US Oil Slides to Four Year Low
Oil fell to multi-year lows on ceasefire optimism while oversupply concerns also weighed on prices.
Nieuws
-
-
Tokyo Gas to Invest in USA Downstream Assets
Tokyo Gas Co., Japan's biggest distributor of the fuel, plans to invest in U.S. downstream assets.
-
Texas Oil, Gas Upstream Jobs Fall in September
'The recent downward cycle of the upstream job count confirms Texas is not immune to circumstances facing global oil markets', TXOGA President Todd Staples said.
-
Finnish Refiner Says It Won't Meet 2035 Oil Exit Goal
Finland's Neste Oyj is scaling back some of its climate targets.
-
Uniper Approves Its First Scottish Solar Project
The German power and gas utility expects to achieve generation at the 45-MW Berryhill Solar Farm just north of Dundee next year.
-
Strategists Say Oil's Fermi Paradox Nearing an End
Macquarie strategists, including Vikas Dwivedi, noted that oil's 'Fermi Paradox [is] nearing an end', adding that 'onshore stocks [are] starting to build'.
-
BP, Eni Exit Two Angola Producing Assets
A consortium between BW Energy and Maurel & Prom signed an agreement with Azule Energy, a 50-50 venture between BP and Eni, to acquire Azule's non-operating stakes in Block 14 and Block 14K offshore Angola.
-
WoodMac Says Eni Find Reinforces Kutei as One of Hottest Plays
'It provides options for Indonesia as the nation balances domestic demand needs with future export opportunities', Andrew Harwood, Wood Mackenzie Vice President, Corporate Research, said.
-
Equinor Greenlights Johan Castberg Tieback
Equinor and its partners agreed to proceed with the first project to be connected to the Johan Castberg field, which started production earlier this year as only the third development on Norway's side of the Barents Sea.
-
China Fossil Fuel Generation Set for First Drop in Decade
China's fossil fuel power plants are on track to chart their first annual drop in generation in a decade as renewables flood the grid to meet rising demand.