While the oil markets are waiting for the fifth of the month, when Aramco usually announces the official selling prices for crude to its customers around the world, sources expected the Saudi company to reduce prices for its customers in…
Continue ReadingQatar Petroleum has signed a long-term sale and purchase agreement with CNOOC Gas and Energy Trading and Marketing Co., Ltd., a subsidiary of China National Offshore Oil Corporation (CNOOC). Under the agreement, 3.5 million tons per year of LNG will…
Continue ReadingSales of electric cars in Europe are facing difficulties that impede the chances of their widespread spread, after the rapid growth of sales of multi-purpose sports cars in recent times. This threatens to negatively affect emissions reduction efforts and climate…
Continue ReadingUniper has started operating the Karlsman power plant in the southern Swedish county of Blekinge, which is fueled by oil, The Local.SE website reported. The company had suspended the operation of the station, due to the high oil prices, and…
Continue ReadingOil prices turned lower, during trading today, Friday, with the strength of the US currency, but crude is heading to achieve gains for the third week in a row, after a noticeable increase during the past 3 sessions. Crude prices…
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