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Global Energy News Headlines

DBRS downgrades Cenovus after ConocoPhillips deal

Ratings agency DBRS on Friday downgraded Cenovus Energy Inc, saying the Canadian oil company's acquisition of ConocoPhillips assets in March negatively affects its credit and more than outweighs the benefits of the deal.

Extreme heat grips Northern Hemisphere on summer solstice

Extreme heat across large tracts of the Northern Hemisphere raised fears for crops in China, fueled forest fires in Portugal and Russia's Far East, forced flight cancellations in the Southwest U.S., and melted tarmac on roads in Britain.

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Conservative Koch network criticizes U.S. Senate healthcare bill

COLORADO SPRINGS, Colo. Officials with the conservative U.S. political network overseen by the Koch brothers say they are unhappy with the healthcare bill that may be voted on by the Senate this week and will lobby for changes to it.