Tag Archives: Trend News Agency

Eni Sells some Stakes to Snam

Eni has inked a deal with Snam to sell its 49.9 percent stake (directly and indirectly owned) in certain companies operating two groups of international gas pipelines connecting Algeria to Italy, Trend reports with reference to Snam. In particular, the perimeter of the transaction includes the onshore gas pipelines running …

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Oil Prices Rise ahead of OPEC+ Meeting

Oil prices rose on Friday as traders await a key meeting by the Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, Trend reports citing Xinhua. The West Texas Intermediate for November delivery added 85 cents to settle at 75.88 U.S. dollars a barrel on the …

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Iran, Venezuela Sign Oil Export Deal

Iran and Venezuela have inked an oil contract to counter the sanctions the United States has imposed on both nations’ oil exports, Trend reports citing Mehr. Venezuela has agreed to a key contract to swap its heavy oil for Iranian condensate that it can use to improve the quality of …

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Oil Prices Fall amid Weaker-than-Expected U.S. Jobs Report

Oil prices declined on Friday as market sentiment was dented by a disappointing U.S. jobs report, Trend reports citing Xinhua. The West Texas Intermediate for October delivery lost 70 cents to settle at 69.29 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for November delivery decreased …

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Iran not Abandoning Nuclear Talks

Iran has not abandoned discussions between the 4+1 Group on Iran’s nuclear program in Vienna, Austria, the Spokesman of the Ministry of Foreign Affairs of Iran, Saeed Khatibzadeh said in a press conference, Trend reports citing the ministry. According to Khatibzadeh, if the US returns to its obligations under the …

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