Royal Dutch Shell is loyal to development in Russia, in spite of sanctions imposed on the country following its seizure of Ukraine's Crimea region, as told by the Chief Executive Ben van Beurden to Russian President Vladimir Putin at a meeting on Friday.
read more... 22/04/2014
Brent crude oil declined on Thursday, holding below $100 a barrel after a four parties meeting in Geneva which called for an immediate halt to violence in Ukraine, while WTI crude oil increased on upbeat economic figures. Brent crude for June delivery, which was backed in recent days by intensified unrest in Ukraine, closed down 7 cents at $109.53 a barrel, after earlier touching a peak of $110.19 ahead of the meeting in Geneva. Meanwhile, U.S. oil for delivery in May rose 54 cents to settle at $104.30 a barrel, after having previously hit a high of $104.78 a barrel.
read more... 18/04/2014
Brent crude oil dropped below $109 a barrel on Tuesday, ahead of a U.S. Federal Reserve meeting during which the central bank may decide to slash its stimulus programme.
read more... 18/12/2013
On Monday, the National Infrastructure, Energy and Water Minister Silvan Shalom and the Italian Economic Development Minister Flavio Zanonato, during a meeting in Rome, have presented the idea of exporting some of Israel’s natural gas to Italy, as Israel still has to decide where to export the amounts allocated for exports of natural gas. Both the Ministers agreed that Israeli natural gas exports to Italy are a common interest of both countries.
read more... 04/12/2013
Brent crude oil traded higher on Monday as supply disruptions in Europe offset previous’ week losses, while cautious investors were eager for the results of U.S. Federal Reserve meeting. Supply disruptions in Libya, Iraq and elsewhere have withdrawn over 500,000 barrels per day from the market.
read more... 30/07/2013