
Crude oil prices rally on expected output cuts
Expectations that U.S. crude oil production will continue to decline gave a lift to oil prices in early Tuesday trading despite lingering market pessimism. ... more
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Shell halts controversial search for Alaskan oil
Royal Dutch Shell said Monday it was halting its search for oil off the Alaskan coast, with environmentalists claiming a huge victory in their battle to protect local wildlife. ... more
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Sun reverses decades-long decline and shows rising activity
AI model predicts harmful solar winds with unprecedented accuracy
JUNO begins decade-long mission to probe neutrino mysteries
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Shell scraps controversial oil exploration in Alaska
Anglo-Dutch energy giant Royal Dutch Shell said Monday it had scrapped its controversial offshore exploration in Alaska after failing to find sufficient quantities of oil and gas. ... more
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Report: British North Sea won't rebound until 2017
The British oil and gas sector is in a short-term decline with no chance of recovery for at least two years, an industry planner told the Financial Times. ... more
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Italy primed for return to Iran's energy sector
Iranian President Hassan Rouhani said the conditions are right for Italian energy companies to start working in the country in the post-sanctions era. ... more
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BG Group places bet on offshore Canada
British energy company BG Group said it was placing a bet on offshore Canada by acquiring positions from Spanish rival Repsol. ... more
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Oil prices drop after China industrial profits sink
Oil prices dropped on Monday in the wake of a sharp fall in industrial profits in China, the latest sign of weakness in the world's largest energy consumer. ... more
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