Latest news
EDF and China’s CGN obtain EU authorization for Hinkley
The projected partnership between EDF and China’s CGN for nuclear projects in the UK has been given the approval by the European Commission.
read more... 11/03/2016
Gazprom borrows 2 bln euros from Bank of China
Russian gas giant Gazprom has lent 2 billion euros ($2.2 billion) from Bank of China's London arm, the company's largest loan agreement from a single credit institution.
read more... 04/03/2016
Petrobras secures a $10 billion loan from China
Brazil’s state-controlled oil producer Petroleo Brasileiro (Petrobras) has secured a $10 billion loan from China Development Bank Corp to help pay most of its 2016 debt.
read more... 01/03/2016
Daily: Crude oil rebounds 3% on China measures to boost economy, decline in crude oil output
Crude oil prices rose 3 percent on Monday after China took measures to boost its slowing economy, a reduction in crude output from OPEC and the U.S., and an engagement by Saudi Arabia to curb market volatility. Brent crude's front-month contract for April delivery climbed 87 cents, or 2.5 percent, to settle at $35.97 a barrel before expiring and going off the board. Brent for May delivery increased $1.13, or 3.2 percent, to close at $36.57 a barrel. U.S. crude's front-month contract added 97 cents, or 3 percent, to stand at $33.75.
read more... 01/03/2016
French Total inks 10-year supply agreement with China’s ENN
French oil and gas giant Total has inked a binding Heads of Agreement with ENN LNG Trading for the delivery of 500,000 tonnes per year of liquefied natural gas (LNG) for a period of 10 years.
read more... 04/02/2016