Global Energy Industry News

COLUMN-Global freight is sluggish and downside risks have increased: Kemp

March 10, 2016
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LONDON, March 10 (Reuters) – Global distillate markets remain heavily oversupplied but the glut will not clear unless the world economy avoids recession and there is a renewed acceleration in freight demand.

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Source:: Reuters UK Natural Resources […]

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Indian reforms aim to unlock $40 bln of oil and gas output

March 10, 2016
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NEW DELHI/MUMBAI, March 10 (Reuters) – India said on Thursday it hoped to unlock gas and oil resources worth almost $40 billion by simplifying licensing rules and offering price incentives to recover gas from difficult offshore fields.

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Source:: Reuters UK Natural Resources […]

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BRENT CRUDE FUTURES EXTEND LOSSES, NOW DOWN $1.11 AT $39.96 A BARREL

March 10, 2016
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BRENT CRUDE FUTURES EXTEND LOSSES, NOW DOWN $1.11 AT $39.96 A BARREL

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Source:: Reuters UK Natural Resources […]

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India moves to boost energy output

March 10, 2016
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Measures hailed as step-change by BP as New Delhi looks to encourage exploration Read full story ›

Source:: FT.com Oil and Gas […]

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