London: Airbus SE could build a longer-range version of its newest narrow-body jet by 2023, according to prospective buyer Air Transat, beating a competing Boeing Co. model to the market. The Canadian…
China swoops in on Canadian oil that’s $50 below US crude
Bloomberg/London BP boss Bob Dudley launched a wide-ranging attack on the divestment movement that’s calling on institutional investors to sell down their oil stocks, rejecting warnings from the likes of the Bank…
BP slams oil stock divestment in call for ‘collaborative path’
Bloomberg/London BP boss Bob Dudley launched a wide-ranging attack on the divestment movement that’s calling on institutional investors to sell down their oil stocks, rejecting warnings from the likes of the Bank…
ECB is divided over protectionist risks to eurozone, show minutes
AFP, Reuters/Frankfurt European Central Bank chiefs were divided at their September meeting over the danger to the eurozone economy from protectionism and other global threats, with some calling for a gloomier assessment….
Opec expects weaker demand for its crude next year as rivals surge
Bloomberg/London Opec is under intense pressure right now from consumers to ease prices by pumping more crude, but for 2019 it sees a more doubtful picture. The group cut its estimate for…
Next UK Fracer Shrugs Off Shutdown Risk Seeing Need for Gas (Friday, 12 October 2018)
The head of the corporate set to drill Britain’s first fracing effectively in a decade shrugs off the danger that protesters and authorities’s foremost opposition will shut down his undertaking earlier than…
Trump is rerouting the world’s oil tankers
President Donald Trump is redirecting global oil flows. West African and Latin American producers are sending ever-growing volumes of crude to China. America’s exports to the Asian country have slumped in favor…
Qatar Petroleum announces a 5-year LPG supply agreement with China’s Oriental Energy
Qatar Petroleum has announced the signing of a sale and purchase agreement to directly supply China with 600,000 metric tons of Liquefied Petroleum Gas (LPG) per year for a period of five…
Changing LNG market dynamics require Qatar to adjust plan: Dr Ibrahim
Major changes on the supply and demand sides of the global liquefied natural gas (LNG) market require Qatar to adjust its strategy to maintain its position as the world’s leading LNG supplier,…
Can Eurozone reform help contain Trump?
By Jochen Andritzky/Brussels US President Donald Trump is using economic warfare to pursue his foreign-policy objectives. In August, his administration announced that it would double tariffs on steel and aluminium imports from…