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Monday, December 11, 2017

Adapt or die, head of Norwegian energy company Statoil says

Energy players standing after last year's downturn need to learn the lesson of the past to chart an efficient and low-carbon future, the head of Statoil said.

U.S. labor balances OPEC supply strains to leave oil prices even

OPEC production concerns were balanced by strong labor figures from the United States, the world's largest economy, leaving oil prices flat early Friday.

U.S. slaps Bombardier with more duties in Boeing dispute

The U.S. Department of Commerce on Friday imposed more duties on the delivery of Bombardier's C Series jetliner in a dispute between the Canadian company and Boeing.

Study: Fossil Fuels Could Be Phased out in 10 Years

Researchers suggest the Earth's fossil fuel addiction could be kicked in less than a decade.

Toshiba warns it may not survive financial problems

Toshiba Corp., a Japanese electronics and energy conglomerate, warned Tuesday there is "substantial doubt" about its ability to survive financial losses, mainly stemming from losses in its Westinghouse Electric nuclear business.