Energy

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The oil market has all but forgotten last year’s price crash.Money managers have not been this optimistic about US oil prices since early October, just before the crude market began a steep decline on fears of a global oversupply, Bloomberg reported.
News ID: 4221    Publish Date : 2019/04/07

Aproposal by the Energy Ministry to raise water and electricity tariffs by 7% was ratified by the Cabinet. The new rates will go into effect on April 21, Barq News reported.
News ID: 4203    Publish Date : 2019/04/06

Odisha (Jharsuguda) based pellet maker - Shyam Metaliks & Energy is all set to commence operations at its new pellet plant in Jharsuguda with 0.6 MnT pa capacity.
News ID: 4180    Publish Date : 2019/03/30

Peru’s Minister of Energy and Mines, Francisco Ísmodes, and the Vice-Minister of Territorial Governance, Raúl Molina, held a meeting this weekend with the Cusco Regional Governor, Jean Paul Benavente, where they addressed the situation regarding a blockade affecting Las Bambas copper mine.
News ID: 4149    Publish Date : 2019/03/25

Opec and its non-Opec partners still have plenty of work to do to rebalance global oil markets, and may need to extend their production restraint agreement to the end of 2019, UAE oil minister Suhail al-Mazrouei says.
News ID: 4139    Publish Date : 2019/03/24

It’s not a great time to be a coal miner, but there’s never been a better time for their shareholders.
News ID: 4128    Publish Date : 2019/03/23

The interim agreement on the formation of a free trade zone between Eurasian Economic Union and Iran has taken Tehran to a new level of regional economic cooperation and links Iran's economy with other states, a senior Iranian energy official says.
News ID: 4003    Publish Date : 2019/03/13

Lowest costs per core thanks to digitization. Visit Laempe Mössner Sinto at GIFA in Hall 17 Stand B40.
News ID: 3971    Publish Date : 2019/03/11

Producer of mineral-based highly engineered advanced materials Luxfer, and manufacturer of rare earth and rare metal-based functional materials Neo Performance, announced that they have mutually agreed to terminate a previously announced transaction under which Luxfer would have acquired Neo for $612 million in cash and stock.
News ID: 3970    Publish Date : 2019/03/11

When OPEC started an oil-price war in late 2014, most people believed U.S. shale was doomed. In reality, the giant oil majors suffered most — burdened by expensive mega-projects, Chevron Corp., BP Plc and the rest struggled to adapt to the fall in energy prices.
News ID: 3956    Publish Date : 2019/03/11

China said it will form a national oil and pipeline company, the first public acknowledgment of the massive energy industry overhaul planned since at least 2014.
News ID: 3879    Publish Date : 2019/03/07

Iranian Energy Minister Reza Ardakanian said that Tehran and Baku are discussing ways to boost cooperation in the energy sector, highlighting that Azerbaijan will serve as a link to connect Iran’s electricity grid with Russia and Georgia.
News ID: 3866    Publish Date : 2019/03/06

Kazakhstan plans to cut its oil exports by around 2% this year to 71 million tons, its energy ministry told Reuters, mainly at the expense of China, amid a production decline.
News ID: 3829    Publish Date : 2019/03/04

For the second year in a row, mineral and coal exploration expenditure in British Columbia increased in 2018.
News ID: 3822    Publish Date : 2019/03/03

Iranian Energy Minister Reza Ardakanian highlighted the neighboring countries’ willingness to import electricity from the Islamic Republic and said they cannot find a better option.
News ID: 3818    Publish Date : 2019/03/03

Although China will continue to raise its liquefied natural gas (LNG) imports this year, the 2019 rise in the world’s key LNG demand growth market may not be enough to absorb all the new supply coming on stream over the next months.
News ID: 3816    Publish Date : 2019/03/03

Russian oil output stood at 11.34 million barrels per day in February, down some 75,000 barrels per day from the October level, the baseline for a global deal, but still missing the accord target, Energy Ministry data showed on Saturday.
News ID: 3815    Publish Date : 2019/03/03

The Peruvian government will likely grant Southern Copper Corp a construction license for its $1.4 billion Tia Maria project before its environmental permit expires in August, the energy and mines minister told Reuters on Thursday.
News ID: 3812    Publish Date : 2019/03/02

Oil producing group OPEC is responsible for salvaging the entire oil industry with its deal to curb output, OPEC's secretary general told CNBC, but the US shale revolution has helped to prevent "major, major energy chaos" in the world.
News ID: 3798    Publish Date : 2019/03/02

Electricity experts from Iran, Russia and Azerbaijan are in Moscow, discussing technicalities of creating an energy corridor that envisages the export of electricity from Russia to Azerbaijan and Iran, Russia’s Deputy Energy Minister Anatoly Yanovsky said Monday.
News ID: 3763    Publish Date : 2019/02/27

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