China signs $9 bln British nuclear deal in return for own project
By Karolin Schaps LONDON/PARIS, Oct 21 (Reuters) – China has agreed to invest 6 billion pounds ($9 billion) in EDF’s Hinkley Point nuclear project, Britain’s first new nuclear plant in a generation, in...
View ArticleOil prices edge higher but glut swells storage capacity
By Karolin Schaps LONDON (Reuters) – Oil edged higher on Monday as investors prepared for a week of important economic indicators, but prices remained range-bound on indications that the world’s stored...
View ArticleUK utilities face shake-up as customers turn to local suppliers
By Karolin Schaps LONDON, Oct 26 (Reuters) – A fast-growing group of small energy suppliers is eating away at the market share of the big six firms that dominate the business in Britain as customers,...
View ArticleBP shrinks further to weather extended oil slump
By Karolin Schaps LONDON, Oct 27 (Reuters) – BP announced on Tuesday a third round of spending cuts and more asset sales in the coming years to tackle an extended period of low oil prices after...
View ArticleSaipem plans 3.5 bln euro rights issue as Eni steps back
By Karolin Schaps LONDON/MILAN, Oct 28 (Reuters) – Italian oil contractor Saipem is asking investors to pump in fresh capital equivalent to its current market value to help it to weather the oil...
View ArticleShell profits slump after weak oil forces Alaska, Canada write-offs
By Karolin Schaps LONDON, Oct 29 (Reuters) – Royal Dutch Shell on Thursday reported a sharp drop in third-quarter profits on the back of low oil prices and a hefty $8.2 billion charge which included...
View ArticleOil industry slipping into the red as outlook dims
By Karolin Schaps LONDON (Reuters) – The oil sector is gradually slipping into the red after years of fat profits as the slump in oil prices and a grim outlook bite deeper. The world’s top oil...
View ArticleBG raises 2015 production guidance as profit slides
By Karolin Schaps LONDON, Oct 30 (Reuters) – Britain’s third-biggest energy company BG Group raised its 2015 production guidance for the second time this year as it posted a sharp fall in third-quarter...
View ArticleOil slides on Chinese demand concerns, record Russian output
By Karolin Schaps LONDON, Nov 2 (Reuters) – Oil prices fell on Monday as weak Chinese economic data fuelled concerns about demand slowing in one of the world’s largest oil-consuming nations, while...
View ArticleLufthansa counts cost of cabin crew strike
FRANKFURT (Reuters) – German airline Lufthansa (LHAG.DE: Quote, Profile, Research, Stock Buzz) said on Monday it was losing at least 10 million euros ($10.8 million) a day from the longest strike in...
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