Brazil reforms to ease Petrobras pressure

Law changes will open up offshore oil discovery

China steel dragon loses US coal appetite

It may be too late to save the coal industry from looming financial disaster, says John Dizard

Shell set to drill in Arctic this month

Energy group faces fierce opposition from environmentalists

Israeli gas: offshore waves

Netanyahu is right to exploit abundant energy opportunities

Week in Review

Week in Review, July 4

BP settles over Gulf spill; Toyota, Petrobras and John Lewis also in the news

Shale glut turbocharges motoring revival

Ford ramps up output as US drivers make use of lower fuel costs

BP settlement puts a value on clarity

Deal over worst US offshore oil spill hastens end to wrangling

Petrobras graft loss may be understated

Prosecutor says state oil company’s R$6.2bn estimate is ‘conservative’

BP: settling down

The oil group finally has some certainty around its Deepwater Horizon costs. It must use it well

Glencore holds oil talks in Iran

Trader poised to help Tehran rejoin international fold

BP settles Deepwater spill for $18.7bn

Payments spread over 18 years under deal with US authorities

US shale stymied by Saudi, says Shell CEO

Van Beurden defends £55bn deal to buy BG Group

Iran eyes $100bn western oil investment

Tehran finalises new contract system to attract multinationals

Plastics companies stretched by rising prices

Manufacturers see no gain from cheap oil

Sky-high demand keeps ticket prices aloft

EU and US airlines have little incentive to pass on fuel savings

Israeli anger grows over Leviathan deal

Netanyahu forced into climbdown over $6.5bn gasfield project

Petrobras chief pledges investor focus

Bendine talk of ‘shareholder value’ promises fresh approach

Petrobras slashes investment to cut debt

Forecasts for domestic production by 2020 cut by a third

Lebanon’s gas sector tested by politics

Efforts to exploit potentially rich resources have stalled

US shale equity sales slow

Finance squeeze shows tightening financial pressure on industry


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