Energy (Legacy)

Oil falls as oversupply still weighs on market

Oil falls as oversupply still weighs on market

Published 01/08/2016

LONDON Oil fell on Monday morning, reversing earlier gains, as increases in OPEC production and U.S. oil rig additions continued to weigh on the market.Brent [more…]

Iraq’s oil exports from south rose to 3.2 million bpd in July

Iraq’s oil exports from south rose to 3.2 million bpd in July

Published 01/08/2016

BASRA, Iraq Iraq's oil exports from its southern ports rose to 3.2 million barrels per day (bpd) on average in July, up from 3.175 million [more…]

BP sticks with major arts sponsorship despite profits slump

BP sticks with major arts sponsorship despite profits slump

Published 28/07/2016

LONDON BP has agreed to renew five-year sponsorship deals with several British cultural institutions, including the British Museum, just days after reporting a 45 percent [more…]

Oil prices dip on ongoing oversupply, economic headwinds

Oil prices dip on ongoing oversupply, economic headwinds

Published 25/07/2016

SINGAPORE/TOKYO Oil prices held near two-month lows on Monday amid worries that a global crude and refined product glut would weigh on markets for some [more…]

ASEAN breaks deadlock on South China Sea, Beijing thanks Cambodia for support

ASEAN breaks deadlock on South China Sea, Beijing thanks Cambodia for support

Published 25/07/2016

VIENTIANE Southeast Asian nations overcame days of deadlock on Monday when the Philippines dropped a request for their joint statement to mention a landmark legal [more…]

Solar plane takes off from Egypt on final leg of world tour

Solar plane takes off from Egypt on final leg of world tour

Published 24/07/2016

CAIRO An aircraft powered by solar energy left Egypt on Sunday on the last leg of the first ever fuel-free flight around the globe.Solar Impulse [more…]

North American oil deals trickle back after Brexit shock

North American oil deals trickle back after Brexit shock

Published 18/07/2016

NEW YORK Acquisition-hungry energy companies are back on the prowl.Dealmakers have recovered from the shock of Britain's "Brexit" vote last month to leave the European [more…]

Oil prices rise as market shrugs off Turkey coup bid

Oil prices rise as market shrugs off Turkey coup bid

Published 18/07/2016

SINGAPORE Oil prices rose in Asian trade on Monday, following gains last week, as traders shrugged off the impact of Friday's attempted coup in Turkey, [more…]

Crude prices trade little-changed after Turkey’s failed coup

Crude prices trade little-changed after Turkey’s failed coup

Published 17/07/2016

NEW YORK Oil prices were either side of unchanged on Sunday in early trade as the impact from Turkey's failed military coup was broadly expected [more…]

Solar plane lands in Egypt on penultimate leg of world tour

Solar plane lands in Egypt on penultimate leg of world tour

Published 13/07/2016

CAIRO An airplane powered by energy from the sun arrived on Wednesday in Egypt, the penultimate stop on the first fuel-free flight around the globe.

[more…]