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Sanctions failed to take a bite out of Russia’s oil patch: Fuel for Thought

International sanctions against Russia introduced in 2014 turned out not to be the bogeyman they first seemed to be. Rosemary Griffin explains.

Demand response saves electricity during times of high demand

(Mon, 08 Feb 2016) Demand response in the electricity market involves the targeted reduction of electricity use during times of high demand. In response, customers receive incentives for these reductions. A recent Supreme Court ruling is expected to result in faster growth in demand response in the wholesale electricity markets that cover about 60% of U.S. power supply.

Australia shares edge lower on Wall Street weakness

SYDNEY, Feb 8 (Reuters) - Australian shares fell on Monday, extending losses into a second session, as a weaker Wall Street weighed on market sentiment.

Crude oil slips after Saudi, Venezuela meeting on prices yields little

TOKYO, Feb 8 (Reuters) - Crude oil futures were mixed in early Asian trade on Monday after a meeting between OPEC producers Saudi Arabia and Venezuela to discuss coordination on prices ended with few signs there would be steps taken to boost prices.

Average U.S. gas price drops 8.2 cents in two weeks -Lundberg

NEW YORK, Feb 7 (Reuters) - The average price of a gallon of gasoline in the United States fell 8.2 cents in the past two weeks to its lowest level in seven years, according to a Lundberg survey released on Sunday.

EMBARGOED-Japan's Tepco works hard to pull out from government control

TOKYO, Feb 8 (Reuters) - The Japanese government fund may reduce its stake in Tokyo Electric Power Co to below 50 percent in 2017 if the company achieves its goals including its first bond issuance in six years, the company's president said.

UPDATE 1-UAE says ready to send ground troops to Syria

ABU DHABI, Feb 7 (Reuters) - The United Arab Emirates (UAE) said on Sunday it was ready to send ground troops to Syria as part of an international coalition to fight against Islamic State.

UAE says ready to send ground troops to Syria

ABU DHABI, Feb 7 (Reuters) - The United Arab Emirates (UAE) said on Sunday it was ready to send ground troops to Syria as part of an international coalition to fight against Islamic State.

MIDEAST STOCKS-Saudi, Egypt edge down in early trade after oil weakens

DUBAI, Feb 7 (Reuters) - Stock markets in Saudi Arabia and Egypt slipped in early trade on Sunday, erasing some of their gains in the previous session after oil prices reversed and global markets sold off at the end of last week.

As Big Oil shrinks, boards plot different paths out of crisis

* Companies seek to safeguard growth for when market recovers

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