DUBAI, Jan 4 (Reuters) - Saudi Arabia's Sunni allies rallied behind the kingdom on Monday and several joined Riyadh in severing or downgrading diplomatic relations with Tehran, deepening a sectarian split across the Middle East.
It’s been a wild year for SunEdison Inc. The world’s biggest clean energy company climbed 53 percent in value in the first half of the year, buoyed by plans to add wind turbines and solar panels on six continents.
LONDON, Jan 4 (Reuters) - Heating oil prices in the United States are trading as if it was mid-summer rather than winter, as warm weather and sluggish demand from freight companies combine to make heating oil cheaper than gasoline.
JAKARTA, Jan 4 (Reuters) - Indonesia has postponed a new levy on fossil fuels intended to support development of renewable energy resources and improve energy security, its energy minister said on Monday, a day before it had been due to come into effect.
HOUSTON, Jan 4 (Reuters) - U.S. "stripper well" operators, the nation's smallest oil producers seen as most likely to succumb to the crude price slump, are hanging in tough, reducing the chances of near-term production cuts needed to rebalance the domestic oil market.
Jan 4 (Reuters) - Oil explorer Cairn Energy Plc said on Monday it carried out its first successful production test at its oilfields in Senegal, sending its shares up as much as 9 percent.
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