Global Energy Industry News

Paris deal ‘departing station’ for climate action – UN’s Figueres

October 27, 2015
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LONDON, Oct 27 (Thomson Reuters Foundation) – A new global deal to combat climate change, due to be agreed in December in Paris, must be “the departing station” for more ambitious efforts to move the world away from fossil fuels, the United Nations’ top climate official said this week […]

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BP: Maxed out at $60 per barrel

October 27, 2015
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After the oil-price apocalypse Read full story ›

Source:: FT.com Oil and Gas […]

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Moody’s lowers oil price assumptions on oversupply and weakening demand

October 20, 2015
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By hellenicshippingnews Moody’s Investors Service has lowered its price assumptions for Brent crude and West Texas Intermediate crude as the rating agency believes that oil prices will rise at a slower pace in 2016-17 than previously expected. Moody’s has also pushed out its price assumptions […]

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REUTERS SUMMIT-Vitol sees oil struggling to break above $60/bbl by end-2016

October 20, 2015
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* Vitol CEO sees global demand growth in 2016 at 1.35 mln bpd

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Source:: Reuters UK Natural Resources […]

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