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Daily: Crude oil rebounds after Trump surprise victory for U.S. presidency
Crude oil prices climbed on Wednesday following a rebound of stockpiles and as dollar recovered from a considerable early decline after Donald Trump’s unexpected victory in the U.S. presidential election. Brent futures rose by 32 cents, or 0.7 percent, to settle at $46.36 a barrel, while U.S. crude boosted 29 cents, or 0.6percent, to close at $45.27 per barrel.
read more... 10/11/2016
The victory of Trump boosts coal, hits renewable stocks
The prospect of a sudden change in U.S. climate policy under President-elect Donald Trump increased the shares of U.S. mining equipment giant Caterpillar Inc, North American railroads and other firms linked to fossil fuels, and hit shares of renewable energy companies.
read more... 10/11/2016
Chevron launches production at Alder gas field in North Sea
U.S. oil major Chevron and its co-owner of the field, ConocoPhillips have started yesterday production on one of the oldest North Sea gas discoveries, at the Alder gas condensate field in the Central North Sea.
read more... 09/11/2016
Turkey predicts first unit of Akkuyu nuclear plant to be operational by end 2023
Turkey hopes the first unit of its scheduled $20 billion Akkuyu nuclear power plant, being constructed in cooperation with Russia, to be online by the end of 2023, as stated by energy minister Berat Albayrak on Tuesday.
read more... 09/11/2016
Total inks first post-sanctions Western energy agreement with Iran
France's Total has inked an agreement with Iran to further develop its part of the world's biggest gas field, becoming the first western energy firm to sign an important deal with Tehran since the lifting of international sanctions earlier this year.
read more... 09/11/2016