.S. oil output slide looms as shale firms hit productivity wall

Stagnating rig productivity shows U.S. shale oil producers are running out of tricks to pump more with less in the face of crashing prices...

Tata Steel says may cut about 1,200 UK jobs in restructuring

Tata Steel, the biggest steelmaker in Britain, said on Tuesday that its planned restructuring is expected to lead to about 1,200 job losses. Tata plans...

Oil prices slip as China third-quarter GDP growth falls

Oil prices dipped on Monday as China's economic growth eased in the third quarter to grow at the slowest pace since the start of...

China mounts gold liquidity grab as London market reforms

As the London gold market enters its next phase of reform, a sense of urgency is key because competitors, including commodity consuming giant China,...

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