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

S&P 500 ends higher after Fed Chair Powell lulls market

The S&P 500 ended with a gain after briefly hitting an intra-day record in a choppy session on Wednesday, as…

4 years ago

U.S. producer prices post biggest annual gain in more than 10-1/2 years

U.S. producer prices accelerated in June, leading to the largest annual increase in more than 10-1/2 years, suggesting inflation could…

4 years ago

U.S. oil mergers surge as energy, share prices recover from pandemic

U.S. oil and gas mergers surged last quarter with the most $1 billion plus combinations since 2014, according to data…

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

EXCLUSIVE Shell plans to exit California joint venture with Exxon Mobil -sources

Royal Dutch Shell Plc (RDSa.L) plans to leave Aera, its California-based oil and gas-producing joint venture with Exxon Mobil Corp…

4 years ago

China solar association says Xinjiang forced labour claims unfounded

Claims that Chinese solar firms are benefiting from forced labour in Xinjiang are unfounded and unfairly stigmatise firms with operations…

4 years ago

Exxon lobbyist duped by Greenpeace says climate policy was a ploy, CEO condemns statements

A lobbyist for Exxon Mobil Corp (XOM.N) said the company supports a carbon tax publicly because the plan to curb…

4 years ago