Global Energy Industry News

Russia’s rising oil exports expose holes in output deal

March 24, 2016
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MOSCOW, March 24 (Reuters) – Russia will export more oil to Europe in April than it has in any month since 2013 – despite Moscow’s plan to sign a global agreement on freezing production in a bid to lift the price of crude.

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Source:: Reuters UK […]

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OIL PRICES EXTEND LOSSES, BRENT CRUDE FALLS $1, AS DOLLAR STRENGTHENS AND U.S. STOCK FUTURES WEAKEN

March 24, 2016
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OIL PRICES EXTEND LOSSES, BRENT CRUDE FALLS $1, AS DOLLAR STRENGTHENS AND U.S. STOCK FUTURES WEAKEN

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Source:: Reuters UK Natural Resources […]

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Iran’s oil storage struggle holds back exports to Europe

March 24, 2016
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LONDON, March 24 (Reuters) – Iranian oil flows to Europe have begun to pick up from a slow start after sanctions were lifted in January, but trading sources say a lack of access to storage part-owned by Tehran’s Gulf Arab rivals now looms large on a list […]

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China leads as green energy investment plans hit record high

March 24, 2016
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FRANKFURT, March 24 (Reuters) – China helped push global green energy investment plans to record heights in 2015, offsetting a sharp fall in Germany, authors of a U.N.-backed report said on Thursday, predicting further growth.

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Source:: Reuters UK Natural Resources […]

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