'We're engaged': Alaska gets China backing for natural gas project
China’s biggest state oil company Sinopec, one of the country’s top banks and its sovereign wealth fund agreed on Thursday to develop a $43 billion natural gas project in Alaska, as the cash-poor U.S. state seeks to revive its dwindling energy industry.
Saudi says 'flexible' on Russian idea to extend oil cuts to end-2018
MOSCOW (Reuters) - Saudi Arabia made no firm pledge on Thursday to extend a deal between OPEC, Russia and other producers on cutting supplies but said it was “flexible” regarding Moscow’s suggestion to prolong the pact until the end of 2018.
Exclusive: China's CEFC in early talks to buy Rosneft stake - sources
CEFC China Energy, which has grown from a niche oil trader to a sprawling energy conglomerate, is in talks to acquire a stake in Russian state oil giant Rosneft (ROSN.MM), three people with direct knowledge of the discussions said.
Trump says he is considering quotas, tariffs on Chinese steel dumping
U.S. President Donald Trump said he is considering quotas and tariffs to deal with the "big problem" of steel dumping from China and others.
Oil rises 2 percent after Saudi and Russia back longer supply cut
Oil jumped more than 2 percent to its highest in more than three weeks on Monday, topping $52 a barrel after Saudi Arabia and Russia said that supply cuts need to last into 2018, a step toward extending an OPEC-led deal to support prices for longer than first agreed.
Juncker to present post-Brexit EU white paper on Wednesday
European Union chief executive Jean-Claude Juncker will present a white paper to the European Parliament on Wednesday on options for shoring up unity once Britain launches its withdrawal process, a spokesman said.
Iran describes OPEC compliance with oil cuts as 'acceptable'
OPEC's level of compliance with production cuts in January has been acceptable, Iran's oil minister said on Monday, expressing hope for further cooperation from non-OPEC members in the near future.
China to suspend all imports of coal from North Korea
China will suspend all imports of coal from North Korea starting Feb. 19, the country's commerce ministry said in a notice posted on its website on Saturday, as part of its efforts to implement United Nations sanctions against the country.
|
