ConocoPhillips is exiting the oil exploration and production market in the U.K., the latest move by the company to refocus its portfolio. The company said Thursday it reached a deal Continue Reading
Climate activists blocked hundreds of employees from entering the headquarters of French bank Societe Generale, state-run utility EDF and oil giant Total on Friday, environmental group Greenpeace said. Greenpeace said Continue Reading
Foreign Minister Sergei Lavrov accused the United States on Friday of brazenly meddling in Russia’s Nord Stream 2 gas pipeline project. The Nord Stream 2 project, which aims to pump Continue Reading
Oil prices edged higher on Wednesday, supported by ongoing OPEC-led supply cuts and a surprise fall in U.S. crude inventories, although gains were capped by strong U.S. production. Brent crude Continue Reading
Crude oil prices inched higher after the Energy Information Administration today reported a 1.4-million-barrel crude draw, accompanied by a draw in gasoline stockpiles. These, according to the authority, shed 1.2 Continue Reading
Crude prices declined slightly on Wednesday as U.S. government data showed inventories drew down less than an industry report had suggested on Tuesday. Brent crude rallied to its highest level Continue Reading
A high-profile NASA temperature data set, which has pronounced the last five years the hottest on record and the globe a full degree Celsius warmer than in the late 1800s, Continue Reading
Since eastern strongman General Khalifa Haftar ordered his self-styled Libyan National Army (LNA) to march on Tripoli, almost 180 people have died and 800 others have been wounded in the Continue Reading
Egypt plans to slash fuel and electricity subsidies in its 2019/2020 financial year, the finance ministry’s draft budget shows, but raising fuel prices closer to international levels could turn out Continue Reading
Saudi Arabia’s oil giant Aramco is in “serious discussions” to buy up to 25 percent of the refining and petrochemicals businesses of India’s largest company, Reliance Industries, The Times of Continue Reading
