Energy Update
Aug 10 (Reuters) - Ammonia maker CVR Partners LP said on Monday it would acquire nitrogen fertilizer producer Rentech Nitrogen Partners LP for about $533 million, excluding debt and Rentech's Pasadena plant.
MOSCOW, Aug 10 (Reuters) - Russia's largest gas producer Gazprom beat expectations with a 71 percent jump in first-quarter net profit after weakness in the rouble more than compensated for a drop in sales volumes to Europe.
BEIRUT/WASHINGTON, Aug 9 (Reuters) - Dozens of companies tied to Iran's elite Revolutionary Guards, a military force commanding a powerful industrial empire with huge political influence, will win sanctions relief under a nuclear deal agreed with world powers.
SEOUL, Aug 10 (Reuters) - The deadline for the next round of bids for Tesco PLC's South Korean business has been extended to Aug. 24 from Aug.
WASHINGTON, Aug 9 (Reuters) - In her 2008 bid for the White House, Hillary Clinton cast herself as a blue-collar Democrat who was unabashedly pro-coal, a stance that helped her beat opponent Barack Obama easily in primaries in states that produced or were reliant on coal.
Tim Bradner explains how a major is using new oil production methods in Alaska with the hopes any success could be more widely applicable - and profitable - in the future.
In the Northern Hemisphere, summer is in full force, and luckily for us, news is also heating up in the world of oil.
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