Amid the looming uncertainty of the oil supply, the statement made by the Organization of Petroleum Exporting Countries (OPEC) member, Kuwait sent jitters in the global market.

In a major business deal, the bosses at the Scottish and Southern Energy (SSE) have sold three of their many wind farms to a renewable energy company based in UK.

It has come to light that BP signed the controversial deal with Russian state-owned Rosneft in January, in order to exploit potentially huge deposits of oil and gas in Russia's Arctic shelf.

As per the findings of a new study, the energy companies are to be blamed for the wrongly estimated electricity bills.

According to Bloomberg data, it has been revealed that the oil prices have been raised in Middle East by $1.66 or 1.5% to $ 115.32 per barrel on Wednesday, which is the highest price since August 2008

The US unit, which supplies aluminum sheet which was used to make beverage cans, is being acquired by association comprising of five Japanese companies which includes Sumitomo Light Metal Industries w

Although United States regulators are denying reports of a “done deal” with BP to allow them to begin drilling in the Gulf of Mexico once again, it is thought that the officials have given BP an infor

Iberdrola, a Spanish utility company announced on Monday that more than 6% of its shares would be purchased by Qatar’s sovereign wealth fund at a price of €5.63 each, which is below Iberdrola’s last f