More Energy News

Industry news from the most trusted sources on the Web
(Hasan Jamali/AP)

Oil falls as traders and investors take profits

Oil prices fell Friday after traders who believe crude prices may be too high unloaded their investments to lock in gains.  More »

Glacial progress marks UN climate talks

There is a growing contrast between the slow course in negotiations and the warnings from some experts about the pace of climate change  More »

Muddy Waters rebuts key Olam accusation

US short seller says it is not acting in concert with hedge funds to drive down the shares in the Singapore-listed commodity business  More »

Indian growth slows to 5.3%

Growth in the Indian economy slowed further in the three months to September adding to the problems facing the Singh government’s reform programme  More »

Japan unveils $11bn stimulus package

Little more than two weeks before Japan’s general election, the government unveils its second major stimulus package in a month amid recession fears  More »

SAC chief gives testimony on share sales

Founder said in testimony earlier this year that hedge fund sold $700m worth of stocks because trader was ‘no longer comfortable’ with position  More »
A man walks in front of Duke Energy Corporate Headquarters in a Charlotte, N.C.  (AP Photo/Nell Redmond, File)

Duke Energy CEO to leave in merger settlement

Duke did not name a replacement CEO immediately.  More »

US talks to avert fiscal cliff sour

Republicans rejected what they dubbed a ‘completely unbalanced and unreasonable’ offer from the White House in a round of meetings on Capitol Hill  More »

Sandy batters sales at US stores

At 17 retailers that report monthly figures, sales rose 1.6%, falling short of bullish forecasts of 3.3% growth  More »

Palestinians win UN vote for ‘state’

General Assembly votes for the move by 138 to nine with 41 abstentions, including Germany, despite Netanyahu warning of threat to peace  More »

Shell wins inaugural Chairman’s Innovation Award

Shell has received the Chairman’s Innovation Award at the first Total Energy USA Conference and Exposition.  More »

Stocks rise on hopes of US budget deal

Euro and industrial commodities are generally firmer on hopes that the US will avoid falling off its fiscal cliff at the end of the year  More »

UK banks face up to £50bn shortfall

Bank’s financial stability report published estimates of each of its concerns that suggested banks would have to raise between £20bn and £50bn in aggregate  More »
Crewmen work a site where a pipe for TransCanada's Keystone XL project is lowered into the ground in Wood County, Wednesday, Oct. 24, 2012, in Winnsboro. (Cody Duty / Houston Chronicle)

Court rejects Texas landowners’ pipeline argument

The landowners’ attorney says they plan to appeal to the Texas Supreme Court  More »

Cameron faces fight over press reforms

PM’s stance welcomed by the newspaper industry, but it leaves him exposed to a possible Commons defeat by Labour and Liberal Democrats  More »