Energy Industry

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

European stocks higher as Brent crude breaches $80 a barrel

May 17, 2018

European stocks brushed aside earlier losses in Asia

European stocks take a breather after strong rally

May 11, 2018

European stock markets eased slightly Friday after a strong rally saw many indexes strike multi-week highs.

Stocks advance as focus turns towards Fed decision

May 2, 2018

Shares in Europe advanced Wednesday as investors looked ahead to the latest policy meeting of the U.S. Federal Reserve and to China-U.S. trade talks later in the week.

BP gets Q1 boost from higher oil prices and more production

May 1, 2018

BP says first-quarter earnings surged 70 percent as the energy company profited from rising oil prices and increased production

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