Global Energy Industry News

Oil Trades Near $50 as Europe Economic Data Counters Iraq Demand

October 24, 2016
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By hellenicshippingnews Oil traded near $50 as better-than-expected economic data in Europe countered Iraq’s demand that OPEC should exempt it from planned output cuts. Prices rose as much as 0.3 percent in New York. A Purchasing Managers’ Index for manufacturing and services in the […]

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IPC Bid Round: Prequalification

October 24, 2016
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The NIOC just announced that it is offering 50 fields to international bidders 29 of them oil fields and the remainder gas fields. What are the timelines of the prequalification process Deadline fo

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Source:: Oil Voice […]

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Singapore wants to be the world’s next LNG trading hub

October 24, 2016
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S Iswaran, Singapore’s Minister for Trade & Industry, talks about the city-state’s aspirations to create more opportunities for the LNG industry in Asia. Read full story ›

Source:: CNBC energy […]

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Oil prices drop as Iraq says doesn’t want to join OPEC cut

October 24, 2016
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Oil prices fell as Iraq said it wanted to be exempt from any deal by producer cartel OPEC to cut production to prop up the market. Read full story ›

Source:: CNBC energy […]

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