All news: page 19

Belgrade. The section stretches from the Bulgarian border to the city of Cuprija, the report reads. Currently construction works are underway at the second part from Cuprija to the Danube. Overall, the plan is to construct four sections. The gas pipeline is planned to be compelted by the year ...

Singapore. Oil prices slipped on Tuesday, offsetting narrow gains in the previous session, as sluggish demand forecasts countered expectations that major producers would prop up oil prices by limiting crude oil output. International benchmark Brent crude futures LCOc1 were down 18 cents or ...

Moscow. All Caspian Sea littoral states (Russia, Azerbaijan, Iran, Kazakhstan and Turkmenistan) have the right to take part in the environmental reviews of cross-border projects, which can affect the Caspian Sea environment, First Deputy Head of the Russian Government Office Sergei Prikhodko ...

Moscow. A top US shale executive said that it may only be the Midland basin in the Permian that can grow production beyond 2025. Aside from Midland, every other shale basin may be on borrowed time, with the best acreage already picked over and oil prices languishing below $60 per barrel. ...

Baku. The oil market will be continuously changing till the end of 2019, Abhishek Kumar, head of analytics department at Interfax Global Energy, told Trend. The expert stressed that the extension of the agreement on the reduction of oil production by OPEC + will minimize the likelihood of ...

Moscow. Russia’s Rosneft, Lukoil and Gazprom companies have shown interest in developing oil and gas fields in Turkmenistan, First Deputy Head of the Russian Government Office Sergei Prikhodko told reporters. He noted that the energy sector and, in particular, the gas industry ...

Seoul. Oil prices dipped on Monday amid worries about an economic slowdown and the Sino-U. S. trade war, which have led to a cut in the growth outlook for oil demand. International benchmark Brent crude futures LCOc1 were at $58. 35 a barrel by 0249 GMT, down 18 cents, or 0. 3%, from ...

New York. New York accused Exxon Mobil Corp. of trying to discourage potential witnesses in a state lawsuit alleging the oil and gas company misled investors about the financial impact of climate change. Exxon is swamping investors and financial advisers who may be called to testify with ...

Oslo. The world’s largest sovereign wealth fund shocked the world when it said it was dumping oil and gas stocks, but it seems to have had a change of heart. The initial proposal of the fund—which has amassed its vast wealth from none other than Norway’s oil and gas ...

Minsk. Belarusian oil refineries determine where and how much produce they want to sell depending on the profit margin, the press service of the Belarusian state petrochemical concern Belneftekhim told BelTA in response to reports that Mozyr Oil Refinery has increased diesel fuel deliveries to ...

St. Petersburg. Gazprom Neft announces its consolidated IFRS financial results for the first six months (H1) and second quarter (Q2) of 2019. Gazprom Neft’s revenue in the first six months of 2019 totalled RUB1. 215 trillion, an increase of 6. 8% year-on-year, with higher production ...

Seoul. Oil prices fell on Friday amid fears over demand as the U. S-China trade row casts its shadow over markets, although prices got some support from expectations of more OPEC production cuts. International benchmark Brent crude futures, were at $57. 20 a barrel by 0324 GMT, down 18 ...

Ankara. Turkish drilling vessel Yavuz has begun oil and gas exploration near the northern tip of Cyprus, Turkish Minister of Energy and Natural Resources Fatih Donmez said, Trend reports citing Turkish media. The minister noted that the wells were drilled to a depth of 1700 meters. He ...

Arkhangelsk. Research facilities on the Flora Cape, Franz Josef Land, will switch to using renewable energy sources (RES) by 2021. Presently, the national park’s other three research facilities are backed up with alternative energy sources, the Russian Ministry of Natural ...

Baku. Azerbaijan exported 769. 90 million cubic meters of gas to Turkey in May 2019, which is 28. 04 percent more compared to the same period last year (601. 30 million cubic meters), Trend informs referring to a report posted on the website of Turkey’s Energy Market Regulatory Authority ...

Minsk. Belarus’ trade turnover has dropped due to the problems with Russian oil supplies, the country’s President Alexander Lukashenko said at a meeting with outgoing British ambassador to Minsk Fionna Gibb on Wednesday, adding that the republic’s economy needs diversification. ...

Singapore. Oil futures jumped more than $1 a barrel on Thursday amid a weaker dollar, recovering ground after concerns that a global economic slowdown would hurt crude demand sparked losses of over 4% in the previous session. Brent crude had rebounded to $57. 52 a barrel, up $1. 29, or 2. ...

Washington. China is expected to start avoiding U. S. crude oil imports as trade tensions ratchet up, according to traders and analysts, ensnaring a key commodity that has largely escaped the tit-for-tat trade war. After tensions escalated over the past week, some Chinese buyers will ...