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Eni looking to sell assets in Pakistan in portfolio rethink
The company is sounding out potential buyers for a series of oil and gas assets in the country and could have a deal in place before the end of the first quarter, one of the sources said.
read more... 14/12/2020
Daily (04.12.2020): Oil prices hit their highest levels since March after OPEC agreed to gradually increase production
Crude oil futures jumped to their highest levels since March after OPEC+ agreed to gradually return to the market 2 million barrels per day expected early next year, starting with 500,000 barrels per day in January, at the end of four days tough negotiations. The deal is a compromise meant to allow its members to benefit from rising prices without flooding the market. Hence, Brent crude increased by 1% to settle at $48.71 a barrel. Meanwhile, U.S. WTI crude rose by 0.8% to end at $45.28 a barrel.
read more... 04/12/2020
Russia's Gazprom Export begins gas supply to OMV in Germany under long-term deal
Gazprom Export has begun to supply gas to the trading arm of Austria's OMV for delivery into the German market under a new long-term contract, the Russian company said Dec. 2.
read more... 03/12/2020
Eni strikes deals to reopen Egypt's Damietta LNG plant
Eni said in a statement on Tuesday that the new agreements would pave the way for the liquefied natural gas (LNG) plant in the port city of Damietta to restart operations by the first quarter of next year
read more... 02/12/2020
RWE, Steag, Uniper, Vattenfall win coal closure deals
German utilities RWE, Steag, Uniper and Swedish utility Vattenfall will close some of their coal-fired plants, with a combined capacity of 4.4GW, after being successful in the first German tender for the closures of such facilities.
read more... 02/12/2020