Northwest Peabody Energy, the largest private coal company in the world, is one of the last remaining coal majors to still be floating above the bankruptcy tidal-wave that has hit Continue Reading
The Obama administration is expected to announce its first step toward regulating methane emissions from hundreds of thousands of oil and natural gas wells across the U.S., a move likely Continue Reading
Twitter deleted posts that included market-sensitive data from a U.S. oil-industry group after the group complained, roiling the tight-knit energy-trading community on the social network. The American Petroleum Institute recently Continue Reading
There are those who will tell you that this is a bad time to be running a big oil company. John Watson, chief executive of Chevron, is not among them. Continue Reading
Russia’s ruble rose with oil, extending the biggest monthly gain in global markets and boosting speculation the Bank of Russia will resume cutting interest rates. The currency added 0.5 percent Continue Reading
Siemens AG said on Wednesday it would cut about 2,500 jobs at its Process Industries and Drives division, most of them in Germany, in response to intense competition in the Continue Reading
Oil production in Russia will inevitably decline by 2035 according to an Energy Ministry report seen by the Vedomosti business daily. The different scenarios predict an output drop from 1.2 Continue Reading
Moody’s is withdrawing from the Russian domestic market as global rating agencies are caught in a dilemma between new Russian laws and western sanctions. Moody’s said on Wednesday that it Continue Reading
Crude-oil prices reversed their downward trend in early afternoon Asia trading Wednesday, as investors hunt for bargains following the overnight decline. Prices in Asia opened lower but regained traction in Continue Reading
The world’s biggest oil exporters both in and outside the Organization of the Petroleum Exporting Countries plan to meet in Moscow on March 20 to discuss an output freeze, an Continue Reading
