COMMODITIES

A combination of aggressive acquisitions and expansion initiatives have transformed the petrochemical company in a matter of years.

The price of oil has risen quickly over the last week or so. However, substantial evidence indicating fundamentals have changed to justify such a speedy increase is yet to emerge.

Two of the UK's 'Big Six' energy companies hope to form a mammoth supplier serving over 12 million households.

Ex-employee tells IBTimes UK that senior managers at Japan's industrial giant were too scared or proud to admit failures that have now amplified into a colossal scandal.

Price controls unveiled by the Primer Minister could put some energy suppliers under severe strain, says ratings agency.

Kobe Steel announces further instances of faked inspections data as its shares get a hammering in Asian trading.

Mohammed Sanusi Barkindo urges American oil producers to reduce production in a bid to prop up crude oil prices.

Iain Conn, boss of the British Gas' owner, says move could have opposite effect and result in higher prices across the board.

Petrochemicals company completes purchase of Danish firm's oil and gas business expanding its operations in the region.

Brent futures spike on anticipation of higher demand and geopolitical tension.

Electric cars require four times as much copper to manufacture compared to traditional fossil fuel variants.

ExxonMobil's 12-year reign at the top comes to an end as lower oil price sends it tumbling down the pecking order.

Babur Ozden, co-founder of Maana, who works with the biggest names in the oil and sector believes it's wrong to presume the industry trails digitally.

Russian majority state-owned company's CEO Igor Sechin says Opec deal has 'no impact' on market.

New research suggests falling renewable energy costs are being complemented by higher efficiencies.

Storm Harvey, which has already resulted in several US Gulf coast refineries being shut, continues to disrupt supplies.

Record rainfall causes severe flooding and takes 2.2m bpd of US refinery output offline.

Gasoline prices respond to possible disruption as refineries, ports and exploration sites are closed with "life-threatening" storm in sight.

Details of the unique fund emerge as Riyadh attempts to overtake Moscow as the leading supplier of crude oil to Beijing.

Activist investor will now have power to call a general meeting and table resolutions via its increased stake in the company.

Silvery-white alkaline metal is a key component of high power long-lasting batteries.

Spot and futures prices rose for third successive session following war of words between Washington and Pyongyang.

Think-tank predicts slow 'rebalancing' of stubbornly high oil inventories.

State-owned company says it is at an advanced stage of fulfilling British regulatory requirements.

Nearly £400m in savings withdrawn from beleaguered bank but it says operating losses have narrowed.

Total, Repsol and Chevron among companies withdrawing staff in the wake of deteriorating security situation.

One of the Premier League's biggest clubs partners with Octopus Energy to reduce its carbon footprint.

Steve Martin questions moves to placate the Saudis for 'short term' gain.

If the move by Qatar is confirmed, it would mark the first formal step in the WTO's dispute process.