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May 7, 20190

Iran oil exports to slide in May, ‘but not to zero’

LONDON (Reuters) - Iranian oil exports will slide in May as the United States tightens the screws on Tehran’s main source of income, industry sources

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May 7, 20190

Oil bulls back off as US drilling surge puts strain on rally

Oil investors are losing faith in the crude rally, more moved by the US drilling boom than geopolitical tensions, according to Bloomberg. Money manage

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May 7, 20190

Russia misses Opec+ oil cuts target in April

Russia pumped more crude last month than agreed under the Opec+ deal, lagging behind Energy Minister Alexander Novak’s pledge to comply with the pact.

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May 7, 20190

Australia iron ore exports rebound in April, but not enough

By Clyde Russell LAUNCESTON, Australia, May 1 (Reuters) - Australia’s iron ore exports rebounded in April after being hit by a cyclone the prior mo

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May 7, 20190

US Steel set to invest $1bn after pollution control lawsuit

US Steel Corp’s plan to invest more than $1bn at two of its Pennsylvania plants helps alleviate two key complaints against the once-dominant company:

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May 6, 20190

Tesla to get up to $2.7 bn from upsized offering

Reuters Tesla Inc on Friday was set to raise up to $2.7 billion in a record-setting capital raising for the electric carmaker, as investors scooped u

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May 6, 20190

Asia in charge of electric car battery production

Global production of batteries for electric cars is concentrated in Asia, with Chinese, Japanese and South Korean firms dominating the sector and buil

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May 6, 20190

Opec’s collapse is likely, warns Iran oil minister

Bloomberg/ London Iran’s oil minister warned that Opec is in danger of collapse as some nations seek to undermine their fellow members, an ap

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May 6, 20190

Shell asks UK govt for carbon storage subsidies

Oil major Royal Dutch Shell Plc has asked the UK government for taxpayer subsidies for the development of underground carbon dioxide storage, the Sun

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May 6, 20190

Climate crisis is about to put humanity at risk, UN scientists warn

The world’s leading scientists will warn the planet’s life-support systems are approaching a danger zone for humanity when they release the results of

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