The downing of MH17 and tougher sanctions against Russia are pushing multinational energy companies to take a fresh look at the results of the crisis.» Read More
Helped by strong government support, plentiful labour and an abundant supply of raw materials like steel, China could become a major offshore oil equipment manufacturing hub in less than 10 years, industry executives say, just like Singapore and South Korea overtook the United States and Europe in the 1990 s.
RIO DE JANEIRO, April 11- The purchase of a Texas oil refinery by Brazil's state-run oil company has become a campaign issue as opponents of President Dilma Rousseff use it to attack her reputation as a no-nonsense manager and weaken her lead ahead of the October election.
The unfolding crisis in Ukraine, which is locked in dispute with gas giant Gazprom, is of “utmost importance” to the world’s natural gas market, says the head of the International Gas Union.
European stock markets closed mixed on Thursday.
*Russia's gas supply relation to Europe would not easily break down. GOYANG, South Korea, March 24- Tension between Russia and the West may spur the U.S. to speed up approvals for more projects to export gas, said the head of a UK- based unit of France's Total group, as Europe looks for other sources of fuel supply.
March 10- SunPower Corp will launch the first tranche of its bonds backed by solar assets in the second half of the year, Chief Executive Thomas Werner told Reuters. SunPower's plan to launch notes backed by leases associated with its solar projects comes after SolarCity Corp became the first company to offer solar securities last year.
Libya's domestic disorder is undermining oil production and removing a source of high-quality oil blends for aging European refineries.
European stocks closed higher on Wednesday as investors around the globe cheered strong Chinese export data and a U.S. debt deal.
French oil company Total posted a 19 percent drop in fourth-quarter adjusted net profit to 2.47 billion euros ($3.38 billion).
Negotiations over the U.S. debt ceiling are still one of the biggest risks facing the world, according to Yahoo CEO Marissa Mayer.
Crude oil futures tumbled, on signals that output from Libya may be starting to recover and concerns over debt in China.
Crude oil futures slipped in light volume, as traders booked profits after three days of gains ahead of Christmas.
Bulls face a trio of challenges: The Fed, earnings from some big names and delayed data due to the shutdown. Will they keep running or lie down?
European shares closed lower on Monday as tensions over Syria and monetary policy continued to dominate the agenda.
According to the French oil and gas company, Total, the decision has nothing to do with tax avoidance but to be closer to the City of London where oil is traded. Stephane Pedrazzi has more from Paris.
French oil major Total plans to move its corporate treasury department to London to get closer to analysts and raise its profile with investors, a spokesman said.
European shares closed down on Friday, ending the week with a slight loss, after a choppy trading session which saw Rolls Royce and Daimler drag European bourses lower following analyst downgrades.
Earnings season officially kicked off today, and a number of negative preannouncements from S&P 500 companies could mean ugly results.
Statoil said last week it was forming a special operations division to handle emergency operations in response to a terrorist attack on a natural gas facility in Algeria.
The emir of Qatar, Sheikh Hamad bin Khalifa al-Thani, 61, informed members of the ruling family on Monday of his decision to hand power to Crown Prince Sheikh Tamim, the Qatari-owned television channel Al Jazeera said.