Investments

Investments
May, 20, 19:00:00

RUSSIA & CHINA: NO SANCTIONS

Russia is developing non-dollar financing and ties with China in the face of U.S. and EU sanctions

Investments
May, 20, 18:40:00

OIL PROJECTS CUTS $100 BLN

More than $100bn of spending on new projects by the world’s energy companies has been slowed, postponed or axed following the oil price plunge, evidence of the drastic industry action that will curb output in coming years.

Investments
May, 15, 18:45:00

U.S. OIL DOWN

EIA’s Drilling Productivity Report (DPR) for April had forecast a 57,000 b/d decline during May in total crude oil production from seven U.S. regions, which together accounted for about 95% of U.S. crude oil production growth during 2011-13. This was the first time the DPR had indicated a decline in expected production since the report was first issued in October 2013. Signs of declining U.S. tight oil production amid lower crude oil prices have been a widely watched market indicator of firming oil market balances. The latest DPR, released on May 11, expects a further decline in crude oil output from the seven regions during June. Overall, EIA is now projecting U.S. oil production to average 9.2 million b/d in 2015, 40,000 b/d lower than in last month’s forecast.

Investments
September, 1, 17:40:00

RENEWABLE ENERGY: GROWING RISKS

Policy uncertainty threatens to slow renewable energy momentum. IEA forecast sees renewable power as a cost-competitive option in an increasing number of cases, but facing growing risks to deployment over the medium term.

Investments
July, 16, 18:50:00

MADRID APPROVES CANARIES

Madrid to approve Canaries drilling as oil trumps renewables

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