Energy Industry

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

European markets get a boost from run of solid data

Jan 31, 2017

European stock markets eked out some modest gains Tuesday after encouraging economic figures boosted hopes that the region's recovery is gathering pace

Shell wins court ruling on Nigerian pollution claims

Jan 26, 2017

Royal Dutch Shell has won a victory before London's High Court in a case brought by Nigerian farmers and fishermen who claimed their lands were polluted by the company's actions

As Dow tries again to breach 20,000, global stocks buoyant

Jan 25, 2017

Global shares rose strongly Wednesday, building on Wall Street's overnight rally and hopes that the Dow Jones index will finally break through the 20,000 mark for the first time ever

Eurozone inflation spikes to highest in over 3 years

Jan 4, 2017

The deflation bugbear that the European Central Bank has battled for the past couple of years appears to have been seen off, at least for now

Chinese data gives stock markets early year shot in the arm

Jan 3, 2017

Global stocks advanced Tuesday, with U.S. markets set to ring in 2017 with gains, as upbeat Chinese and British factory data bolstered investor sentiment

Deutsche Bank relief helps European markets regain footing

Sep 28, 2016

European stock markets brushed aside a fairly mixed performance in Asia earlier Wednesday to post solid gains amid some relief over the financial future of Germany's largest bank, Deutsche Bank

European stocks falter amid Deutsche Bank, trade worries

Sep 27, 2016

European stocks faltered Tuesday as worriers over Deutsche Bank, a big decline in oil prices and a sharp downgrade in global trade predictions

Global stocks drop ahead of first US presidential debate

Sep 26, 2016

Stock markets around the world have fallen sharply Monday as investors turned their attention away from central bank policies to the U.S. presidential race ahead of the first televised debate between Hillary Clinton and Donald Trump

UK approves stalled Chinese-funded nuclear power plant deal

Sep 15, 2016

The British government on Thursday approved the construction of the country's first new nuclear power plant in more than two decades, a French and Chinese-backed project that had prompted high-level fears about national security

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