Oil prices dropped on Monday on worries that that the cutting of connections with Qatar by the most important crude exporter Saudi Arabia and other Arab states might hamper a global accord to reduce oil production.
read more... 06/06/2017
Oil prices plunged on Friday, on fears that U.S. President Donald Trump's decision to exit a climate pact could cause more crude drilling in the United States, worsening a global glut.
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BP has given the authorization for its $500 million Angelin offshore gas field development in Trinidad and Tobago to help counterbalance decreasing production in one of the company's major hubs.
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German utility RWE declared it had obtained its first cargo of liquefied natural gas (LNG) from Qatargas late last month under a seven-and-a-half-year agreement inked in 2016.
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Wind energy will still attract significant investment in the United States and around the world despite President Donald Trump's decision to exit from the global climate deal, as predicted by major wind turbine producer Vestas on Friday.
read more... 05/06/2017