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Chevron, Total sanction $5.7bn development of Anchor oil field
Chevron and Total to move ahead with development of Anchor oil field. Photo: courtesy of C Morrison from Pixabay.
read more... 13/12/2019
Daily (12.12.2019): Brent crude down 1% on Wednesday following an unexpected increase in crude inventories
Oil futures ended lower on Wednesday after U.S. government data indicated a surprise increase in domestic supply in crude oil, as well as important gains in gasoline and distillate inventories. Brent crude for February delivery slipped by 62 cents, or around 1% to settle at $63.72 a barrel. WTI crude for January delivery declined 48 cents, or 0.8%, to close at $58.76 a barrel.
read more... 12/12/2019
Botas issues large tender for 30 LNG cargoes
Turkish oil and gas pipeline operator Botas is reportedly seeking 30 liquefied natural gas (LNG) cargoes for delivery over December 2019 to March 2020.
read more... 12/12/2019
Germany's EEG levy surplus decreased to €1.71 billion in November
The German EEG levy account, which funds Germany’s renewable energy programs, had a cumulative surplus of €1.71 billion ($1.89 billion) at the end of November. This is a small decrease of around €24 million compared to October.
read more... 12/12/2019
Japan lines up Russian Arctic oil investment
Japan’s government and its state-owned oil group have emerged as leading contenders for a stake in Rosneft’s $157bn Arctic project.
read more... 12/12/2019