Energy

Energy

• US government spending cuts weigh on oil prices

  The price of oil hovered below $91 a barrel on Monday as markets continued to digest the introduction in the U.S. of automatic government spending ... 

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  Head of Chadian army claims troops kill Belmoktar

  Chad's military chief announced late Saturday that his troops deployed in northern Mali had killed Moktar Belmoktar, the terrorist who orchestrated ... 

• BP manager didn't see 'high risk' in drilling

  BP's head of drilling engineering for the Gulf of Mexico at the time of the Deepwater Horizon disaster testified he didn't believe deepwater drilling ... 

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  WHO: Slight cancer risk after Japan nuke accident

  Two years after Japan's nuclear plant disaster, an international team of experts said Thursday that residents of areas hit by the highest doses of ... 

• Argentine nationalization dents Repsol's profits

  Spanish oil and gas company Repsol blamed the nationalization of YPF, its former Argentine unit, and a drop in the value of its oil inventories for ... 

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  WWI shell found near Belgian nuclear power plant

  A Belgian utility says an unexploded World War I shell was found on the grounds of a nuclear power plant but was safely removed by military experts. 

• Report: Stuxnet cyberweapon older than believed

  The sophisticated cyberweapon which targeted an Iranian nuclear plant is older than previously believed, an anti-virus company said Tuesday, peeling ... 

• Bulgaria abandons plans for 2nd nuclear plant

  Bulgaria's parliament has confirmed an earlier government decision to abandon plans to build a second 2,000-megawatt nuclear power plant with Russian ... 

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  Protesters decry Lithuania's shale gas plans

  Waving signs reading "Chevron, go away!," protesters demonstrated Tuesday in the Lithuanian capital against the government's plans to let the U.S oil ... 

• Officials: Slovenian nuke plant shuts down

  Slovenia's only nuclear power plant shut down automatically on Monday after a drop in pressure in a steam generator and there was no danger of a leak, ... 

• Judge approves Transocean's $1B spill settlement

  A U.S. judge on Tuesday approved Swiss-based Transocean Ltd.'s agreement with the Justice Department to pay $1 billion in civil penalties for its role ... 

• Bulgaria to revoke Czech power company license

  Bulgaria announced Tuesday that the license held by a Czech company for power distribution in parts of the Balkan country will be revoked following ... 

• Official: Chernobyl safe after structure collapse

  An official says a recent roof collapse at the Chernobyl nuclear power plant has posed no danger and that work on building a new, safer shelter over ... 

• Oil hovers beneath $96 on US, Europe growth fears

  The price of oil hovered below $96 a barrel Monday, weighed by data released late last week which showed that U.S. industrial production weakened and ... 

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  UN envoy backs Syrian opposition's call for talks

  A Syrian opposition leader's call for dialogue is a test for the intentions of President Bashar Assad, the international envoy to Syria said Sunday, ... 

• Statoil to develop heavy oil field offshore UK

  Norwegian energy company Statoil ASA says it has received approval from the British government to develop the Mariner heavy oil field, the U.K. 

• Germany's E.ON pulls out of Finnish nuclear plans

  Voimaosakeyhtio SF says it has purchased E.ON's 34 percent share in the Finnish energy company Fennovoima, completing the German utility's withdrawal ... 

• Eni Q4 earnings flat as Libya offset by taxes

  Italian oil and gas company Eni says fourth quarter profits were more or less flat as a recovery of production in Libya was offset by higher taxes and ... 

• Chernobyl radiation unaffected after roof collapse

  Ukrainian officials on Wednesday sought to reassure the public that radiation levels were unaffected at Chernobyl and there was no safety threat after ... 

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  Syrian rebels advance toward Aleppo airport

  Rebels captured a small military base near Aleppo on Tuesday and stormed another in the same area that protects a major airport, a day after seizing ... 

• Statoil to build Arctic oil terminal

  Norwegian energy company Statoil ASA says it plans to build a new oil terminal on the country's Arctic coast to process oil from a recent discovery ... 

• Finnish nuclear reactor delayed further until 2016

  Finnish utility TVO says the completion of the country's fifth nuclear reactor will be further delayed and the company does not expect it to go online ... 

• Israel's Delek gains rights to Cyprus gas field

  U.S. firm Noble Energy has ceded 30 percent of its rights to a gas field off Cyprus' south coast to Israel's Delek and its subsidiary Avner Oil ... 

• Blast at Russia coal mine kills 18 people

  A blast at a coal mine in northern Russia on Monday killed 18 people, officials said Monday. Rescuers have recovered 10 bodies at the Vorkutinskaya ...