Energy Industry

Global stocks soften on report of US jobs decline

Oct 6, 2017

Global stocks turn slightly lower after weak US jobs report distorted by hurricane damage

The Latest: US urges China to use oil leverage on NKorea

Sep 14, 2017

Secretary of State Rex Tillerson is urging China to use its leverage as North Korea supplier of oil to get the North to "reconsider" its development of nuclear weapons

European markets buoyed by ECB inaction; all eyes on Draghi

Sep 7, 2017

European stock markets and the euro remained firm Thursday as the European Central Bank kept policy unchanged and said in a statement that it stands read to provide the eurozone economy a further stimulus if needed.

Eurozone inflation picks up but remains below target

Aug 31, 2017

Official figures show that inflation across the 19-country eurozone spiked up to a four-month high of 1.5 percent largely because of higher energy costs

European stocks weighed down by euro as US assesses Harvey

Aug 28, 2017

World stocks are mostly lower as the euro's gains sent European shares lower and investors wait for damage assessments from the storm that battered Texas' refinery-rich Gulf Coast and sent gasoline futures spiking

Total expands in North Sea with purchase of Maersk Oil

Aug 21, 2017

French oil company Total is strengthening its position in the North Sea with the acquisition of Danish conglomerate AP Moller-Maersk's oil business for $7.45 billion

Korea tensions keep a lid on global markets

Aug 21, 2017

World stocks are mostly lower as joint U.S. and South Korean military drills keep markets on edge and investors await a key meeting of central bankers later this week

BP sees earnings slip as spill costs continue to weigh

Aug 1, 2017

Oil producer BP's second-quarter earnings slipped 5 percent as the Deepwater Horizon disaster continued to weigh on the company

UK government criticizes utility's gas price hike

Aug 1, 2017

The British government has expressed concern that major energy provider British Gas's plan to increase electricity prices will hurt low-income people with poor-value energy tariffs

Shell preparing for world economy that shifts away from oil

Jul 27, 2017

Royal Dutch Shell CEO says the company is working to remain one of the world's biggest energy suppliers even as major economies look past traditional sources like oil

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