Energy Industry

US strikes on Syria keep a lid on global stocks but gold up

Apr 7, 2017

Soft U.S. jobs data and the decision by President Donald Trump to authorize the firing of U.S. missiles into Syria weighed on global stock markets Friday

Less pressure to unwind eurozone stimulus as inflation eases

Mar 31, 2017

Inflation across the 19-country eurozone fell sharply in March due to softer underlying price increases partly related to the timing of Easter

Global stocks weighed down by crude oil slump

Mar 9, 2017

World stock markets fell Thursday after news of a big buildup in U.S. oil stockpiles depressed crude prices and shares of energy companies in particular

Shell sells interest in Canadian oil sands for $7.25 billion

Mar 9, 2017

Royal Dutch Shell has agreed to sell most of its interests in Canadian oil sands in two deals worth a net of $7.25 billion as the Anglo-Dutch company adjusts to a period of lower energy prices

Eurozone inflation above target for first time in 4 years

Mar 2, 2017

Inflation across the 19-country eurozone is running above the European Central Bank's target for the first time in four years, largely on the back of higher oil prices _ but don't expect any stimulus reverse from the ECB anytime soon

BP earnings disappoint as it cuts costs, investment

Feb 7, 2017

Oil giant BP earnings rose less than expected in the fourth quarter, as it sought to adapt to low energy prices with cost cuts, asset sales and a pullback in investment plans

Jitters over Trump keep weigh on global stock markets

Feb 2, 2017

Global stock markets were uneven Thursday as investors shied away from riskier assets amid renewed concerns over U.S. President Donald Trump's policies

Shell reports 4Q earnings rise 14 percent

Feb 2, 2017

Royal Dutch Shell says fourth-quarter earnings rose 14 percent as it made progress adjusting to an environment of lower oil prices

Upbeat Chinese manufacturing data buoys markets ahead of Fed

Feb 1, 2017

Solid Chinese manufacturing data helped shore up global stock markets on Tuesday ahead of the latest policy decision from the U.S. Federal Reserve

Shell sells stakes in 10 North Sea fields for $3.8 billion

Jan 31, 2017

Royal Dutch Shell agreed Tuesday to sell stakes in 10 North Sea oil fields to smaller rival Chrysaor for as much as $3.8 billion as it dumps assets to refocus its business in an era of lower oil prices

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