Total launches gas project in Britain's Shetlands
French oil and gas company Total officially launched a project off Britain's remote Shetland Islands.
Canadian city evacuated as huge blaze engulfs homes
The 100,000 residents of the Canadian city of Fort McMurray were ordered to leave town as a monster wildfire swept through the region.
Saudi to take $10 billion foreign loan
Saudi Arabia will take a $10 billion loan from foreign banks to help close the gap in its state finances from collapsed oil revenues.
Oil plummets on Doha failure
Oil plunged Monday a day after top producers failed to reach a deal in Doha to cap output.
ExxonMobil, Rockefellers face off in climate battle
US energy giant ExxonMobil is facing an onslaught from environmentalists and some shareholders including the Rockefeller Family Fund.
OPEC warns on oil 'oversupply' ahead of crunch Doha meeting
OPEC warned that the world remains awash with crude ahead of a crunch meeting in Doha to discuss a production freeze to boost the oil price.
Ukraine adds Russian oil import ban to growing trade war
Ukrainian Prime Minister Arseniy Yatsenyuk intends to introduce a ban on oil product imports from Russia.
Israel advises citizens to leave Turkey citing attack risk
Israel advised its citizens to leave Turkey citing the potential for jihadist attacks.
Brazil debates economic cost of corruption investigation
Brazil's former president Luiz Inacio Lula da Silva is warning that the Petrobras corruption probe is paralyzing the Brazilian economy.
Central Asia strongman regimes challenged by stuttering economy
Now authorities across ex-Soviet Central Asia are facing an unexpected legitimacy test as falling oil prices and Russia's recession.
Weakest return for Norway sovereign wealth fund since 2011
The world's biggest sovereign wealth fund, Norway's public pension fund, posted a 2.7-percent return in 2015 owing to real estate and the global stock market recovery.
Putin says agreement sealed with Russian oil firms to freeze output
Russian President Vladimir Putin said Wednesday that he had sealed a pact with the country's oil majors to freeze production.
Tenge slides 100% in 5 months; what next for Kazakhstan?
Amid falling oil prices and tenge exchange rate fluctuations, experts are wary to predict Kazakhstan's future.
Iran boosts oil production by 500K, condemns new sanctions
Iran announced a major boost in oil production on Monday after the lifting of sanctions under its nuclear deal.
Kazakhstan National Bank explains tenge depreciation and equilibrium rate
Kazakh National Bank Governor Akishev talks about mechanisms behind depreciation of the tenge and central bank’s role in shaping Kazakhstan
Inflation in Kazakhstan nears 13%, central bank admits
Inflation in Kazakhstan reached 12.8% in the end of November. National Bank's Akishev names tenge depreciation the main driver.
Turkish Internet servers reeling under huge cyber attack
Turkish Internet servers are suffering a powerful cyber attack from abroad, slowing banking services and fanning fears.
Oil price slump forces Azerbaijan to stop propping up currency
Energy-rich Azerbaijan, whose economy has been hit hard by falling oil prices, withdrew support Monday for its embattled currency and the manat plunged by nearly a third against the dollar.
Brent hits 11-year low as oil extends slide on glut worries
European benchmark Brent crude slid to an 11-year low on Monday as oil prices resumed their slide in an oversupplied global market facing the prospect of renewed US exports.
Gulf monarchs seek united front at annual summit
Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates face regional divisions, but will struggle to find common ground.
