Energy (Legacy)

Crude oil slips as Saudi, Venezuela meeting yields little

Crude oil slips as Saudi, Venezuela meeting yields little

Published 08/02/2016

LONDON Crude oil prices eased in thin trade on Monday as a meeting between OPEC producers Saudi Arabia and Venezuela showed little indication that steps [more…]

U.N. agency seeks to end rift on new aircraft emission rules

U.N. agency seeks to end rift on new aircraft emission rules

Published 08/02/2016

MONTREAL/WASHINGTON Europe and the United States tried to bridge differences over emissions standards for aircraft on Sunday as global aviation leaders prepared to adopt new [more…]

Japan’s Tepco works hard to pull out from government control

Japan’s Tepco works hard to pull out from government control

Published 07/02/2016

TOKYO The Japanese government fund may reduce its stake in Tokyo Electric Power Co to below 50 percent in 2017 if the company achieves its [more…]

Prolonged oil slump sparks second wave of cuts to 2016 budgets

Prolonged oil slump sparks second wave of cuts to 2016 budgets

Published 07/02/2016

Less than two months into the year, the top U.S. shale oil companies have already cut their budget for 2016 a second time as the [more…]

Oil prices slip on weak Asian data, fading prospect of output cut

Oil prices slip on weak Asian data, fading prospect of output cut

Published 01/02/2016

SINGAPORE Oil prices fell on Monday after China and South Korea posted weak economic data, while fading prospects for a coordinated output cut by leading [more…]

Oil falls as rising inventories wipe out optimism over supply

Oil falls as rising inventories wipe out optimism over supply

Published 27/01/2016

LONDON Oil futures fell on Wednesday, after a surprise rise in U.S. inventories wiped out the optimism that had built up the day before over [more…]

Oil bounces on strong China demand data, but looming Iran exports still weigh on market

Oil bounces on strong China demand data, but looming Iran exports still weigh on market

Published 19/01/2016

SINGAPORE Oil prices rebounded on Tuesday, supported by strong Chinese fuel consumption and at least interrupting a slide to 2003 levels earlier in the week [more…]

Petronas to cut spending by $11.41 billion over four years: source

Petronas to cut spending by $11.41 billion over four years: source

Published 19/01/2016

KUALA LUMPUR Petroliam Nasional Bhd (Petronas) [PETR.UL] is planning to slash spending by as much as 50 billion ringgit ($11.41 billion) over the next four [more…]

Oil prices fall for sixth day as recovery hopes wane

Oil prices fall for sixth day as recovery hopes wane

Published 11/01/2016

LONDON Oil prices fell for a sixth session to trade at almost 12-year lows on Monday as concerns about China's economic slowdown, reflected in a [more…]

Back to school for children displaced by Los Angeles-area gas leak

Back to school for children displaced by Los Angeles-area gas leak

Published 11/01/2016

LOS ANGELES In the latest disruption from the biggest methane gas leak in California history, nearly 2,000 Los Angeles children returning to class this week [more…]