Reuters/Singapore China’s imports of liquefied natural gas (LNG) rose to another monthly record in January, even as the country grapples with high gas inventories amid a warmer-than-usual winter, according to shipping data…
Tag: athens
Siemens-Alstom’s expected EU veto unleashes political backlash
When Siemens AG and Alstom SA unveiled their rail merger in 2017, the former archrivals hailed the deal as a historic union, forming the basis of a European champion with the heft…
A green new deal for Europe
By Massimiliano Santini And Fabrizio Tassinari /Florence Jim Yong Kim abruptly resigned from his post as World Bank president recently, leaving a pillar of the international financial order without leadership or direction….
US shale drillers resume rig cuts, shrugging off oil’s rebound
Oil explorers cut drilling in US shale fields, shrugging off oil’s rebound, as investors urge them to keep spending in check. American drillers idled 15 oil rigs last week, bringing the number…
Exxon, Chevron muscle up in Permian on rig-to-refinery play
Bloomberg/Houston Exxon Mobil Corp and Chevron Corp bided their time, watching smaller independent drillers make the first moves in shale before placing their bets. Now they’re all in. The two US supermajors…
The great oil paradox: Too many good crudes, not enough bad ones
The shale boom has created a world awash with crude, putting a lid on prices and markedly reducing U.S. dependence on imported energy. But there’s a growing problem: America is producing the…
IP gas pipeline: Iran invites Pakistan’s legal team
In a new development, Iran has invited Pakistan’s legal team to thrash out if sanctions are effective on gas transactions or not after getting 10-12 legal questions from Islamabad side. Iran is…
BP ready to expand emissions disclosure on oil investments
Reuters /Paris BP has agreed to broaden its disclosure on greenhouse gas emissions to show how it thinks future investments in oil and gas align with UN-backed climate goals, it said yesterday….
Column: U.S. gas and electric systems prove resilient in face of polar vortex
LONDON (Reuters) – Freezing temperatures across much of the northern United States have caused barely a ripple in natural gas markets showing how plentiful supplies have become thanks to the shale revolution….
Asia Distillates-Gasoil margins rise in January, breaking two months of declines
SINGAPORE, Jan 31 (Reuters) – Asian refining margins for 10ppm gasoil eased on Thursday, a day after hitting a one-week high, as crude prices firmed, but posted their first month of gains…