Energy
Iraqi $17bn gas project marks milestone
Shell-backed project has began operations, marking a milestone in the country’s fragile post-war recovery
Categories: Energy
Key investor hits at gold miners
The warning comes after the share price of Barrick Gold fell to a 20-year low last week, losing its crown as the world’s largest gold miner by market value to GoldCorp
Categories: Energy
Chesapeake earnings beat expectations
Crude oil output rose 56 per cent from a year ago, helping earnings excluding unrealised derivative gains and other one-off items rise 95 per cent
Categories: Energy
Chesapeake earnings beat expectations
Crude oil output rose 56 per cent from a year ago, helping earnings excluding unrealised derivative gains and other one-off items rise 95 per cent
Categories: Energy
EDF: power to the people
The French utility is offering a high yield but is subject to political uncertainties, including a review of energy policy in Paris
Categories: Energy
Ofgem launches investigation into six UK energy suppliers
Ofgem has launched an investigation into six of the country's energy suppliers who it said had failed to meet all targets on providing consumers with efficiency measures.
Categories: Energy
Ofgem launches investigation into six UK energy suppliers
Ofgem has launched an investigation into six of the country's energy suppliers who it said had failed to meet all targets on providing consumers with efficiency measures.
Categories: Energy
End of mining boom hits equipment makers
Cutbacks in project investments hurt companies such as Caterpillar and Atlas Copco which supply mining industry
Categories: Energy
UK Coal Operations seeks liquidation
Owner of two of UK’s last three deep pits warns of potential insolvency that would put 2,000 jobs at risk after fire closes colliery
Categories: Energy
Surgutneftegaz treasury shares missing
Russian oil company’s latest accounts, reported to international standards for first time in 11 years, show it now holds only 650,000 treasury shares
Categories: Energy
Surgutneftegaz treasury shares missing
Russian oil company’s latest accounts, reported to international standards for first time in 11 years, show it now holds only 650,000 treasury shares
Categories: Energy
ENRC faced 11th-hour hitch over listing
The controversial London flotation of the Kazakhstan-based miner encountered a last-minute hurdle after auditors found evidence that records had been falsified or destroyed
Categories: Energy
Heritage Oil defends Nigerian investment
Energy group’s chief Tony Buckingham remains bullish over batch of oilfields despite output falls caused by strike action and equipment failure
Categories: Energy
Heritage Oil defends Nigerian investment
Energy group’s chief Tony Buckingham remains bullish over batch of oilfields despite output falls caused by strike action and equipment failure
Categories: Energy
Saudi oil capacity to remain constant
Minister says there are no plans to raise capacity in next 30 years as new sources of supply, from US shale to Iraqi output, fill demand gap
Categories: Energy
Saudi oil capacity to remain constant
Minister says there are no plans to raise capacity in next 30 years as new sources of supply, from US shale to Iraqi output, fill demand gap
Categories: Energy
Zambia’s tax losses
African nations should combat tax avoidance and transfer pricing by devising a standard to cap the deductibility of payments to foreign affiliates
Categories: Energy
Asian hedge fund rides African rollercoaster
Heavy investment in African miner Sundance by the Senrigan fund was based on the hope that a Chinese group would snap it up, but the road has been full of obstacles
Categories: Energy
Gazprom profits slide on lower gas sales
World’s largest producer suffers a fall in volumes while having to compensate European customers who claimed that Russian prices were too high
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