Shell’s profits hit by rising costs
Royal Dutch Shell Plc, Europe’s biggest oil company, said first-quarter earnings dropped 3% as production declined and costs rose.
Exxon Mobil’s Arctic dream may risk running aground over Ukraine politics
Exxon Mobil Corp.’s dream of drilling in the Russian Arctic may risk running aground on the politics of Ukraine.
Indonesia’s energy chief jailed for accepting bribes
Indonesia’s corruption court sentenced Rudi Rubiandini, the head of the country’s energy regulator, to seven years in jail for accepting more than $1.5 million in bribes.
Canada’s Suncor benefits from lengthy crude transport
Canada's largest oil producer has reported record profits in the first quarter of this year as it benefited from the long transport of crude from the country's landlocked province of Alberta to US and Canadian coasts.
Video: Solar Wind Energy Tower wins approval to build tallest structure in North Amercia
Solar Wind Energy Tower Inc. won approval from an Arizona city to develop a $1.5 billion project that would use ambient desert heat to create a draft to generate electricity, in a concrete colossus that would be the tallest structure in North America.
Siemens could spoil GE bid
General Electric Co. chief executive Jeffrey Immelt may be moving closer to pulling off his largest-ever acquisition, even after French officials over the weekend urged Alstom SA to consider a rival offer from Germany’s Siemens AG.
World Cup blackout fears spur liquefied natural gas spending spree
World Cup blackout spurs liquefied natural gas spending spree in Brazil
Baker Hughes to break industry practice and disclose fracking chemicals
Baker Hughes Inc is breaking with industry practice in saying it will disclose all the chemicals it uses for hydraulic fracturing.
Ukraine to import from Europe after $11.4bn Russian bill
Ukraine is seeking to import more natural gas from Europe via Slovakia as Russia slaps it with an extra $11.4 billion gas bill and violent clashes with pro- Russian forces in the country’s east escalate.
Honghua Group sets sights on anticipated China shale boom
Honghua Group, a Chinese drilling- equipment maker that gets most of its business from overseas, is seeking to expand at home as the nation works to spark its own shale gas revolution.
China’s biggest oil and gas producer posts declining figures
PetroChina Co., the country’s biggest oil and gas producer, posted a 4.9 percent decline in first-quarter profit as lower oil prices eroded earnings.
Technip surges on back of North Sea and Kaombo
Oilfield services group Technip rose to the highest level in almost six months after saying it has received major contracts from oil companies even as industry spending slows.
GE linked with £7.7bn bid for Alstom
GE could be set to snap up French energy firm Alstom in a £7.75billion deal in their largest ever acquisition, people with knowledge of the matter said.
Kashagan could remain shut until late 2015, warns Total
Kazakhstan’s largest oilfield looks set to not produce any output this year as investigations into a leak that has kept the facility shut down continue.
Cnooc boosted by sales hike
Chinese oil giant Cnooc has been given a boost after recording a 7.7% increase in first quarter sales.
Exxon loses its pay-out appeal
The U.S. Supreme Court rejected Exxon Mobil Corp.’s appeal of a £63m jury verdict it was ordered to pay for contaminating underground water in New York City with a gasoline additive.
Ukraine boosts natural gas imports following Russian warning
Ukraine has boosted its natural-gas imports from Russia after prepayment warnings were made.
13 dead after second Chinese mine disaster in a month
Thirteen people have been killed after a coal mine explosion in Qujing in China’s southern province of Yunnan - the second deadly colliery accident in the city this month.
Fate of key oil pipeline lies in hands of judges as Keystone XL battle hots up
The focus of the Keystone XL debate has shifted from a fierce lobbying war in Washington to Nebraska, where the state Supreme Court has been asked to weigh a legal challenge to the pipeline.
Ukraine looks to renewables to end Russian energy crisis
Ukrainian officials say they have found a way to protect the nation from Russia: Go green.
South Sudan oil remains safe from rebels, insists general
South Sudan’s only operating oil fields remain safe from rebel attacks after four months of conflict, claims the army general charged with defending them.
Sinopec cleared by judge over £3bn false imprisonment claim
Chinese oil giant Sinopec has been cleared after claims by a Hong Kong businessman that company executives were involved in a plot that left him imprisoned for five years on trumped-up charges.
RWE focused on stability after first post-war loss
German energy giant RWE says it expects its earnings base to “largely stabilize” from next year as it takes steps to overcome revenue shortfalls caused by the country’s shift away from nuclear power.
Rebels order oil companies to leave South Sudan
South Sudanese rebels have demanded oil companies in the country suspend production and evacuate staff after seizing the the country's main oil capital.
Petrobras goes on defensive over oil refinery scandal
Brazilian state oil firm Petrobras has hit back over criticism of massive losses made after it bought a US refinery after insisting it needed the facility for oil it could not refine at home.