Energy Industry
Global stocks, oil turn lower ahead of Fed meeting
Major stock markets and the price of oil turned lower on Monday as investors looked ahead to the Fed's meeting in Jackson Hole, Wyoming, for clues on timing for possible interest rate hikes
Asian stocks mixed ahead of Fed meeting
Asian stocks were mixed Monday as investors looked ahead to the Fed's Jackson Hole meeting for signs of a possible time line on interest rate hikes
Australia formally bans Chinese from leasing power grid
Australia's treasurer has formally blocked Chinese bidders from leasing a Sydney electricity grid, saying the deal would not have been in the nation's best interest
Massive dam project at center of China-Myanmar talks
Efforts by Myanmar leader Aung San Suu Kyi to improve ties with China may hinge on whether she resolves the fate of a massive, Chinese-funded dam project stalled due to overwhelming local opposition
Global stocks drift lower as investors await US data
Shares were lower across global markets on Tuesday in sluggish trading, while oil prices resumed gains
Miner BHP Billiton suffers $6.4 billion loss for 2015-16
The world's biggest miner, BHP Billiton, on Tuesday reported a $6.4 billion loss _ the Anglo-Australian company's worst ever full-year result
Asian stocks drift pending fresh news; oil takes a breather
Asian stock markets drifted sideways on Tuesday as the price of oil took a breather from a three-day rally
Australian official rejects criticisms of China investor ban
Australia's treasurer has rejected accusations that the true reason his government plans to ban Chinese bidders from leasing a Sydney electricity grid is to appease influential lawmakers with xenophobic views
Explosion of steam pipe at Chinese power station kills 21
An official report says a high-pressure steam pipe has exploded at a power station in central China, killing 21 people and injuring five others
Australia to ban Chinese from leasing Sydney power grid
Australia has announced it plans to block Chinese bidders from leasing a major Sydney electricity grid on national security grounds