A “realistic analysis” has shown that there is “no LNG supply glut” and if any surplus is experienced on the market, it will be “meagre” and the market should “rebalance”, said GECF…
LNG shipping costs expected to become stable: GECF
The shipping fuel price and spot charter rates are forecasted to be stable and expected to stabilise shipping costs at the current level, according to GECF secretary-general Yury Sentyurin. This, he said…
GE Exits Health, Oil as CEO Shrinks Onetime Titan to Save It
By Rick Clough June 26, 2018, 12:57 PM GMT+3 Updated on June 26, 2018, 9:28 PM GMT+3 Flannery narrows focus again in revamp of U.S. business icon Company says it will maintain dividend through…
‘GECF committed to help India emerge as key player for future natural gas imports’
India has announced plans to increase share of natural gas to 15% by 2020 from around 7% today. The Gas Exporting Countries Forum, through its member coun- tries, remains committed to supply…
Macron and Pope talk poverty, migration and Europe in long meeting
The two talked together for nearly an hour in the official papal library in the Vatican’s Apostolic Palace, about twice as long as Francis usually spends with heads of state or government….
Première rencontre entre Macron et le pape au Vatican
Le chef de l’Etat français, qui sera accompagné par son épouse Brigitte, des ministres Gérard Collomb (Intérieur et Cultes) et Jean-Yves Le Drian (Affaires étrangères) est attendu à 10h au Saint-Siège pour…
Etihad pilots offered two-year secondment to Emirates
Etihad Airways, Abu Dhabi’s state airline, has offered its pilots a two-year secondment to Emirates, as the airlines pivot towards stronger collaboration, cut costs, streamline operations and address reports of pilot shortages in the…
Greek carrier Aegean signs $5 billion order for Airbus A320 neo planes
ATHENS (Reuters) – Greece’s largest carrier Aegean Airlines (AGNr.AT) signed a $5 billion deal with Airbus (AIR.PA) for up to 42 aircraft to renew its fleet of single-aisle planes, stay competitive and…
Greece ‘turning a page’ as eurozone declares crisis over
Agence France Presse ATHENS: Greek Prime Minister Alexis Tsipras said Friday his country was “turning a page” after eurozone ministers declared its crisis over as they granted Athens debt relief under a…
Oil output to rise by 1m barrels a day in Opec deal Saudi minister
Major oil producers have agreed to pump more crude to help reduce prices and prevent a supply shortage, in a significant reversal of Opec’s strategy of curbing output over the past 18…