Edition:
United Kingdom

Peg Mackey

Brent rises towards $109 on renewed Ukraine tensions

12 May 2014

LONDON Brent crude oil climbed towards $109 per barrel on Monday as the deepening crisis between Russia and Ukraine unsettled investors.

Brent rises above $108 on renewed Ukraine tensions

12 May 2014

LONDON Brent crude oil rose above $108 per barrel on Monday as the deepening crisis between Russia and Ukraine unsettled investors.

Oil firms, U.S. banks trade with Gunvor after co-founder sanctioned

21 Mar 2014

NEW YORK/LONDON Swiss commodity giant Gunvor was doing business with oil firms and U.S. banks on Friday after shock sanctions on Russian co-founder Gennady Timchenko rattled counterparties and threatened to disrupt its $250 million a day business.

Oil firms keep up Gunvor trade after U.S. sanctions target co-founder

21 Mar 2014

LONDON Oil companies are reviewing their dealings with Russian commodities trader Gunvor but have not altered their business links, industry sources said on Friday, after the United States imposed sanctions on its billionaire co-founder.

Oil firms review Gunvor trade after US sanctions co-founder

21 Mar 2014

LONDON, March 21 Oil companies reviewed their dealings with Russian trader Gunvor but did not yet alter business links, industry sources said on Friday, after the United States imposed sanctions on its billionaire co-founder.

BP more than tripled CEO Dudley's total pay last year

06 Mar 2014

LONDON Oil and gas major BP Plc more than tripled Chief Executive Bob Dudley's pay last year, the firm's annual report showed on Thursday, with cash and performance-related bonuses taking his total remuneration to $8.7 million.

BP more than tripled CEO Dudley's total pay last year

06 Mar 2014

LONDON Oil and gas major BP Plc more than tripled Chief Executive Bob Dudley's pay last year, the firm's annual report showed on Thursday, with cash and performance-related bonuses taking his total remuneration to $8.7 million.

Iraq says Syria war spillover hinders oilfields, pipelines

28 Jan 2014

LONDON Spillover attacks from the civil war in Syria have hindered development of Iraq's gas and oil reserves and a major pipeline to the Mediterranean has been blown up dozens of times, Iraq's top energy official said on Tuesday.

Iraq says Syria war spillover hinders oilfields, pipelines

28 Jan 2014

LONDON Spillover attacks from the civil war in Syria have hindered development of Iraq's gas and oil reserves and a major pipeline to the Mediterranean has been blown up dozens of times, Iraq's top energy official said on Tuesday.

Iraq says Syria war spillover hinders oilfields, pipelines

28 Jan 2014

LONDON Spillover attacks from the civil war in Syria have hindered development of Iraq's gas and oil reserves and a major pipeline to the Mediterranean has been blown up dozens of times, Iraq's top energy official said on Tuesday.

World News

'Everyone was in the loop' about Ukraine pressure campaign

A U.S. diplomat said on Wednesday that "everyone was in the loop" about a Trump administration effort to get Ukraine to carry out investigations that might ultimately benefit U.S. President Donald Trump, including Vice President Mike Pence and Secretary of State Mike Pompeo.