Oil prices slipped on Wednesday, on data showing an unexpected rise in U.S. inventories. Meanwhile, US sanctions against Iran and Venezuela and OPEC-led supply cuts limited losses. Brent crude edged 0.1% lower at $69.31 a barrel, while WTI futures traded 0.2% down at $62.46 a barrel.
read more... 04/04/2019
France’s Total said on Wednesday it has signed a 10-year sales and purchase deal with China’s independent gas company Guanghui for annual supply of 0.7 million tonnes of liquefied natural gas (LNG).
read more... 04/04/2019
GE Renewable Energy, the renewables-focused unit of General Electric Co, will be supplying turbines for the 342-MW Phoenix onshore wind project in the Spanish region of Aragon, the company said Wednesday.
read more... 04/04/2019
PJSC Lukoil, the Ministry of Energy of the Republic of Kazakhstan and JSC NC KazMunayGas have concluded a contract for the exploration and development of hydrocarbons on the Zhenis block in the Kazakh Sector of the Caspian Sea. Zhenis Operating LLP (50/50 joint venture between Lukoil and KazMunayGas) will be operator of the project.
read more... 04/04/2019
Oil prices inched up on Tuesday, hitting their peak in 2019, supported by additional sanctions against Iran and Venezuela. Brent crude edged 0.5% higher at $69.37 a barrel, while WTI futures gained 1.6% to end at $62.58 a barrel.
read more... 03/04/2019