Statoil earnings down as gas output cut

State-controlled group moves production due to low gas prices

Mark Cutifani, Chief Executive of Anglo American. Photograph: Rosie Hallam
©Rosie Hallam

Anglo American eyes further asset sales

Chief Cutifani denies being in rush to dispose of businesses

Watchdog to investigate energy prices

CMA to look for evidence of ‘co-ordination’ by big six suppliers

Cairn India shares fall on loan news

Company reveals it lent $1.25bn to parent Vedanta

Drought drains critical US water supply

Researchers shocked by depletion of Colorado River Basin

BP’s Conn in talks to lead Centrica

Head of downstream division quits oil major

Repsol eyes Canada as earnings double

Results helped by refining margins, Gas Natural and one-offs

Mines lift iron ore output as prices fall

Prices slip for a sixth consecutive session

China to put €2bn into Italian power grid

Deal reflects shift in attitude towards such investments

Ukraine gas deadlock poses threat to EU

Supply threatened as stalemate over price continues

Oil majors file Colombia exploration bids

Country’s licensing round is attempt to boost stagnating reserves

UK energy companies fined for power cuts

Regulator unveils details of ‘big six’ probe

Newcrest warns of up to A$2.5bn writedown

Impairment related to operating costs at troubled Lihir mine

UK reverses Drax biomass decision

Volte-face follows successful legal challenge on subsidy package

Yukos investors await $100bn claim ruling

Decision could provoke fresh tensions between Moscow and west

EU energy plan targets Russian gas links

Brussels commission backs 30% efficiency goal for 2030

US oil groups ordered to renew railcars

Accelerated timetable follows fatal crash in Quebec

Drax gains on hopes for project approval

Glaxo profit warning flattens wider UK stock market

Biomass report adds to subsidies debate

Measuring impact of burning biomass splits opinion

Freeport-McMoRan close to Indonesian deal

Copper miner says hopes to resume exports next month


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