Skip to: Content
Skip to: Site Navigation
Skip to: Search
SUNDAY, NOVEMBER 22, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: energy markets

energy markets stories: 7 news summaries

(Newser) - The European Union's powerful competition commissioner slapped two energy companies with record fines of $1.53 billion today for cartel misbehavior. GDF Suez and E.ON, two of the world's biggest gas producers, colluded to avoid competition in French and German energy markets and drive up prices. It's the first... More »

MORE ABOUT:
Germany • European Union • France • energy prices • competition • natural gas • energy markets • Neelie Kroes • fine • energy consumption • anticompetitive

MARKET Open

 Stocks Sink 
 on World Bank Report 


Jun 22, 09 9:04 AM CDT
(Newser) - Stocks tumbled this morning after the release of a grim forecast by the World Bank. The Dow tumbled about 100 points, while the Nasdaq and S&P each dropped 1.6%. The World Bank predicted the economy would shrink 2.9% this year, a big downward revision from its previous... More »

MORE ABOUT:
stock market • World Bank • Dow Jones • Nasdaq • energy markets • S&P 500 • oil prices


 Smart Money 
 Trickles Back Into Energy 

Those considered sectors 'smart money' see opportunity in sector

Jan 6, 09 11:51 AM CST
(Newser) - The energy sector is recharging, the Wall Street Journal reports, at least if a pair of deals by billionaire oil and gas investor George Kaiser is any indication. Kaiser, who built his fortune buying energy assets during downturns, is jumping back into the market, penning a $412 million natural gas... More »

MORE ABOUT:
oil • Kirk Kerkorian • investors • natural gas • energy markets • Chesapeake Energy • financial crisis

(Newser) - OPEC today decided to take 1.5 million barrels of oil per day off the markets to boost prices flirting with 16-month lows, the Wall Street Journal reports. The deep cut will take effect next month. “This slowdown in oil demand is serving to exacerbate the situation in a... More »

MORE ABOUT:
Iran • Saudi Arabia • OPEC • gas prices • energy markets • oil prices • financial crisis

Buffett Strikes as Investors Flee; Buys Energy Firm

In his first move of the current market crisis, the Oracle collects more energy

Sep 19, 08 10:01 AM CDT
(Newser) - Warren Buffett swooped in yesterday with one of his patented moves, his first during the current market turmoil. He purchased Constellation Energy Group, Baltimore’s large hometown energy supplier, after its stock plummeted by 60 percent since Monday, the Sun reports. As investors fled the company, Buffett saw opportunity, adding... More »

MORE ABOUT:
Warren Buffett • energy industry • Berkshire Hathaway • energy markets • Oracle of Omaha • Constellation Energy Group

 Oil Prices Jump $1 as Gustav Shuts Down Gulf Operations

Investors react to storm threat

Sep 1, 08 4:35 AM CDT
(Newser) - Hurricane Gustav helped boost oil prices today by more than $1 a barrel as energy companies shut down production facilities in the storm's path, reports Reuters. US crude rose $1.54 to $117 per barrel this morning, after briefly surging to over $118 when NYMEX opened for electronic trading hours... More »

MORE ABOUT:
gas prices • Gulf of Mexico • energy markets • Gulf Coast • oil production • oil prices • Hurricane Gustav

ANALYSIS

McCain's Energy Record Reveals Muddled Mess

Some see pragmatism, others inconsistency in GOP candidate's votes

Jul 1, 08 4:38 PM CDT
(Newser) - John McCain can’t seem to settle on a comprehensible energy policy, Noam Levey writes in the Los Angeles Times, noting that the Republican has been on both sides of issues from oil drilling to ethanol. He favors fuel-efficiency standards while rejecting renewable-sources guidelines and rejects tax breaks on renewables... More »

MORE ABOUT:
John McCain • ethanol • renewable energy • tax breaks • energy markets • nuclear fuel • contradiction

7 Stories


from our news partners