2019

Norway’s $1 trillion sovereign wealth fund should shift billions in investments from European stock markets and instead invest more in the United States and other North American markets to seek higher returns, the fund’s manager recommended on Tuesday.

BP announced that it has agreed to sell its entire business in Alaska to Hilcorp Alaska, based in Anchorage, Alaska. Under the terms of the agreement, Hilcorp will purchase all of BP's interests in the state for a total consideration of $5.6 billion.

Brent was up 38 cents, or 0.64%, at $59.72 a barrel, WTI was up 54 cents, or 1%, at $54.71 a barrel.

“This escalation of the U.S.- China trade war is another step in the wrong direction, the consequences of which will be felt by American businesses and families,” said Kyle Isakower, API’s Vice President of Regulatory and Economic Policy. “In addition to the impacts on the U.S. economy and jobs, U.S. energy leadership and global competitiveness are threatened as U.S. natural gas and oil exports continue to serve as targets for retaliation.”

Перед отраслью стоят амбициозные задачи: к 2025 году увеличить добычу угля до 545 млн тонн, а к 2030 – до 590 млн тонн.

China has announced a 5% tariff on imported US crude oil in retaliation for US President Donald Trump’s recent escalation of the countries’ trade war.

India finds a partner in the UAE to achieve its ambitious dream of achieving a $5 trillion economy, Prime Minister Narendra Modi told the Emirates News Agency, WAM, in an exclusive interview.

Dubai and China have expressed keenness to enhance cooperation in energy-related areas, especially clean and renewable energy.

Nigeria's oil production hovered around 2.2 million b/d in the first week of August, compared with around 1.92 million b/d a year ago.

Germany imported 20.0% more gas in the first half of 2019 than a year earlier and its import bill rose by 14.8%, official data showed.