Latest news
Chinese Energy Company buys from Qatar 14 % share in Rosneft
Chinese energy company is ready to pay around $9 billion for 14% share in Russian oil giant PAO Rosneft.
read more... 11/09/2017
Solar panel prices will go high as EU sets up tariff on Chinese imports
Analysts foresee a price increase up to 30% on Chinese solar modules because of duties to be applied by EU.
read more... 11/09/2017
Statoil: Sanctions are not an obstacle for the oilfield agreement with Rosneft
Norway’s Statoil declared that the deal with Russia’s Rosneft aiming to develop the onshore North Komsomolskoye oilfield was according to the European Union and U.S. sanctions on Russia over the conflict in Ukraine.
read more... 08/09/2017
Russia and Egypt start to build Dabaa nuclear plant
Russian leader Vladimir Putin has been invited by Egypt’s president, Abdel-Fattah el-Sissi to witness the nuclear power plant construction kick-off in Dabaa.
read more... 06/09/2017
Daily (05.09.2017): Brent price down by 0.8% on Monday, while WTI crude up amid reviving U.S. refineries
Brent price fell on Monday, after North Korea detonated a hydrogen bomb sparking a powerful 6.3 magnitude earthquake, 'escalating' nuclear crisis. This triggered a shift away from crude markets to assets perceived to be safer, such as gold. Brent crude edged $0.41, or 0.78% lower at $52.34. Meanwhile, the WTI had an opposite trend, growing by 0.23% to settle at $47.40 a barrel, as U.S. refineries that use crude to make fuel were gradually starting up again, along with the pipelines transporting products. This is a potentially bullish development for the WTI crude oil.
read more... 05/09/2017