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Oil and Gas Regions news - page 252

 

Russia, Syria ink energy cooperation agreement

Jan 31, 2018

Russian Energy Minister Alexander Novak and Syrian Electricity Minister Mohammad Zuhair Kharboutli signed a 'road map' agreement for cooperation in the energy sector, the Russian Energy Ministry said on Wednesday. 'The road map provides…

Iraq to Comply with OPEC Deal Despite Oil Export Capacity Rise

Jan 29, 2018

Iraq will comply with the OPEC-led deal on reducing output even though Baghdad is working hard to increase its oil export capacity from the north and south of the country, its oil minister said on Monday.Jabar al-Luaibi told a Chatham House…

Bangladesh Inks Deal with Indonesia for LNG Imports

Jan 29, 2018

Bangladesh signed an agreement with Indonesia on Sunday to open talks on imports of liquefied natural gas (LNG), as the South Asian country turns to the supercooled fuel to fill a shortfall of domestic natural gas. A letter of intent was signed between two state energy companies…

Brent Crude Eases after Surprise Rise in U.S. Inventories

Jan 24, 2018

U.S. crude, gasoline inventories climb as traders take put options to sell crude. Brent oil prices eased on Wednesday, under pressure from a rise in U.S. crude and gasoline inventories although crude prices remained near three-year highs…

Oil Edges Lower as Libyan Output Undermines 2018 Rally

Jan 22, 2018

Restarting Libyan oilfield puts brake on rally. Oil slipped on Monday under pressure from rising Libyan output and concerns that a rally that had sent prices to their highest since December 2014 had run out of steam. But losses were…

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