Japan's firms fear summer meltdown in nuclear-free nation

TOKYO: Japan's hard-hit manufacturers are facing a long summer with businesses making everything from ice creams to crayons fretting production may be hampered as the now nuclear-free nation faces energy cuts.

Oil down to near $94 on China, Europe concerns

Oil prices dropped to near $94 a barrel Monday due to concerns that China's economy, the world's second-largest, is slowing faster than expected as well as speculation that Greece could abandon the euro currency bloc.

Centrica shareholders revolt against executive pay

Centrica has become the latest company to feel the force of the “shareholder spring” as more than 16pc of its investors failed to back its executive pay - on the same day it warned household bills were set to rise even further.

Oil prices fall on weak China data, Europe woes

Oil prices dropped Friday as traders worried about disappointing Chinese economic data and debt-wracked Greece, where an election was almost certain after austerity opponents blocked a new government.

Turning natural gas into diesel fuel

NEW YORK (CNNMoney) -- Near-record low natural gas prices have hurt the industry, but a technology that can turn cheap gas into more profitable diesel could keep demand high and mitigate the impact of falling costs.

Japan shuts down last nuclear reactor

Tokyo (CNN) -- As Japan began its workweek Monday morning, the trains ran exactly on time, the elevators in thousands of Tokyo high-rises efficiently moved between floors, and the lights turned on across cities with nary a glitch.

BP may get second chance in Arctic through Rosneft tie-up with TNK-BP

BP could be handed a second shot at exploring for oil offshore in the Arctic with Russia's Rosneft, in a possible tie-up through its joint venture TNK-BP.