Energy Industry

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

Royal Dutch Shell says 1Q earnings rose 67 percent

Apr 26, 2018

Energy company Royal Dutch Shell says 1st Q earnings rose 67 percent, boosted by a rebound in oil prices and growth in its natural gas business

4 Britons on pilgrimage in Saudi Arabia killed in bus crash

Apr 22, 2018

A British travel company says four Britons on pilgrimage in Saudi Arabia have died in a bus crash

UK is infused with Russian money, making a crackdown hard

Mar 20, 2018

As Prime Minister Theresa May rose in the House of Commons to announce sanctions against Russia for the nerve-agent attack on a former spy, investors across town in the City of London were piling into a 750 million euro bond sale by Gazprom

BP sees five-fold rise in Q4 earnings amid higher oil prices

Feb 6, 2018

BP says fourth-quarter earnings increased five-fold as oil prices rise

Rising oil prices help Shell more than double Q4 earnings

Feb 1, 2018

Energy giant Shell says its fourth-quarter earnings more than doubled as oil prices surged and the company benefited from prior cost cutting.

Oil producer BP makes 2 exploration discoveries in North Sea

Jan 31, 2018

Oil giant BP says it has made two new exploration discoveries in the North Sea _ discoveries that will add fuel to hopes of a revival in the declining oil basin

Shell, Barclays say US tax plan means billions in 4Q charges

Dec 27, 2017

Two major European companies, oil producer Shell and Barclays bank, say the U.S. tax reform law will force them to take big charges in the last quarter of the year

The kids are all right: 'Youthquake' is Oxford word of 2017

Dec 15, 2017

Oxford Dictionaries is recognizing the power of the millennial generation with its 2017 word of the year: youthquake

Global stocks weighed down by US tax uncertainty

Dec 1, 2017

Global stocks fell Friday as investors awaited Congressional developments over a big tax reform package. Oil prices surged however after the OPEC oil cartel extended productions cuts.

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