Energy
BP chief Bob Dudley out of the fire?
Bob Dudley, the BP chief executive, has proved much more careful with his words than his foot-in-the-mouth predecessor, Tony Hayward. But he must hope one phrase does not return to haunt him.
Categories: Energy
Brent pulls further ahead of West Texas crude
Commodities enjoy strong start with the price of Brent crude supported by geopolitical concerns and the demise of Petroplus
Categories: Energy
Brent pulls further ahead of West Texas crude
Commodities enjoy strong start with the price of Brent crude supported by geopolitical concerns and the demise of Petroplus
Categories: Energy
Bakrie vehicle moves to oust Rothschild from Bumi
Dramatic move is a setback for the UK financier, who had pledged to clean up corporate governance at the coal miner
Categories: Energy
BP safety committee chief to leave board
The impending departure of Sir William Castell is the latest shake-up at the top of the oil group since the Gulf of Mexico disaster
Categories: Energy
BP safety committee chief to leave board
The impending departure of Sir William Castell is the latest shake-up at the top of the oil group since the Gulf of Mexico disaster
Categories: Energy
The numbers are vast, but beware the bite of reality
Investors should not be overawed by the numbers presented in Facebook’s IPO nor in the proposed Glencore-Xstrata tie-up
Categories: Energy
Dinner that put Glencore-Xstrata on the menu
A series of issues had held up a merger, key among them the governance structure of a combined group
Categories: Energy
BP safety committee chairman Sir William Castell to leave
Sir William Castell, chairman of BP's safety committee during the Gulf of Mexico disaster, has given up the role and will leave the board altogether in April, the oil major revealed.
Categories: Energy
Gazprom cuts gas supplies amid cold snap
Russian company in dispute with European Union as it says countries demand more than it is contractually obliged to deliver
Categories: Energy
Gazprom cuts gas supplies amid cold snap
Russian company in dispute with European Union as it says countries demand more than it is contractually obliged to deliver
Categories: Energy
Call to scale back nuclear weapons in Europe
Group urges US and Russia to relocate a proportion of their arms deployed in Europe, which hark back to cold war-era hostilities
Categories: Energy
Positive Syrian drill fails to benefit Gulfsands
Gulfsands Petroleum, the Aim-quoted oil explorer with operations in Syria, this week failed to benefit from positive drilling results in the troubled country
Categories: Energy
Positive Syrian drill fails to benefit Gulfsands
Gulfsands Petroleum, the Aim-quoted oil explorer with operations in Syria, this week failed to benefit from positive drilling results in the troubled country
Categories: Energy
Glencore and Xstrata turn to City dealmaker
An all-share merger would turn the natural resources sector on its head by combining the largest trading house with one of the biggest mining groups
Categories: Energy
Chris Huhne resigns from Cabinet to fight criminal charge
Chris Huhne has resigned from his post as Energy Secretary after being charged by the CPS over allegedly perverting the course of justice.
Categories: Energy
Xstrata deal reveals perfect price on Glencore IPO
The proposed $88bn merger endorses Glencore’s much-criticised $10bn, 530p a share flotation, showing that the IPO price was right
Categories: Energy
Congress set to pass new Iran sanctions
Senate banking committee unanimously approves a package of measures aimed at shipping, energy, mining and finance companies
Categories: Energy
BP should take a close look at Shell
There are two main differences between Royal Dutch Shell and BP.
Categories: Energy
Oil price could fall to $70 in 2012 amid volatility, Shell warns
Oil prices could fall to $70 a barrel during 2012, from current levels above $110, as high volatility in the economy and energy markets becomes "a fact of life", Royal Dutch Shell executives said.
Categories: Energy
The Bottom Line:If Mr Cable has his way...
"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more