Energy

Energy

• Protest action in Poland against government

  Thousands of workers held work stoppages in Poland's southern industrial region on Tuesday to demand more job security, higher pensions and government ... 

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  In lavish reception, Putin greets China president

  China's new president received a lavish welcome Friday as he made Moscow his first foreign destination, joining with Russian President Vladimir Putin ... 

• BP announces $8 billion share buyback

  Oil company BP said Friday it will buy back $8 billion of shares using money it earned by selling its stake in Russian producer TNK-BP. 

• Rome museum exhibit on Italy's history of energy

  Italy must import nearly all the energy needed to keep cars rolling, factories humming and lights lit. Much of its postwar political policy has been ... 

• Rosneft finalizes acquisition of TNK-BP

  Russia's state-controlled Rosneft says it has sealed deals to gain control of TNK-BP and become the world's largest publicly traded oil producer. 

• Oil near $94 as traders eye US data, Cyprus vote

  The price of oil inched up to near $94 a barrel Tuesday ahead of a vote by lawmakers in Cyprus on an unpopular proposal to impose a tax on bank ... 

• France: Discretion needed to free Nigeria hostages

  France is adopting a "determined and discrete" approach to safeguard the lives of eight French hostages kidnapped by extremist groups in and near ... 

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  Nigeria summons US official over tweets on pardon

  Nigeria's foreign ministry summoned a top U.S. diplomat Friday night over an issue of national importance — on Twitter. At dispute are two messages ... 

• Oil rises ahead of US industrial production data

  The price of oil rose to near $94 on Friday ahead of the release of U.S. industrial production and manufacturing figures that analysts expect to show ... 

• Obama says Iran a year away from nuclear weapon

  Iran is about a year away from developing a nuclear weapon and the United States remains committed to doing everything in its power to prevent that ... 

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  Obama: Keystone XL pipeline not major jobs creator

  Jobs numbers and other benefits touted by supporters of the Keystone XL oil pipeline are probably exaggerated, President Barack Obama told House ... 

• Worker: Rig was bustling before BP well blowout

  A worker who survived the deadly explosion on the Deepwater Horizon testified Wednesday that a flurry of activity on the drilling rig hindered his ... 

• Iran: Bushehr nuclear power plant taken off line

  Iran's vice president says the Bushehr nuclear power plant has been disconnected from the country's electricity grid because of a mechanical problem. 

• German utility Eon posts FY profit of $3.4 billion

  German utility Eon bounced back to profit in 2012 but warned that it may have to start closing gas-fired power plants if government doesn't take steps ... 

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  Pakistan, Iran leaders inaugurate pipeline project

  The leaders of Pakistan and Iran are pushing ahead with a pipeline to bring natural gas from Iran despite American opposition, and the Iranian ... 

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  Recovery slow as Japan marks 2 years since tsunami

  Amid growing dissatisfaction with the slow pace of recovery, Japan marked the second anniversary Monday of the devastating earthquake and tsunami that ... 

• Total restarts production after North Sea gas leak

  French energy group Total says it is slowly restarting gas production in an area of the North Sea where a well sprang a leak nearly a year ago. A leak ... 

• Oil price rises as US economy seen strengthening

  Oil prices moved up slightly closer to $91 a barrel on Thursday as reports of a moderately improving U.S. economy, which suggests increased fuel ... 

• Little reaction in oil market to Chavez death

  Oil markets are taking the death of Venezuelan President Hugo Chavez in their stride, with the price of crude little changed Wednesday. By early ... 

• Germany's RWE to quit oil, gas production

  German energy company RWE AG says it is has decided to abandon production of crude oil and natural gas and will consider options for selling its oil ... 

• Oil above $90 on Chinese growth hopes

  The price of oil rose slightly on Tuesday, a day after dropping below $90 a barrel for the first time this year, as investors welcomed China's ... 

• BP executive defends report on Gulf oil spill

  The BP executive who led the company's probe of the Deepwater Horizon rig explosion denied Monday that his investigators narrowly focused on rig ... 

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  Obama nominates 3 to Cabinet-level posts

  President Barack Obama signaled his willingness to tackle climate change with his pick of Gina McCarthy to lead the Environmental Protection Agency, ...