Chevron, Eni among companies signing new Venezuela energy deals
Venezuela has signed agreements with several multinational energy companies, including U.S. oil giant Chevron and Italy's Eni.
Business
Chevron to invest $7 billion in Venezuela over five years to double oil output
American Chevron will invest $7 billion over the next five years to double its oil production in Venezuela.
Business
Trump comments send stocks lower as oil prices rise
The New York Stock Exchange fell and oil prices rose on Wednesday after President Trump said he believes the ceasefire with Iran is over.
Business
Power outages at liquefied natural gas plants in Australia after Cyclone Narelle
Two of the world's largest liquefied natural gas plants have suffered power outages due to a cyclone moving along Australia's coast, Chevron announced.
Business
Greek oil tanker damaged in suspected attack in Black Sea
A Greek oil tanker was damaged in a suspected attack in the Black Sea, Greek authorities said.
World
Oil giants Exxon and Chevron beat expectations with stronger fourth-quarter results
U.S. oil companies Chevron and Exxon reported fourth-quarter results that clearly exceeded expectations, Bloomberg writes.
Business
Banks and chip giants drove down the US stock market
Declines in bank and IT giant stocks led the New York Stock Exchange's leading index to fall on Wednesday.
Business
Chevron and Quantum Energy plan joint bid for Lukoil's international assets
Oil giant Chevron and venture capital firm Quantum Energy are planning a joint bid for Russian Lukoil's international assets, sources told the Financial Times.
Business
US stock market continues to rise as tech giants lift S&P 500, Dow and Nasdaq
Stocks on the New York Stock Exchange closed higher on Tuesday, largely thanks to rising prices in shares of some technology giants.
Technology
Oil companies and banks lift US stock market
The New York Stock Exchange rose on Monday, boosted by gains in oil and bank stocks.
Business
The cost of Trump's oil investment: 900 billion kronor
President Donald Trump is promising massive American investments in Venezuela's battered oil industry. But the challenges are many and the costs are skyrocketing - close to 900 billion kronor, according to one analyst.
BusinessTop news
Low oil prices could derail Trump's Venezuela oil plan
US oil companies are ready to make huge investments to revamp Venezuela's neglected oil industry, according to US President Donald Trump. However, low oil prices and major political risks in Venezuela could scuttle those plans, analysts warn.
Business
Oil giants beat profit expectations
The American oil companies Chevron and Exxon report third-quarter results that clearly exceed expectations, writes Bloomberg.
Business
Norway Wins European Court Case on Arctic Oil Licenses
Norway did not breach its climate obligations when it issued licenses for oil and gas exploration in the Arctic in 2016, the European Court rules.
World
Study Links Major Companies to Increased Heatwave Frequency
Heatwaves have become 200 times more common and every fourth could not have occurred without human emissions. This is shown by a new study, which points out 180 of the worst companies that have contributed to climate change.
Sweden
Shell Reportedly in Early Talks for BP Acquisition
Oil giant Shell is in "early talks" about an acquisition of competitor BP, according to information to Wall Street Journal. Shell dismisses.
Business
Amazon Oil Auction Sparks Protests Amid Environmental Concerns
Brazil has auctioned off several areas near the Amazon River for oil prospecting. The sale, which takes place just months before the UN's climate meeting in the region, is met with loud criticism from environmental groups and indigenous peoples.
World
Maurel & Prom Shares Drop 15 Percent After Venezuela License Revoked
The French oil company Établissements Maurel & Prom's share price is plummeting by 15 percent on the Paris stock exchange. Behind the price collapse lies the Trump administration's decision to withdraw an American license from the company to operate in Venezuela.
Business
Trump's Tariffs Prompt Chevron to Exit Venezuela Operations
President Donald Trump makes it clear that all trade with all countries that buy oil and gas from Venezuela will be subject to 25 percent tariffs in the USA. The American energy giant Chevron must now close its operations in the country.
Business