Now playing Next Economy French fuel strike: frustration at the pumps and an investment warning The boss of French energy firm Total has warned it will "seriously reconsider" its future investment plans in France due to the strikes at its refineries against labour law reform. 24/05/2016
Now playing Next France Protests against France's labour reforms spread across the country with transport targeted France is on the brink of an unprecedented social and economic crisis. 23/05/2016
Now playing Next Business Series Brazil's Petrobras gets new boss with same old problems Pedro Parente, the new boss of Brazil's scandal-ridden state-controlled energy firm Petrobras, has been talking about the challenges ahead. 20/05/2016
Now playing Next Libya Divided Libya agrees on oil Rival Libyan factions have reached an outline agreement to join forces and form a single oil authority operating throughout the country. 17/05/2016
Now playing Next Economy Oil prices boosted by supply outages and deficit forecast from Goldman Sachs Oil prices jumped to their highest in six months after forecasters at Goldman Sachs said the world now has a deficit rather than a glut of crude. 16/05/2016
Now playing Next Economy IEA oil forecast brightens The International Energy Agency is no longer so concerned about the oil market "drowning in supply" this year and says unplanned disruptions to output could help run down the global glut of crude. 12/05/2016
Now playing Next Canada Oil production resumes in fire-hit Fort McMurray The blaze continues to spread but experts say it is in uninhabited areas to the east and south of the town. 11/05/2016
Now playing Next Economy Challenges ahead for Khalid al-Falih, Saudi Arabia's new energy minister Saudi Arabia's new energy minister is Khalid al-Falih, with an expanded portfolio and a focus on job creation and economic reform. 09/05/2016
Now playing Next Economy Oil price rise from disruption by Canada's McMurray wildfire Crude prices have risen on fears of significant delays to the restart of production near the wildfire-devastated Canadian oil town of Fort McMurray. 09/05/2016
Now playing Next Business Series Competition issues scupper Halliburton-Baker Hughes merger Oilfield services provider Halliburton and smaller rival Baker Hughes have called off their merger in the face of opposition from US and European competition regulators. 02/05/2016
Now playing Next Norway 11 bodies recovered after Norwegian helicopter crash A helicopter ferrying passengers from a Norwegian oil platform crashed in the North Sea on Friday (April 29) killing at least 11 of the 13 people on 29/04/2016
Now playing Next Economy Saudi Arabia responds to low oil prices with economic reform plan Saudi Arabia has unveiled an economic reform plan including selling part of its state energy giant Saudi Aramco and using the cash raised for a massive global investment fund. 26/04/2016
Now playing Next Business Series BP considers more spending cuts after 80 percent profit drop BP has said it could reduce its capital spending further after reporting an 80 percent drop in profits in the first three months of the year. 26/04/2016
Now playing Next Economy IMF warns on cheap oil effects, but is encouraged by Gulf economic reform plans The International Monetary Fund has calculated oil exporting countries in the Middle East and central Asia lost $390 billion in revenue from lower crude prices in 2015. 25/04/2016
Now playing Next Venezuela Drought-hit Venezuela faces daily power cuts to save energy Venezuela has announced power cuts from next week – plunging people into darkness for four hours each day as the crisis-hit country grapples with a 22/04/2016
Now playing Next Kazakhstan Eurasian Media Forum: political tactics, oil prices and diplomacy The do’s and dont’s of political survival were set out by Jack Straw, former UK Foreign Secretary at the Eurasian Media Forum in Kazakhstan. 21/04/2016
Now playing Next Business Line Cheap oil and the music industry's digital revolution In this edition of Business Line we look in depth at the major oil producers attempts to stop prices falling and why they failed, plus the good news for the music industry from the digital revolution. 20/04/2016
Now playing Next Business Series Moscow wins Yukos ruling A Dutch court has annulled an international tribunal's award of $50 billion (44 billion euros) in compensation to shareholders of defunct Russian oil giant Yukos. 20/04/2016
Now playing Next Business Series Kuwait oil workers end strike, crude prices fall Oil prices slipped again on Wednesday as energy workers in Kuwait ended a three-day strike that had cut the country's production of crude by nearly half. 20/04/2016
Now playing Next Business Series Kuwait oil workers strike buoys crude prices Oil prices are being supported by a strike by energy workers in Kuwait which has offset an expected price slump following the failure by major oil producers to agree to freeze output levels. 19/04/2016
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