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Daily (02.02.2017): Crude oil rallies on Iran ballistic test launch

Crude oil prices soared on Wednesday, increasing more than $1 a barrel after Iran confirmed that it recently conducted a ballistic missile test launch, a move that drew criticism from U.S. and Israeli officials this week and increased concerns about the potential violation of a United Nations Security Council resolution.

read more... 02/02/2017

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The biggest coal-fired power plant in western US may shut down this year

The largest coal-fired power plant in the western part of the U.S, and one of the major climate polluters in the nation, might shut down later this year, striking a symbolic blow to the future of the coal industry.

read more... 02/02/2017

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ExxonMobil’s Q4 earnings tumble 40% due to the prolonged downturn in oil prices

U.S. oil giant ExxonMobil reported earnings well below analysts’ expectations on January 31.

read more... 01/02/2017

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China National Nuclear Corporation withdraws from the negotiations of the recapitalization of Areva

China National Nuclear Corporation (CNNC) withdraw from the negotiations on the recapitalization of French nuclear group Areva.

read more... 01/02/2017

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Scottish government launches four-month public consultation on fracking

The Scottish government has launched a consultation on whether unconventional oil and gas extraction should be allowed in the country.

read more... 01/02/2017

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