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Singapore’s Dyna-Mac has secured additional work scope from existing customers, for a total provi… Energy supermajor ExxonMobil is preparing to reduce its U.S. offices headcount by up to 10 per ce… Sakhalin Energy has completed the planned shutdown at the largest oil and gas production platform…Who are the energy companies that are selling their stock?
Earlier this month, coal miner Peabody Energy Corp., offshore drilling contractor Transocean Ltd. and retailer Express Inc., all announced plans to sell stock, betting equity markets will support them despite heavy debt loads, recent losses and industry headwinds.Where does most of the world's energy come from?
Today in Energy. Global energy consumption driven by more electricity in residential, commercial buildings. Energy used in the buildings sector—which includes residential and commercial structures—accounted for 20% of global delivered energy consumption in 2018.What was the price of oil on Thursday?
Oil prices dropped yet another day in trading on Thursday, falling by more than $1 a barrel after a poor weekly reading on US fuel demand and on expectations of more crude hitting the market. West Texas Intermediate crude for August delivery was down $1.48 or 2.2% and settled at $71.65.