Oil hits new two-and-a-half year highs as higher output looms
Oil prices rose on Wednesday to new two-and-a-half year highs as robust output in the United States and Russia balanced tensions from a sixth day of unrest in OPEC member Iran.
Oil trades near strongest levels since mid-2015 on Iranian unrest
Oil prices posted their strongest start to a year since 2014 on Tuesday, with crude rising to mid-2015 highs amid large anti-government rallies in Iran and ongoing supply cuts led by OPEC and Russia.
Russia ready to support oil output deal as OPEC meeting looms
Russia said on Friday it is ready to support extending a deal among oil producers on cutting output, less than a week before OPEC meets in Vienna to discuss policy, although it has yet to say how long it should be for.
Nineteen nations say they'll use more bioenergy to slow climate change
China and 18 other nations representing half the world’s population said on Thursday they planned to increase the use of wood and other plant matter from sustainable sources to generate energy as part of efforts to limit climate change.
China aims to stop renewable energy being wasted by 2020
China aims to prevent power generated by its renewable energy sector being wasted by 2020, the country’s National Energy Administration (NEA) said on Monday.
French institute suspects nuclear accident in Russia or Kazakhstan in September
A cloud of radioactive pollution over Europe in recent weeks indicates that an accident has happened in a nuclear facility in Russia or Kazakhstan in the last week of September, French nuclear safety institute IRSN said on Thursday.
'We're engaged': Alaska gets China backing for natural gas project
China’s biggest state oil company Sinopec, one of the country’s top banks and its sovereign wealth fund agreed on Thursday to develop a $43 billion natural gas project in Alaska, as the cash-poor U.S. state seeks to revive its dwindling energy industry.
Russia's Rosneft to take control of Iraqi Kurdish pipeline amid crisis
Russia’s biggest oil company, Rosneft (ROSN.MM), has agreed to take control of Iraqi Kurdistan’s main oil pipeline, boosting its investment in the autonomous region to $3.5 billion despite Baghdad’s military action sparked by a Kurdish vote for independence.
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