Kurdistan / Reuters Genel Energy’s main Taq Taq oil field in Iraqi Kurdistan has seen falling output in 2017 but the rate of decline has slowed recently, the company said in a statement prepared for its annual general meeting on Tuesday. Shares in Genel, which have fallen more than 92 percent since its peak in 2014, were down 3.2 percent ...

Bloomberg Looking for a rare bright spot in US coal? Consider Nebraska, the only state producing more electricity from the fossil fuel than it did a decade ago, according to a Bloomberg analysis of US government data. While America’s slashed its coal-fired electricity generation by more than a third between 2006 and 2016 — creating havoc for the coal sector, ...

Bloomberg Oil dropped to the lowest level in more than three weeks as the market refocused on glut concerns after a diplomatic clash involving Saudi Arabia and Qatar was seen as having a limited impact on supply. Futures dropped 0.6 percent in New York, after rising as much as 1.6 percent earlier in the session. Saudi Arabia, Bahrain, the United ...