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Venezuela

Venezuela's economic reality

Soaring inflation, food and medicine shortages - Venezuelan's face a daily struggle to provide for their families

World News

Euroviews. View: Why heavy fuel oil must be banned in the Arctic right now

World renowned explorer and endurance record holder- Ranulph Fiennes- explains why heavy fuel oil must be banned in the arctic now

Iran

Iran and French oil giant Total clinch energy deal

Total becomes first international energy company to invest in Iran since sanctions eased following nuclear accord

Business Series

Total re-invests in Iran

French energy giant Total signs a reported multi-billion euro deal with Iran to develop the South Pars offshore gas field.

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World

Patrick Pouyanné, Total Group: "Brexit is absolutely not a good thing for anyone"

Interview with President and CEO of Total, Patrick Pouyanné.

Economy

Oil prices jump as biggest producers plan to extend output cuts

Saudi Arabia and Russia have agreed to pump less through until March 2018 to further cut the huge amount of oil in storage around the world.

Markets

Oil stabilises, stocks rise on Macron confidence

Oil prices have been on a roller coaster ride from oversupply worries, strong opinion poll numbers for French centrist Macron boosted share prices.

Nigeria

Shell's shady dealings with money launderer revealed in ex-spy's emails

Oil giant Shell has 'changed its tune' as emails emerge showing dealings with a convicted money launderer and point to possible bribery.

World News

Investors, edgy after US strikes in Syria, turn to oil and gold

Investors in Europe were edgy on Friday following the US air strikes in Syria, but stocks erased most of their initial losses after US officials called the attack a one-off event that would not lead t

New Zealand

Oil protester performs Haka outside conference

Greenpeace held a protest outside the New Zealand Petroleum Conference 2017, in New Plymouth.

Business Series

Saudi oil giant's tax bill slashed

Saudi oil giant gets massive tax cut

Economy

OIl producers mull over extending output cut

OPEC and non-OPEC oil producers discuss production cut extension

World News

EU Parliament rejects total ban on Arctic oil drilling

European Parliament lawmakers voted against a non-binding motion to prohibit oil and gas exploration in the Arctic

Economy

Oil price falls to new 2017 low

Oil prices have tumbled following an OPEC report that stocks are rising worldwide, despite an agreement to reduce output to try to push up prices.

Markets

Repsol's Alaska oil find enough to supply Spain for four years

Spanish energy firm Repsol's shares jumped after it announced it has found a field with enough crude to supply all of needs of Spain for four years.

Economy

Saudi Arabia's oil price target revealed

Saudi Arabia reportedly wants crude oil to rise to around $60 a barrel this year to encourage new investment but not boost US shale oil output.

Business Series

Saudi state oil company takes significant stake in Malaysia refinery

Saudi Arabia's state oil company Saudi Aramco is to invest $7 billion in an oil refinery and petrochemical project in southern Malaysia.

Markets

OPEC producers really are pumping less, boosting crude prices

Oil prices jump on word that OPEC producers have achieved over 90 percent of the output cuts they had pledged.

Markets

BP's spending spree means a need for higher crude prices

British oil and gas company BP has said it needs crude oil to be selling for $60 a barrel by the end of the year for it to break even.

USA

Greenpeace take over crane near White House to display "Resist" message

A crane on a construction site overlooking the White House in Washington D.C. has been taken over by Greenpeace to display a banner with the message "Resist".