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Power & Energy Commodity News

Chinese oil companies’ earnings decline

Source: Financial Times, 30th October 2014

The 20 per cent plus decline in oil prices since June has hit groups’ profits

Read the full article on FT.com

Malaysia fund readies $3bn power asset IPO

Source: Financial Times, 30th October 2014

Plan for listing comes amid scrutiny of the Malaysian government fund

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Shell taps ex-BofA banker to be new chairman

Source: Financial Times, 30th October 2014

Oil major reports third-quarter profits above expectations despite crude price fall

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Weak oil price drags on ConocoPhillips

Source: Financial Times, 30th October 2014

Decline at largest US oil and gas exploration and production company follows other oil majors

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Shell taps ex-BofA man to be new chairman

Source: Financial Times, 30th October 2014

Oil major reports third-quarter profits above expectations despite crude price fall

Read the full article on FT.com

Russian oil: Between a rock and a hard place

Source: Financial Times, 30th October 2014

It has the largest reserves of shale oil in the world but as sanctions bite, can Moscow exploit them?

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Opec expects fall in US shale output

Source: Financial Times, 29th October 2014

View at odds with US industry, which sees no pressure from lower oil price

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Chinaoil on buying spree as oil drops

Source: Financial Times, 29th October 2014

More than 20m barrels of Middle East oil snapped up in a month

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Norway’s oil fund hit by European stocks

Source: Financial Times, 29th October 2014

First negative quarterly return on equities in more than two years

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Statoil slips to third quarter net loss

Source: Financial Times, 29th October 2014

Falling oil price weights on Norwegian state-controlled energy major, but dividend is maintained

Read the full article on FT.com