The Siemens consortium. which includes Turkey'.s Kalyon and Turkerler. submitted a bid of $3.48 cents per kilowatt-hour to beat a rival bid from Chinese firm Ming Yang.
Read More »Rising Iran`s Oil Exports to China
In the Middle East. the United Arab Emirates will take 111.000 bpd. up 3 percent from July.
Read More »London. New York Compete for Saudi Aramco IPO
American officials have provided little assurance that Aramco wouldn’t be a target of litigation. according to the people with knowledge of the situation.
Read More »OPEC Oil Price Down
The price for September futures of West Texas Intermediate (WTI) dropped by 0.14 percent and stood at $49.09 per barrel.
Read More »Libya Supply Drives OPEC Output to a 2017 high
Oil production has risen amid efforts to shift excess supplies.
Read More »BP: Oil Will Stay Below $55 in 2018
Brent crude oil prices were expected to remain broadly unchanged in 2018 as U.S. shale production is able to expand at these levels. effectively capping prices.
Read More »US Sanctions Against Maduro a `Blunt Attempt to Topple an Unpleasant Leader`
The US sanctions against Venezuelan President Nicolas Maduro is an attempt to oust the ".unpleasant". for Washington leader.
Read More »Zohr Field Makes Egypt Energy Exporter
Zohr was discovered by Eni in August of 2015 and. with a total potential of 850 billion cubic meters of gas in place. is the largest natural gas field ever discovered in the Mediterranean.
Read More »Shell Invests in Singapore Solar Firm Sunseap
Shell declined to reveal the amount invested by Shell Technology Ventures. the company'.s corporate venturing arm.
Read More »IAEA Celebrates 60th Anniversary
The agency helps countries that wish to use nuclear power to do so safely. securely and sustainably.
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