News
2014, December, 14, 15:05:00
OIL PRICES: $60/BBL
World Oil Demand Outlook Cut Again; Sub-$60 Price Seen Holding
2014, December, 14, 15:00:00
OIL PRICES - 2015
4% Global Economic Growth Predicted to Boost Oil Price in 2015
2014, December, 14, 14:55:00
RUSSIA & EU CONFRONTATION
The last 48 hours witnessed a frenzy of diplomatic activities by Balkan and Southeastern countries with both Russia and Europe, underlining the importance of this area for the ongoing if relatively silent confrontation between Moscow and Brussels/Berlin.
2014, December, 14, 02:45:00
OPEC: OIL PRICES DOWN
The head of OPEC said on Sunday the group had no target price for oil, signalling no change to a policy to maintain production levels which has contributed to sharp falls in the price of crude, unnerving global markets.
2014, December, 14, 02:30:00
CHINA & KAZAKHSTAN AGREE: $10 BLN
China, Kazakhstan to sign $10 billion in deals including oil, infrastructure
2014, December, 14, 02:15:00
U.S. SHALE OIL: HEDGED & UNHEDGED
Oil's slide to the lowest price in more than five years is carving a divide between U.S. shale drillers who heavily hedged future production and those who didn't.
2014, December, 14, 02:00:00
LIBYAN OIL CONFLICT
Air strikes by forces loyal to Libya's recognized government on Saturday hit targets near the eastern oil ports of Ras Lanuf and Es-Sider to stop an advance by a rival force, officials said.
2014, December, 14, 01:45:00
REPSOL & TALISMAN: $8 BLN
Repsol, the Spanish oil group, is aiming to acquire Talisman Energy of Canada, in a deal that would value the target’s equity at up to $8bn
2014, December, 14, 01:30:00
MEXICO SETS RULES
Mexico has unveiled long-awaited initial contract terms for the first 14 oil and gas areas it is auctioning in a historic tender round starting next year. They impose a ban on oil majors teaming up to bid and a five-block limit on bids from any company or consortium.
2014, December, 14, 01:15:00
HALLIBURTON: TO LAY OFF 1000
Halliburton Co. , the world’s second-largest oilfield-services company, said Thursday it will lay off 1,000 employees outside the U.S.
2014, December, 10, 21:15:00
OIL PRICES: TREACHERY
Iran's President Hassan Rouhani said Wednesday that the sharp fall in global oil prices is the result of "treachery," in an apparent reference to regional rival Saudi Arabia, which opposed production cuts.
2014, December, 10, 21:10:00
OPEC CUTS DEMAND
Global demand for OPEC crude in 2015 is expected to fall to the lowest level in more than a decade and far below current output, the group said on Wednesday, pointing to a hefty supply surplus without OPEC output cuts or a slowdown in the U.S. shale boom.
2014, December, 10, 21:00:00
ROSNEFT GAS OPPORTUNITIES
Rosneft wants to step up gas production and become the second largest gas company in Russia.
2014, December, 10, 20:55:00
TO KILL SOUTH STREAM
EAST EUROPE SCRAMBLES FOR ENERGY AFTER PUTIN KILLS SOUTH STREAM
2014, December, 9, 21:20:00
OIL PRICES: UP & DOWN
The next few months are likely to be chaotic for the global energy industry