Energy (TRBC)

South Africa`s Zuma appoints new energy minister in cabinet reshuffle

South Africa`s Zuma appoints new energy minister in cabinet reshuffle

Published 17/10/2017

South African President Jacob Zuma has appointed minister of state security David Mahlobo as energy minister in a cabinet reshuffle, the presidency said on Tuesday. [more…]

Saudi Aramco asks FTI Consulting to halt IPO investor relations work: sources

Saudi Aramco asks FTI Consulting to halt IPO investor relations work: sources

Published 17/10/2017

State-owned Saudi Aramco has asked FTI Consulting (FCN.N) to suspend its investor relations advisory work related to the oil company's planned initial public offering, people familiar with the matter told Reuters. [more…]

Oil holds gains as Iraq, U.S.-Iran tension raises risks

Oil holds gains as Iraq, U.S.-Iran tension raises risks

Published 17/10/2017

Oil prices crept higher on Tuesday, holding on to gains made as fighting between Iraqi and Kurdish forces threatened supplies from northern Iraq while political tension rose between the United States and Iran. [more…]

Oil rallies on Chinese import boost and Mideast tensions

Oil rallies on Chinese import boost and Mideast tensions

Published 13/10/2017

Oil prices firmed on Friday as strong Chinese oil import data and turmoil in the Middle East boosted bulls in a market that has already shown signs of rebalancing after years of excess. [more…]

Oil up on lower U.S. rig count, expectation of ongoing Saudi output restraint

Oil up on lower U.S. rig count, expectation of ongoing Saudi output restraint

Published 09/10/2017

Oil prices edged up on Monday, after a 2 percent slide on Friday, as the number of rigs drilling for new oil in the United States dipped and on expectations that Saudi Arabia would continue to restrain its output to support the market. [more…]

German industrial output posts biggest surge since July 2011

German industrial output posts biggest surge since July 2011

Published 09/10/2017

German industrial production jumped more than expected in August, posting its biggest monthly increase in more than six years, data showed on Monday, in a further sign that Europe's biggest economy is set for solid growth in the third quarter. [more…]

Lin-Manuel Miranda, Latin stars sing for Puerto Rico relief

Lin-Manuel Miranda, Latin stars sing for Puerto Rico relief

Published 06/10/2017

Hamilton musical creator Lin-Manuel Miranda on Friday released a new song for hurricane relief charity efforts in Puerto Rico featuring many of the music industry's biggest Latin stars. [more…]

Oil markets wary as another tropical storm heads for Gulf of Mexico

Oil markets wary as another tropical storm heads for Gulf of Mexico

Published 06/10/2017

Oil markets were cautious on Friday as traders monitored a tropical storm heading for the Gulf of Mexico and as China remained closed for a week-long public holiday. [more…]

Split U.S. solar industry to debate tariffs at hearing

Split U.S. solar industry to debate tariffs at hearing

Published 03/10/2017

A fractured U.S. solar industry will present differing proposals on Tuesday to a government commission considering measures to prop up domestic solar panel makers, who say cheap imports have left them on the verge of collapse. [more…]

Tesla`s big battery races to keep South Australia`s lights on

Tesla`s big battery races to keep South Australia`s lights on

Published 29/09/2017

One year after the state of South Australia suffered a major blackout, the clock has started ticking for Tesla Inc to finish building the world's biggest battery to help keep the lights on in Australia's most wind-dependent state. [more…]