Norway's central bank, which manages the country's $900 billion wealth fund, has blacklisted another 10 companies because they use or produce coal, excluding them from its investment.
read more... 10/03/2017
Crude oil prices dipped about 2% on Thursday in heavy trade, prolonging the previous session’s decline as record U.S. crude inventories intensified concerns about the effectiveness of the OPEC deal to curb a global oversupply.
read more... 10/03/2017
Oil prices registered on Wednesday a 5 percent decrease to their lowest levels this year as U.S. crude inventories jumped to a new record high, increasing worries that a global surplus might last even with OPEC trying to sustain prices with production cuts.
read more... 09/03/2017
Norwegian energy giant Statoil pledges to cut its annual carbon dioxide emissions by 3 million tonnes a year by 2030 from 2017 levels and become more efficient as part of efforts to combat climate change.
read more... 09/03/2017
Russian gas giant Gazprom envisages strengthening its sales in Europe, helped by the expansion of its German subsidiary Wingas.
read more... 07/03/2017