04 Aug EU trade negotiators aim for 2016 U.S. trade pact

Posted at 14:23h in Global Energy Industry News

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* European Parliament gave mandate for further talks last month Read full story › Source:: Reuters UK Natural Resources       ...

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04 Aug Sinopec takes steps to reduce expenses

Posted at 14:22h in Global Energy Industry News

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By hellenicshippingnews Sinopec Group, the second-largest energy company in China, plans to cut costs by recalling 40 percent of its overseas staff in the wake of plunging oil prices. Up to 160 employees from Sinopec International Petroleum Exploration & Production Co, a subsidiary of the...

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04 Aug GLOBAL MARKETS-Respite for commodities as dollar wilts, China bounces

Posted at 14:22h in Global Energy Industry News

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* Brent oil stabilises above $50 a barrel after 5 pct drop * Subdued day for European bourses, Wall Street seen down 0.2 pct * Dollar softer after weak data, focus now on payrolls * China stocks bounce 3 pct, copper and other commodities firmer...

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03 Aug China Slows as OPEC Grows

Posted at 15:28h in Global Energy Industry News

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China's stock markets have been suffering considerable volatility, sending the central government scrambling in an attempt to pick up the pieces to support the crashing market. Although Chinese economic growth slowed during the past year and local companies' profits proved unsubstantial, investment in Chinese stocks...

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