Fall in number of US oil rigs speeds up

Companies adjust to latest slump in price of crude

Week in Review

Week in Review, February 6

Oil majors, Swiss banks, Alphabet, ChemChina and BA in the news

Libya warns shipowners over oil deals

‘Unauthorised’ attempts by rival factions to export crude

ArcelorMittal to raise $3bn to cut debt

Steelmaker aims to cut $15.7bn debt pile as losses rise sevenfold

A new in-take of workers arrice on the Kittiwake platform, in the North Sea
©Robert Omerod

North Sea oil companies in debt spillage

Operations in world’s most expensive field are under threat

Asteroid mining is not science fiction

Manufacturing objects in orbit could be more economic than making them down here, writes Clive Cookson

Beijing buys German waste-to-energy group

Deal underlines China’s growing interest in European technology

Shell boss predicts rebound in oil price

Not all executives share optimism, with ConocoPhillips cutting its dividend

S&P downgrades Glencore to one notch above junk

Rating agency cites ‘challenging outlook’ amid commodity rout

Conoco cuts dividend amid falling oil price

Company becomes first large US producer to reduce its payout

Oil majors must tailor strategy to reality

A plentiful supply demands fresh ideas from the industry

Statoil chief maintains dividend pledge

Proposed equity offer preserves Norwegian oil group’s cash

Norway’s oil fund presses multinationals

Largest sovereign wealth fund votes against 9,000 resolutions

Commodities: cheap, not cheerful

Miners’ big write-offs are no cause to celebrate

Shell chief bullish despite profits plunge

Anglo Dutch group points to rebalancing of global oil market as it reiterates cost-cutting plans

Oil bulls’ misplaced optimism

Crude market could remain heavily oversupplied this year

Resources rout rolls through Australia Inc

South32 and AGL Energy pressed into fresh cost-cutting and writedowns

Largest offshore wind farm gets go-ahead

Denmark’s Dong Energy will build £3bn project off Yorkshire coast

Global gas market braced for price war

Gazprom eyes aggressive strategy to counter US LNG exports

Yahoo to host solar power plant auction

Sale follows three-year frenzy of solar plant construction


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