Portugal’s solar energy auction breaks record for low power prices, again
Portugal’s latest auction of contracts to build and operate new solar energy capacity set a world record for the lowest price of future output, the Environment Minister Joao Pedro...
Oil prices rise on storm-driven output cuts, COVID-19 weighs
Crude oil prices rose on Tuesday, supported by production cuts in the U.S. Gulf Coast as Tropical Storm Laura was forecast to become a major hurricane, while rising coronavirus...
Syria gas pipeline explosion ‘almost certainly’ ISIS strike: U.S. envoy
The United States is still looking into an explosion at a gas pipeline in Syria but the incident appears to bear the hallmarks of Islamic State, U.S. Syria envoy...
Premier Oil lays out plan to extend debt facilities, posts first-half loss
Premier Oil (PMO.L) on Thursday agreed to terms for a long-term refinancing of its debt facilities, including $300 million of new equity and an extension to its credit maturities,...
Anxious Mauritians use hair to stem Japanese ship’s oil spill
Mauritians are making floating booms of human hair and leaves in a round-the-clock scramble to mop up oil leaking from a grounded Japanese ship onto their pristine Indian Ocean...
Oil prices struggle to exit the familiar range
Oil prices remain in a familiar trading range, struggling to stage a decisive move in either direction. Brent crude is making fresh bullish attempts around the $44 handle, a...
Oil steady as U.S. stimulus hopes countered by demand concerns
Oil prices were steady on Tuesday, with demand worries due to a rise in coronavirus cases worldwide undermining support coming from hopes for additional U.S. economic stimulus measures.
U.S. turns screws on maritime industry to cut off Venezuela’s oil
U.S. sanctions have driven Venezuela’s oil exports to their lowest levels in nearly 80 years, starving President Nicolas Maduro’s socialist government of its main source of revenue and leaving...
Oil slides as fears grow that coronavirus resurgence could stunt fuel demand recovery
Brent crude LCOc1 futures were down 35 cents, or 0.8%, at $42.79 a barrel as of 0633 GMT, and U.S. West Texas Intermediate (WTI) crude CLc1 futures fell 35...
World agencies step in as pandemic poverty hits artisanal miners
World market prices of gold - viewed by investors as a safe store of value in uncertain times - have surged to levels last seen in 2012, and are up...
