RYBNIK, Poland A consortium of Polish state-run energy firms will hopefully buy the Polish assets of France's EDF by the end of 2017, Deputy Energy Minister Grzegorz Tobiszowski said on Friday.
ST LOUIS A U.S. bankruptcy judge denied on Thursday a request to order the appointment of an official equity committee in chapter 11 of coal miner Peabody Energy Corp .
LONDON The world's top oil companies are back in acquisition mode, targeting smaller exploration and development firms to boost oil and gas reserves rather than the mega-mergers that followed previous slumps in crude prices.
RIYADH Saudi Basic Industries Corp (SABIC) remains upbeat on a proposed petrochemical venture in the United States with Exxon Mobil and a preliminary investment decision could be made within months, SABIC's chief executive said on Thursday.
CHICAGO The U.S. government's bankruptcy watchdog objected on Wednesday to certain parts of Peabody Energy Corp's plan to slash $5 billion of debt and exit Chapter 11, calling a proposed $240 million in transaction fees "exorbitant," court papers showed.
MILAN/MOSCOW Russian state oil producer Rosneft said Western sanctions had stopped it building up its stake in Italian refiner Saras, forcing it to sell the stake two years after buying it.
WARSAW/PARIS French power group EDF has agreed to talks with a consortium of Polish state-run utilities about selling its local power plants after Poland blocked a sale to foreign investors, sources familiar with the situation said.
MOSCOW Russian oil producer Lukoil will adjust its oil output plan for 2017 to conform with a global deal on cutting production, TASS news agency quoted Lukoil Chief Executive Vagit Alekperov as saying on Wednesday.
KIEV Ukraine's Naftogaz will not pay a $5.3 billion gas bill from Russia's Gazprom until their long-running dispute in an arbitration court in Stockholm over gas contracts is resolved, Naftogaz said on Wednesday.
MOSCOW The acquisition of a 19.5 percent stake in Russia's Rosneft oil firm was paid for by foreign companies, Tass news agency quoted Andrei Kostin, Chief Executive of Russian state lender VTB , as saying on Wednesday.
WASHINGTON Black-clad activists among hundreds of demonstrators protesting Donald Trump's swearing-in on Friday clashed with police a few blocks from the White House, in an outburst of violence rare for an inauguration. | Video