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  • DOHA, Qatar— French President Francois Hollande, seeking to strengthen political and business ties with the energy-rich Gulf states, held talks with the ruler of Qatar on Monday at the start of a two-nation trip that includes a visit to neighboring Saudi Arabia. The agreement, announced Thursday, makes Qatar the third overseas buyer of the delta-winged Rafale,...

  • April 30- Solar panel makers SunPower Corp and First Solar Inc reported a quarterly loss, compared with a year-earlier profit, as they sold fewer power plants ahead of a spinoff of some of their assets into a joint public entity. SunPower and First Solar said in February that they would spin off some of their power plants into a limited partnership called 8 point3...

  • IRVING, Texas— Exxon earned $4.94 billion in the first quarter, a huge sum but only about half of what the company made last year. It was the lowest first-quarter profit for Exxon Mobil Corp. in six years, although the results still beat Wall Street expectations. First-quarter profit also fell at BP PLC and France's Total SA.

  • PARIS— French energy giant Total SA said Tuesday that its net profit slid 20 percent in the first quarter despite a rise in production as slumping oil prices took their toll. The company said net profit for the quarter was $2.66 billion, down from $3.34 billion a year earlier. CEO Patrick Pouyanne said Total is "demonstrating its resilience and profiting from its...

  • Japan's Inpex wins stake in major UAE oil fields Monday, 27 Apr 2015 | 11:37 AM ET

    DUBAI, United Arab Emirates— Japan's Inpex Corp. on Monday won a stake in the development of major oil fields in the oil-rich emirate of Abu Dhabi, deepening the Asian nation's ties to the United Arab Emirates federation. The Abu Dhabi National Oil Co. said the deal gives Inpex's Japan Oil Development Co. Ltd. Division a 5- percent stake in the onshore concession...

  • The war crippling the world's biggest oil producer Friday, 24 Apr 2015 | 10:44 AM ET
    An employee looks out over the illuminated petroleum cracking complex at the Lukoil-Nizhegorodnefteorgsintez oil refinery, operated by OAO Lukoil, in Nizhny Novgorod, Russia.

    As tensions in the Ukraine rise, European sanctions are squeezing Russia's energy sector. Production is flat, and oil deliveries are down.

  • The low oil price CEOs think will last for years Tuesday, 21 Apr 2015 | 3:43 PM ET
    Gas prices

    Oil CEOs expect low oil prices to linger for at least a few years, due to a market flush with private financing and productive wells.

  • The world's most important oil producer is now ... Monday, 20 Apr 2015 | 9:52 AM ET
    An oil well in the Permian Basin is shown in Garden City, Texas, Feb. 5, 2015.

    US oil companies have quickly become the new swing factor in the oil market. How they react to the crash will be key to future oil prices.

  • UPDATE 1-SunPower, Apple to build solar projects in China Thursday, 16 Apr 2015 | 10:05 AM ET

    April 16- Solar panel maker SunPower Corp said it would partner with Apple Inc to build two solar power projects in China's Sichuan province with total capacity of 40 megawatts. The projects, when complete, will be co-owned by Apple and Sichuan Shengtian New Energy Development Co Ltd, SunPower's project development joint venture. SunPower and longstanding...

  • SYDNEY, April 14- Papua New Guinea's National Petroleum Company said it is looking to raise billions of dollars to help fund new oil and gas projects, as the South Pacific country battles a sharp slump in forecast revenue from a plunge in prices for the commodities. While prospects for new liquefied natural gas developments globally have been hammered by the...

  • Oil stocks surge on M&A, Europe closes flat Wednesday, 8 Apr 2015 | 11:34 AM ET

    European equities closed mostly lower on Wednesday, despite a surge in energy stocks after Royal Dutch Shell launched a bid for U.K.-listed BG Group.

  • Once a darling of emerging market investors, the slump in oil prices mean Nigeria’s economy is seen continuing to slow after this weekend’s elections.

  • BP CEO on oil: 'It's going to be very painful' Saturday, 14 Mar 2015 | 7:56 AM ET
    BP CEO Robert Dudley speaks during a plenary session at the 21st World Petroleum Congress in Moscow.

    The dramatic drop in oil prices is going to be very painful for the oil and gas industry, BP CEO Bob Dudley told CNBC Saturday.

  • 4 trades on the oil selloff, Brazil turmoil Friday, 13 Mar 2015 | 7:15 PM ET
    A Petrobas platform at the Brasfels shipyard in Angra dos Reis, about 115 miles west of Rio de Janeiro.

    Crude oil is plummeting, but some names are worth picking up on the weakness, "Fast Money" traders said.

  • 'Risky' places where investors are finding returns Friday, 6 Mar 2015 | 8:27 AM ET

    A new research report has shone light on the corners of the market that investors have flocked to in search some return.

  • Europe markets close lower as oil price falls Monday, 2 Mar 2015 | 11:34 AM ET

    European equities turned lower Monday as a fall in the price of oil once again hit investor sentiment.

  • CALGARY, Alberta, Feb 24- Cash flows from the Canadian oil sands will fall by $23 billion and turn negative in the next two years, energy consultancy Wood Mackenzie said in a report on Tuesday, as low crude prices make it less economical to extract tar-like bitumen from the sands. The oil sands of northern Alberta hold the world's third-largest proven crude...

  • CALGARY, Alberta, Feb 24- Oil sands cash flows will fall by $23 billion in the next two years, energy consultancy Wood Mackenzie said in a report on Tuesday, as low global petroleum prices make it less economical to extract bitumen from northern Alberta. Canada's oil sands hold the world's third-largest proven crude reserves after Saudi Arabia and Venezuela, but...

  • *SunPower Q4 adj profit of $0.26/ shares vs est. of $0.24. *SunPower, First Solar shares up on JV news. Feb 24- Shares of solar companies got a boost on Tuesday, a day after SunPower Corp and First Solar Inc said they were in talks to jointly spin off some assets, a move expected to generate stable cash flows for the long-standing rivals.

  • CALGARY, Alberta, Feb 24- Oil sands cash flows will fall by $21 billion in the next two years, energy consultancy Wood Mackenzie said in a report on Tuesday, as low global petroleum prices make it less economical to extract bitumen from northern Alberta. Canada's oil sands hold the world's third-largest proven crude reserves after Saudi Arabia and Venezuela, but...