Tag Archives: Reuters International News Agency

NOC said the deal would allow production to begin immediately in Wintershall'.s concession areas in eastern Libya. NC 96 and NC 97.

Carbon prices under the European Emissions Trading System have fallen to about 5 euros a ton from about 30 euros in 2008 because of a glut of permits.

Saudi Arabia is reducing its oil exports to Asia by around 7 million barrels this month.

Statoil has invested more than $10 billion in Brazil. making it the country'.s largest foreign offshore operator.

China'.s Unipec. the trading arm of state oil major Sinopec. is planning to ship jet fuel from Asia to Europe for the first time in several years.

Short-term variations in supply won’t affect the long-term trend of declining inventories. Al-Falih said.

Crude prices fell about 4 per cent this week after US data showed a surprise 3.3 million barrel rise in crude inventories to 513.2 million barrels.

Tehran is looking to ramp up its crude output and with 37 billion barrels of oil.

Germany'.s Uniper. Austria'.s OMV and France'.s Engie are working with Gazprom on the plan.

According to BP’s Energy Outlook 2035. coal’s dominance in China’s energy mix will continue to decline. from 64 percent in 2015 to 42 percent in 2035.