Energy

Oil firms amid supply worries, but heads for sharp weekly decline

Oil prices rose on Friday but were on track for their biggest weekly declines since November after see-sawing on fears…

4 years ago

Australia, South Africa miners eye options as Europe makes desperate calls

Australian and South African miners are exploring ways to supply coal and metals consumers in Europe scrambling for alternative sources…

4 years ago

Russia proposes nationalising foreign-owned factories that shut operations

A senior member of Russia's ruling party has proposed nationalising foreign-owned factories that shut down operations in the country over…

4 years ago

Oil falls towards $125 as investors weigh U.S. import ban

Oil slipped towards $125 a barrel in volatile trading on Wednesday as investors assessed the U.S. ban of Russian oil…

4 years ago

Analysis: Ukraine invasion sets back Musk’s dream for cheaper EVs, for now

Surging raw materials costs, made worse by Russia's invasion of Ukraine, could set back the dream of Tesla (TSLA.O) Chief Executive Elon…

4 years ago

U.S. gasoline prices soar to highest since 2008 on Russia conflict -AAA

U.S. gasoline prices at the pump jumped 11% over the past week to the highest since late July 2008 as…

4 years ago

As world scrambles for oil, Canadian producers reluctant to spend on growth

The world is scrambling for oil after Russia's invasion of Ukraine sent prices rocketing and upended global supply but producers…

4 years ago

Exclusive: U.S. utilities push White House not to sanction Russian uranium

The U.S. nuclear power industry is lobbying the White House to allow uranium imports from Russia to continue despite the…

4 years ago

Exxon to exit Russia, leaving $4 bln in assets, Sakhalin LNG project in doubt

Exxon Mobil (XOM.N) on Tuesday said it would exit Russia oil and gas operations that it has valued at more than $4…

4 years ago

Exclusive: Nord Stream 2 owner considers insolvency after sanctions

The Swiss-based company which built the Nord Stream 2 gas pipeline from Russia to Germany is considering filing for insolvency,…

4 years ago