Energy (Legacy)

Oil falls to $60 on concerns about China slowdown

Oil falls to $60 on concerns about China slowdown

Published 14/01/2019

LONDON (Reuters) - Oil slipped to around $60 a barrel on Monday after data showed weakening imports and exports in China, the world’s second-largest oil [more…]

Newmont to become largest gold producer with $10 billion Goldcorp buy

Newmont to become largest gold producer with $10 billion Goldcorp buy

Published 14/01/2019

(Reuters) - Newmont Mining Corp said on Monday it would buy smaller rival Goldcorp Inc in a deal worth $10 billion, creating the world’s biggest [more…]

Brazil government nominates three new Petrobras board members amid…

Brazil government nominates three new Petrobras board members amid…

Published 14/01/2019

SAO PAULO (Reuters) - Brazil’s government on Monday nominated three new board members for state-owned oil company Petroleo Brasileiro SA (PETR4.SA) (Petrobras), amid accusations that [more…]

Russia has not promised Belarus help over oil tax overhaul: PM

Russia has not promised Belarus help over oil tax overhaul: PM

Published 14/01/2019

MOSCOW (Reuters) - Russian Prime Minister Dmitry Medvedev said on Monday that Moscow has never promised Belarus any help over losses incurred due to an [more…]

China’s State Grid to invest $5.7 billion into pumped hydro storage…

China’s State Grid to invest $5.7 billion into pumped hydro storage…

Published 09/01/2019

BEIJING (Reuters) - China’s State Grid Corp [STGRD.UL] will invest 38.7 billion yuan ($5.66 billion) to build five pumped hydro storage plants across the country, [more…]

Oil rises by over 1 percent on U.S., China trade talk optimism

Oil rises by over 1 percent on U.S., China trade talk optimism

Published 09/01/2019

SINGAPORE (Reuters) - Oil prices rose by around 1 percent on Wednesday, extending gains from the previous session on hopes that Washington and Beijing may [more…]

House Democrats to test Republicans on Trump’s wall demand

House Democrats to test Republicans on Trump’s wall demand

Published 09/01/2019

WASHINGTON (Reuters) - As a partial U.S. government shutdown neared the three-week mark, Democrats on Wednesday were set to test Republicans’ resolve in backing President [more…]

In Oval Office speech, Trump demands a wall but does not declare…

In Oval Office speech, Trump demands a wall but does not declare…

Published 09/01/2019

WASHINGTON (Reuters) - President Donald Trump urged Congress in a televised speech on Tuesday to give him $5.7 billion this year to help build a [more…]

Holy guacamole! Mexican fuel shortage threatens Super Bowl snack

Holy guacamole! Mexican fuel shortage threatens Super Bowl snack

Published 09/01/2019

MEXICO CITY (Reuters) - Super Bowl fans may have to go without guacamole this year if avocado farmers in Mexico cannot send their fruit to [more…]

Oil prices rebound but still weak due to oversupply

Oil prices rebound but still weak due to oversupply

Published 28/12/2018

LONDON (Reuters) - Oil prices rebounded on Friday, recovering slightly from heavy losses this week, but remained close to the lowest levels in over a [more…]