Energy (Legacy)

Warren Buffett’s Berkshire Hathaway quarterly profit jumps almost one third

Warren Buffett’s Berkshire Hathaway quarterly profit jumps almost one third

Published 27/02/2016

Warren Buffett's Berkshire Hathaway Inc on Saturday said fourth-quarter profit rose 32 percent, helped by improved results in its insurance operations and higher gains from [more…]

Oil prices fall as OPEC squabbles over output targets, crude stocks swell

Oil prices fall as OPEC squabbles over output targets, crude stocks swell

Published 24/02/2016

SINGAPORE Oil prices slid on Wednesday, extending sharp falls from the previous session after top exporter Saudi Arabia ruled out production cuts and industry data [more…]

Exclusive: New York asks SEC to force climate vote onto Exxon proxy

Exclusive: New York asks SEC to force climate vote onto Exxon proxy

Published 24/02/2016

HOUSTON New York state's comptroller and four other Exxon Mobil shareholders asked the U.S. Securities and Exchange Commission this week to force the oil producer [more…]

Asia’s oil markets in upheaval as China, India change the game

Asia’s oil markets in upheaval as China, India change the game

Published 24/02/2016

SINGAPORE/NEW DELHI Asia's oil markets are being upended as India's and China's refiners overtake once-dominant buyers like Japan and challenge the United States as the [more…]

Texas hospitals say they have developed rapid test for Zika

Texas hospitals say they have developed rapid test for Zika

Published 23/02/2016

AUSTIN, Texas Two major Texas health centers have developed what they are calling the country's first hospital-based, rapid test for the Zika virus that can [more…]

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…]