Tag Archives: International

Major oil producers except Mexico agreed to cut output in May and June by 10 million barrels per day, OPEC said on Friday, after marathon talks to counter a collapse in prices. The videoconference led by the Organization of the Petroleum Exporting Countries has been seen as the best chance …

This value marked an increase of 111.1% over the previous month but a drop of 42.1% when compared with the last 12-month average of $10.2bn.

Customers will now be able to choose the type, origin and the source of their renewable energy.

The energy firm will provide healthcare staff with €50m gasoline vouchers.

The project will contribute to the scientific study of greenhouse gases and water-cycle, to track climate change and help prevent natural disasters.

From today, drivers of clean cars will be eligible to pay no benefit-in-kind tax, in contrast to the current 16%.

The oil price slump following failure of OPEC+ talks in March is the biggest blow to the oil market since the third oil shock; a new scenario is emerging for the oil market.

A crunch videoconference meeting between the Organization of the Petroleum Exporting Countries (OPEC) and Russia started on Thursday evening.

OPEC+ countries will discuss on Thursday the creation of a new agreement to reduce oil production with the possible participation of other major oil producing states to stabilize the situation on the market, which came under pressure from the novel coronavirus (COVID-19) pandemic. The meeting will be held in the …

Oil prices climbed on Thursday, hours before the world’s largest oil producers are scheduled to meet to discuss output cuts as the coronavirus pandemic ravages demand. Brent crude futures rose 2.5 percent or 81 cents to $33.65 as of 00:34 GMT after touching a high of $33.90, adding to gains …