Energy Sector

Duterte Opens Philippines To Foreign Investment

Philippine President Rodrigo Duterte pledged to open the teleceommunications and energy sectors of the country to foreign investors. He also expressed his firm intention to combat corruption and pretectionism that hinders economic growth.

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Energy And Health Sectors Are Monday's Laggards

The sectors of energy and health are showing major low performances.

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Energy stocks propels Wall Street profits following oil price rally

Wall Street ended higher on Tuesday trading session as energy stocks rallied helped by increasing crude prices. The US crude prices reached its new height in 2016.

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Shell reportedly plans to dispose of its North Sea assets

Royal Dutch Shell is reportedly seeking buyers for its North Sea assets following the merger with BG. The oil company intends to raise $30 billion from the sale of its global assets in order to balance the BG merger expenses.

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Energy stocks hurt by oil price slump

Wall Street faced slight losses in the stock market on Monday as the drop in oil price burdened energy stocks. Investors are shying away from these energy stocks owing to the fall in crude prices.

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Carl Icahn lost $90 million in his portfolio

Two of the many energy related shares in Carl Icahn portfolio's plunged on Monday trade causing the activist investors a paper loss of $90 million. The two companies are Chesapeake Energy Corp. and Transocean Ltd.

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Valeant Pharmaceuticals and Energy Sector Boost TSX

Valeant Pharmaceuticals and energy sector boost TSX

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Valeant Pharmaceuticals and Energy Sector Boost TSX

Valeant Pharmaceuticals and energy sector boost TSX

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