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Tuesday 21 October 2025

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News on Energy
Oil up 2 percent after two-day drop; caution still on gasoline, Brexit

Oil prices rose almost 2 percent on Wednesday as robust U.S. economic data lifted crude futures from two days of declines, although a gasoline glut and woes from Britain's European Union exit suggested more pressure ahead.

  • Date: 06.07.2016  |  Published on EGF: 06.07.2016  |  Energy  |  from http://www.reuters.com
Oil eases as weak demand tempers bullish Saudi energy minister comments

Oil prices eased on Monday after comments by Saudi Energy Minister Khaled Al-Faleh that the market was heading towards balance were tempered by signs of slowing demand in Asia.

  • Date: 04.07.2016  |  Published on EGF: 04.07.2016  |  Energy  |  from http://www.reuters.com
Rosatom's global nuclear ambition cramped by Kremlin politics

The $100 billion overseas order book of Russia's nuclear power plant builder Rosatom -- bigger than all its Western competitors combined -- makes it look like the giant in its field.

  • Date: 26.06.2016  |  Published on EGF: 26.06.2016  |  Energy  |  from http://www.reuters.com
Rosneft's Sechin says Saudi Arabia, U.S. and Russia call shots on oil markets

Igor Sechin, the head of Russia's top oil producer Rosneft, said on Tuesday that Saudi Arabia, the United States and Russia were the three main players on global oil markets, dismissing again OPEC's role as a regulator.

  • Date: 21.06.2016  |  Published on EGF: 21.06.2016  |  Energy  |  from http://www.reuters.com
With oil price near $50, resilient U.S. shale producers eye new chapter

Two years into the worst oil price rout in a generation, large and mid-sized U.S. independent producers are surviving and eyeing growth again as oil nears $50 a barrel, confounding OPEC and Saudi Arabia with their resiliency.

  • Date: 20.06.2016  |  Published on EGF: 20.06.2016  |  Energy  |  from http://www.reuters.com
Kurds ready for new oil deal with Baghdad if they get $1 billion a month

Iraq's Kurds said they are ready to strike an agreement with the central government in Baghdad on a deal to increase oil exports if it guarantees them monthly revenue of $1 billion, more than double what they make currently from selling oil.

  • Date: 15.06.2016  |  Published on EGF: 15.06.2016  |  Energy  |  from http://www.reuters.com
Venezuela in talks with China for grace period in oil-for-loans deal - sources

Venezuela is in talks with China to obtain a grace period in its oil-for-loans deal that would improve the OPEC nation's capacity to make bond payments amid an economic crisis, sources briefed on the proposal have told Reuters.

  • Date: 14.06.2016  |  Published on EGF: 14.06.2016  |  Energy  |  from http://www.reuters.com
Resistance to India joining nuclear suppliers group softens

A U.S.-led push for India to join a club of countries controlling access to sensitive nuclear technology made some headway on Thursday as several opponents appeared more willing to work towards a compromise, but China remained defiant.

  • Date: 09.06.2016  |  Published on EGF: 09.06.2016  |  Energy  |  from http://www.reuters.com
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