2020欧洲杯体育投注网站

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Saudi energy minister understands nobody in Russia considering exiting OPEC+

2020欧洲杯体育投注网站Saudi Arabia's energy minister said on Tuesday he understood that no-one in Russia was contemplating quitting the so-called OPEC+ deal in March.

IEA's Birol sees 1 million bpd oil market surplus in H1 2020; says Iraq a concern

A surplus of one million barrels per day (bpd) of oil is expected to keep a lid on prices in the first half of 2020, International Energy Agency (IEA) Executive Director Fatih Birol said on Tuesday.

Exclusive: Philadelphia refinery expected to be sold to real estate developer - sources

The bankrupt Philadelphia Energy Solutions is expected to sell its fire-damaged refinery site to real estate developer Hilco Redevelopment Partners, three sources familiar with the situation said on Tuesday.

Teck oil sands project splits Canada's indigenous people, poses challenge for Trudeau

A proposed Canadian oil sands mine has split the country's indigenous people, compounding the challenges facing Prime Minister Justin Trudeau's government as it decides whether to approve the project.

Latest News

Bankers ‘bombard’ Guyana with financing plans as oil boom begins: finance minister

Bankers are "bombarding" Guyana with offers of financing backed by future oil production, the finance minister told Reuters, but the South American nation is rejecting the proposals to avoid the excessive borrowing that has plagued other oil producers.

Pollution insurance costs to jump for U.S. tailings dams after Vale disaster

The 2019 mining disaster in Brazil is expected to lead to a double-digit jump in costs to insure U.S. tailings dams that store mining waste against liability for environmental catastrophes.

Australian bushfires threaten to drive tiny animal communities extinct

2020欧洲杯体育投注网站Australian animals living in specific habitats, such as mountain lizards, leaf-tailed geckos and pear-shaped frogs, are battling the threat of extinction after fierce bushfires razed large areas of their homes, a new Reuters analysis shows.

Australian bushfires hit coal output, hazardous conditions to return

Mining giant BHP Group <BHP.AX> said on Tuesday that poor air quality caused by smoke from Australia's bushfires is hurting coal production, as authorities said a reprieve from hazardous fire conditions would end within days.

Australian bushfires scathe sanctuary for rare bee species

Bees swarm around Peter Davis as he unloads his precious, buzzing cargo into their new home in a part of South Australia's Kangaroo Island that was not devastated by recent bushfires.

Spain's ACS withdraws from Inga 3 hydro project in Congo

Spain's ACS is withdrawing from the multi-billion-dollar Inga 3 hydroelectric project in Democratic Republic of Congo, the company said on Tuesday, dealing a further setback to plans to develop Africa's largest hydro plant.

Shareholder in Russia's Alrosa proposes selling up to $1 billion of diamonds to Gokhran: Ifax

2020欧洲杯体育投注网站The government of Russia's Yakutia region, a major shareholder in diamond producer Alrosa, has proposed that precious metals and gems repository Gokhran buy $0.5-$1 billion of the firm's rough diamonds this year, Interfax news agency reported.

Halliburton takes $2.2 billion charge on shale slump

U.S. oilfield services firm Halliburton Co. on Tuesday disclosed a $2.2 billion charge to earnings as weakening North American shale activity continued to hit the industry.

Swedish refiner Nynas proposes restructuring to escape U.S. sanctions

Swedish oil refiner Nynas, which is owned by Venezuela’s state-run PDVSA and Finland’s Neste Oil, said on Tuesday it planned to reorganize its business in an attempt to disentangle itself from U.S. sanctions imposed on Venezuela.

Phillips 66, partner cancel renewable diesel project in Washington

2020欧洲杯体育投注网站U.S. refiner Phillips 66 and biodiesel producer Renewable Energy Group Inc have abandoned construction of a renewable diesel plant in Washington state following delays in receiving permits and uncertainties, the companies said.

Indian state refiners near first annual deals to buy Russian oil: sources

2020欧洲杯体育投注网站Indian state refiners are close to signing their first annual deals to buy Russian oil, three sources privy to the development said, as the nation moves to tap new sources to hedge against geopolitical risks.

Valero Port Arthur, Texas refinery shuts hydrotreater: sources

Valero Energy Corp on Saturday shut a diesel hydrotreater at its 335,000 barrel-per-day (BPD) Port Arthur, Texas, refinery, sources familiar with plant operations said on Tuesday.

BP, Angola agree deal to explore oil offshore

BP signed an agreement with Angola aimed at acquiring oil further exploration rights, state news agency Angop reported, the latest in a flurry of agreements between oil majors and Africa's second biggest exporter.

Plunging U.S. gas prices intensify squeeze on coal: Kemp

U.S. coal-fired power plants are facing the perfect storm, with a mild winter and slumping natural gas prices adding to their long-term problems with competitiveness and pushing more towards retirement.

Belarus aims to cut Russian oil supplies to 30-40% of its requirements: Belta

Belarusian President Alexander Lukashenko said on Tuesday that the country seeks to cut Russian oil supplies to 30-40% of domestic market needs, Belta news agency reported, piling pressure on Moscow in its dispute over new supply terms.

German energy shift will be like 'open-heart surgery': economy minister

Germany's transition to a fossil-fuel free energy mix will be like undergoing "open-heart surgery" as the car, steel and renewable industries will need to work hard to stay competitive, its economy minister said on Tuesday.

Philippines says Chevron unit underpaid rent for oil terminal lot

2020欧洲杯体育投注网站The Philippines said on Tuesday a lease contract between a unit of Chevron Corp and a state-run firm was "grossly disadvantageous" to the government, after a review showed the energy company had been paying a "minuscule" rent.

Japan's Osaka Gas looks to Europe to sell spare LNG cargoes: sources

Japan's Osaka Gas has offered two liquefied natural gas (LNG) cargoes from the newly-commissioned Freeport LNG project in the United States for delivery into Europe, industry sources said.

Davos: Easing U.S.-China dispute could boost copper to high $6,000s: ERG CEO

An easing in the U.S.-China trade dispute could push copper prices to the high $6,000s in 2020, Eurasian Resources Group (ERG) Chief Executive Benedikt Sobotka said on Tuesday in the Swiss ski resort of Davos.

Poland's PKN to increase monthly oil purchases from Saudi Aramco

2020欧洲杯体育投注网站Polish oil refiner PKN Orlen, said on Tuesday it would increase monthly crude oil purchases from Saudi Aramco to 400,000 from 300,000 tonnes as part of its efforts to diversify supply.

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