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Daily: Crude oil climbs about 3 percent on pessimistic U.S. job data, declines for the week
Crude oil prices ended up nearly 3 percent on Friday, spurred by a weak dollar crippled by downbeat U.S. jobs report, but for the week, prices posted a sharp decrease on worries about oversupply. Brent crude futures rose by $1.38, or 3 percent, to settle at $46.83 a barrel. For the week, Brent declined 6 percent, its largest drop in five weeks. U.S. West Texas Intermediate futures gained $1.28, also 3 percent, to close at $44.44. WTI lost nearly 7 percent on the week, its largest decrease in eight weeks.
read more... 05/09/2016
Turkey and China sign 3 deals during Erdogan visit
Turkey and China inked three deals covering nuclear security, energy and agricultural health certification on Saturday during Turkish President Recep Tayyip Erdogan's visit before the G20 summit in the coastal Chinese town of Hangzhou.
read more... 05/09/2016
U.S: The country’s largest renewable energy project is to be built in Iowa
The US Energy company MidAmerican Energy , has obtained the green light for the largest wind energy project approved in the US, up to the present time.
read more... 02/09/2016
Energoatom and Korea Hydro & Nuclear Power (KHNP) to cooperate in the nuclear energy sector
South Korea’s state-owned nuclear power company Korea Hydro & Nuclear Power (KHNP) and Ukraine's National Nuclear Energy Generating Company (NNEGC) Energoatom have signed a memorandum of understanding (MoU) at the end of August for a collaboration in the nuclear energy sector.
read more... 02/09/2016
BP is expanding its shale gas business in China
BP has announced on Thursday that it has signed a second contract for shale gas exploration, development and production with China National Petroleum Corp (CNPC). Earlier this year, the two companies signed their first shale gas production-sharing contract (PSC) on the adjoining Neijiang-Dazu block.
read more... 02/09/2016