Crude oil prices were mainly flat on Monday, recovering from three-month lows as OPEC members are still at odds over how to share output cuts, a report said. Brent crude futures closed at $44.43 per barrel, down 0.72 percent, after slipping as low as $43.57. U.S. crude shed 0.2 percent to settle at $43.32, after reaching a low of $42.20. Both benchmarks' session lows were the weakest levels since August 11.
read more... 15/11/2016
Russian President Vladimir Putin informed Germany's Chancellor Angela Merkel on Monday of the risk of Ukraine siphoning off Russian gas intended for Europe, as stated by the Kremlin.
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According to a recent analysis released by the Global Carbon Project, last year global carbon dioxide emissions remained flat in spite of global GDP rising more than three per cent.
read more... 14/11/2016
On Friday, Bulgaria and Romania have opened a new natural gas pipeline as part of Sofia’s objective to reduce its reliance on Russian gas. Bulgaria currently imports more than 90 percent of its gas from Russia’s Gazprom.
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The prime ministers of India and Japan have saluted the signature of a nuclear cooperation deal between the two nations. Narendra Modi and Shinzo Abe declared the accord reflects a new level of reciprocal confidence and strategic partnership for renewable energy, economic growth and a peaceful and secure world.
read more... 14/11/2016