Energy (Legacy)

Russia’s Onexim denies talks to sell media, power generating assets

Russia’s Onexim denies talks to sell media, power generating assets

Published 24/04/2016

MOSCOW Russia's Onexim group, which manages the assets of tycoon Mikhail Prokhorov, said on Sunday that it was not in talks to sell its RBC [more…]

BHP CEO Mackenzie says Brexit would lead to lost decade of damaging uncertainty

BHP CEO Mackenzie says Brexit would lead to lost decade of damaging uncertainty

Published 18/04/2016

LONDON BHP Billiton (BHP.AX)(BLT.L) Chief Executive Andrew Mackenzie said on Monday that businesses could face a decade of damaging uncertainty if Britain voted to leave [more…]

Botched Doha deal undermines OPEC credibility, oil prices tumble

Botched Doha deal undermines OPEC credibility, oil prices tumble

Published 18/04/2016

SINGAPORE Oil prices tumbled on Monday after a meeting by major exporters in Qatar collapsed without an agreement to freeze output, leaving the credibility of [more…]

In need of cash, India chases $117 billion in elusive back taxes

In need of cash, India chases $117 billion in elusive back taxes

Published 17/04/2016

NEW DELHI India's finance ministry is asking for regular progress reports from tax collectors and has set a date for an amnesty to pay off [more…]

Saudi-Iran tensions scupper deal to freeze oil output

Saudi-Iran tensions scupper deal to freeze oil output

Published 17/04/2016

DOHA A deal to freeze oil output by OPEC and non-OPEC producers fell apart on Sunday after Saudi Arabia demanded that Iran join in despite [more…]

Ted Cruz wins Wyoming Republican presidential nominating contest

Ted Cruz wins Wyoming Republican presidential nominating contest

Published 17/04/2016

CASPER, Wyo. Republican U.S. presidential hopeful Ted Cruz won all 14 delegates at stake on Saturday in Wyoming, besting rival Donald Trump, who made little [more…]

Oil dips after analysts pour cold water on output freeze prospects

Oil dips after analysts pour cold water on output freeze prospects

Published 11/04/2016

SINGAPORE Crude prices dipped on Monday as analysts, including Goldman Sachs, poured cold water on the prospects of a planned oil producer meeting successfully reining [more…]

U.S. shale oil firms feel credit squeeze as banks grow cautious

U.S. shale oil firms feel credit squeeze as banks grow cautious

Published 11/04/2016

Nearly two years into an epic oil rout, U.S. shale drillers that have upended global energy markets are finally feeling a credit squeeze as banks [more…]

TransCanada restarts  Keystone pipeline at reduced pressure

TransCanada restarts Keystone pipeline at reduced pressure

Published 10/04/2016

TransCanada Corp (TRP.TO) on Sunday said it had restarted the 590,000- barrel-per-day Keystone crude pipeline at reduced pressure after it received American authorization to do [more…]

Average U.S. gas prices rose 8 cents in three weeks: Lundberg

Average U.S. gas prices rose 8 cents in three weeks: Lundberg

Published 10/04/2016

The average price of a gallon of gasoline in the United States gained 8 cents in the past three weeks, according to a survey released [more…]