Early freeze across China adds to the nation’s energy crisis
Plunging temperatures across parts of China have sparked an early start to the winter heating season, likely lifting power demand and intensifying the nation’s energy crisis.
freeze
Exxon sees up to $800million earnings hit from Texas freeze
Exxon Mobil Corp. expects first-quarter earnings to be reduced by as much as $800 million due to the deep freeze that plunged Texas into darkness last month.
Shell to freeze salaries for majority of staff amid overhaul
Shell will freeze salaries for most of its employees this year, according to people with knowledge of the matter, as it looks to save cash amid an overhaul of the company.
OPEC Secretary General and Iranian oil minister meet for talks on crude prices
A meeting between OPEC Secretary-General Mohammed Barkendo and Iran's oil minister has started in Tehran.
Brent oil holds gains as Saudi-Russia deal falls short of freeze
Brent oil held its gains as investors weighed the pledge by Russia and Saudi Arabia to cooperate to stabilize global crude markets that fell short of specific measures to bolster prices.
Saudi, Russia pledge oil cooperation without agreeing freeze
The world’s top two crude-oil producers pledged to cooperate to stabilize global markets, while failing to announce any specific measures to bolster prices.
Saudi, Russia discuss actions to bolster oil, including freeze
Saudi Arabia and Russia discussed actions to stabilize the global oil market -- including an output freeze -- at a meeting in China.