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2016-09-15 18:40:00

UNSTABLE OIL PRICES

UNSTABLE OIL PRICES

BLOOMBERG wrote, oil prices will become more volatile after next year amid under-investment in production and uncertain growth in demand, Suncor Energy Inc. Chief Executive Officer Steve Williams said.

Crude prices will rise through next year and become more volatile for the following two to five years, Williams said at the Toronto Global Forum. Suncor can operate "successfully" with oil prices between $35 and $40 a barrel, he said.

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Tags: OIL, PRICES, INVESTMENT, SUNCOR
Chronicle:
UNSTABLE OIL PRICES
2019, April, 22, 08:20:00

AZERBAIJAN OIL PLATFORM $6 BLN

BP and partners have sanctioned the Azeri Central East (ACE) project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oilfield complex in the Azerbaijan sector of the Caspian Sea.

UNSTABLE OIL PRICES
2019, April, 22, 08:15:00

CONOCO SELLS BRITAIN $2.67 BLN

ConocoPhillips's gas-focused North Sea assets pumped 72,000 b/d of oil equivalent last year, and the acquisition will help boost Chrysaor's total production this year to over 185,000 boe/d, Chrysaor said in a statement.

UNSTABLE OIL PRICES
2019, April, 22, 08:10:00

BRITAIN'S RENEWABLE 33%

Renewable energy sources generated approximately 33 per cent of Great Britain’s electricity over the first quarter of 2019, according to new figures published by energy consultancy EnAppSys, with wind energy accounting for over 60% of renewable generation.

UNSTABLE OIL PRICES
2019, April, 22, 08:05:00

TURKEY, GERMANY RENEWABLE

To further explore opportunities for bilateral energy expansion, Turkish Energy and Natural Resources Minister Fatih Dönmez and German Federal Minister for Economic Affairs and Energy Peter Altmaier met in Ankara for the second Turkish-German Energy Forum in October last year to sign a letter of intent to enhance the Turkish-German energy partnership.

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