Bloomberg New York *Dollar plunges by the most since January on Fed’s surprise; further losses may hinge on economies outside US perking up The Bloomberg dollar index tumbled 0.5% on Wednesday, making…
Oil majors rush to dominate US shale as independents scale back
In New Mexico’s Chihuahuan Desert, Exxon Mobil is building a massive shale oil project that its executives boast will allow it to ride out the industry’s notorious boom-and-bust cycles. Workers at its…
LNG slump seen close to end as price collapse stimulates demand
Bloomberg London/Singapore Liquefied natural gas prices may be about to hit the bottom after losing more than a third of their value this year. Sellers of the world’s fastest-growing fossil fuel may…
Germany : Siemens to explore gas turbine deal with Asian partner
Mar 22, 2019 (Euclid Infotech Ltd via COMTEX) — Siemens AG is exploring a combination of its large gas turbine business with an Asian partner, according to people familiar with the matter….
Oil trader Vitol says demand will grow for 15 more years
Oil tanker is seen at sunset anchored off the Fos-Lavera oil hub near Marseille, France (file). Vitol Group, the world’s biggest independent oil trader, expects global demand for the fuel to continue…
GECF chief: Qatar proved its ability in overcoming challenges
QNA /Doha Qatar has established itself as one of the largest producers and exporters of natural gas in the world after it proved its ability in overcoming challenges, Secretary-General of the Gas…
Exxon’s talks to tap Algeria shale gas falter due to unrest – sources
* Exxon, Sonatrach met in Houston to discuss Ahnet field * Exxon opted to suspend process due to violence in Algeria * Discussions part of tightening ties between companies By Lamine Chikhi,…
An open letter to U.S. Secretary of State Mike Pompeo
RE: Your Visit to Lebanon – Energy Diplomacy Dear Mr. Secretary: Your visit to Lebanon comes at a moment of both rare opportunity and significant peril for this part of the world….
رسالة مفتوحة إلى وزير الخارجية الأميركي: زيارتك إلى لبنان… ديبلوماسية الطاقة
السيد الوزير، تأتي زيارتكم إلى لبنان وقت يقف هذا الجزء من العالم امام فرصة نادرة للتطور وخطر كبير للانفجار، ولست أشير إلى هذين الامرين المهمين كمواطن لبناني فحسب، وانما بصفتي شخصاً يقيم…
The world is not on a sustainable path, BP chief exec says
The world is moving in the wrong direction in its fight against climate change, and BP Chief Executive Bob Dudley said that energy companies must step up and play their part to…