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Siemens and Bolivia ink billion-euro energy memorandum of understanding
German industrial conglomerate Siemens has inked with Bolivia a long-term energy collaboration accord estimated at more than a billion euros ($1.1 billion), as it stated on Friday.
read more... 09/11/2015
BP signs agreement to hasten development of Atoll gas field in Egypt
UK-based oil and gas major BP has inked a heads of agreement (HoA) with the Egyptian Minister of Petroleum to accelerate the expansion of the Atoll gas field in the country.
read more... 09/11/2015
Daily: European coal prices soar on approaching winter peak demand season
Crude oil futures recorded their lowest settlement level in more than a week, dragged down by increasing crude inventories in the United States and the dollar appreciation. West Texas Intermediate (WTI) crude for December delivery fell $1.12, or 2.4%, to settle at $45.20 a barrel on the New York Mercantile Exchange. That was the lowest level since October 27. Brent crude on London’s ICE Futures exchange decreased by 60 cents, or 1.2%, to close at $47.98 a barrel, with prices also at their lowest close in over a week.
read more... 06/11/2015
Daily: Crude oil prices rebound by 4% on production disruption concerns in Brazil, Libya
Crude oil prices rebounded by about 4 percent on Tuesday as a hike in U.S. gasoline and diesel after a disruption on a key pipeline system added further support to oil markets already buoyed by an industry strike in Brazil and force majeure for Libyan crude loadings. Brent crude edged $1.75 higher, or 3.6 percent, to settle at $50.54 a barrel, after hitting a peak of $50.91 during the session. U.S. crude boosted $1.76, or 3.8 percent, to close at $47.90. The session's peak was $48.36.
read more... 04/11/2015
France and China ink $22 billion nuclear agreement on Hollande visit
France and China inked an industrial cooperation accord on nuclear waste recycling that could be estimated at 20 billion euros ($22 billion), with approximately half of the market for Areva SA, as stated by to the French government. Areva shares increased.
read more... 03/11/2015