Sep 28, 2015

Shell says it will cease Alaska offshore Arctic drilling

Royal Dutch Shell will cease exploration in Arctic waters off Alaska’s coast following disappointing results from an exploratory well backed by billions in investment and years of work. The announcement was a huge blow to Shell, which was counting on offshore drilling in Alaska ...

Aug 27, 2015

Fracking caused Canadian quake: media report

Fracking by a Canadian subsidiary of Malaysian oil and gas giant Petronas triggered one of the world’s largest earthquakes linked to the controversial practice, according to a report Wednesday by Canada’s public broadcaster. The British Columbia Oil and Gas Commission said it has linked ...

U.S. markets falter after volatile day of trading

Aug 25, 2015

U.S. markets falter after volatile day of trading

U.S. stock indexes plunged almost 4 percent on Monday as investors, rattled about China’s economy, sold heavily in an unusually volatile session that confirmed the benchmark S&P 500 was formally in a correction. The Dow Jones industrial average briefly slumped more than 1,000 points ...