Energy

Japan goes nuclear in bid to stay cool during Summer Olympics

Japan has rebooted extra power plants, including a long-dormant nuclear reactor, and taken other steps to avoid a power crisis…

4 years ago

Oil piles on losses following OPEC+ deal to boost supply, rising COVID cases

Oil slumped $5 a barrel on Monday, closing out its worst day since March, after an OPEC+ agreement to boost…

4 years ago

BP to take full control of Thorntons stores in U.S. retail push

July 13 (Reuters) - BP Plc (BP.L) said on Tuesday it would buy the majority share it does not already own in…

4 years ago

Shell unveils carbon capture project in Canada’s Alberta province

CALGARY, Alberta, July 13 (Reuters) - Royal Dutch Shell (RDSa.L) said on Tuesday it plans to build a large-scale carbon capture and…

4 years ago

Shipping industry seeks to combat dark oil transfers at sea

LONDON/MEXICO CITY, July 13 (Reuters) - Top oil shipping companies say they have tightened operational guidelines and deployed technology to…

4 years ago

Rio Tinto’s South African mineral sands project remains shut

JOHANNESBURG, July 12 (Reuters) - Rio Tinto (RIO.AX) on Monday said operations at its Richards Bay Minerals (RBM) project in South Africa,…

4 years ago

Troubled Caribbean refinery seeks bankruptcy as lenders balk at injecting more cash

July 12 (Reuters) - The owners of Limetree Bay, a Caribbean refinery that was once the largest in the Western…

4 years ago

In a tax dispute, Cairn Energy has the legal authority to take Indian assets!

As part of a long-running tax dispute, UK oil major Cairn Energy has been granted the authority to take Indian…

4 years ago

EXCLUSIVE Brazil’s Petrobras price hikes show company’s independence -CEO

Brazil President Jair Bolsonaro was not consulted or informed about state oil giant Petrobras' (PETR4.SA) decision this week to raise…

4 years ago

Analysis: OPEC disagreement lays bare growing UAE-Saudi economic rivalry

Rare public disagreement between the United Arab Emirates and Saudi Arabia over OPEC policy points to a growing economic rivalry…

4 years ago