A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Vagit Alekperov, President of LUKOIL, took place today in Moscow.
In the course of the meeting, the parties discussed their current and future cooperation in the gas sector. In particular, attention was paid to the ongoing preparations for setting up a joint venture to develop the Vaneyvisskoye and Layavozhskoye fields.
Oil remains weak due to the Corona Virus and SDX update on success in Morocco and plans for Egypt. From yesterday, comments about Block Energy who's report was overdue and the market is uncertain about size of the success.
The U.S. government spending bill signed into law in late December 2019 included several provisions related to federal energy programs. Among these provisions was the reinstatement of a $1.00 per gallon biodiesel mixture credit, commonly referred to as the biodiesel tax credit (BTC). The BTC applies to both biodiesel and renewable diesel (referred to as biomass-based diesel) through ...
European markets rebounded early on Tuesday after the previous day's thumping, which saw investors worried about the economic fallout from the coronavirus outbreak in China huddle in safe-haven assets. There was relief as Europe's STOXX 600 and Wall Street futures bounced as much as 0.5% from their closing levels on Monday, which was the worst [Read more]
* Saudi Aramco Energy Ventures has bought into blockchain-based trading platform Vakt with $5 million in new shares, Vakt said on Tuesday. * Aramco Trading Co, a subsidiary of Saudi Aramco, will use the platform. * The VAKT platform specialises in post-trade processing. It has been live since the end of 2018 with a focus [Read more]
Equinor has on 27 January 2020 purchased 1,000 own shares at Oslo Stock Exchange at an average price of 176.0209 Norwegian kroner per share. These share purchases form part of the first tranche of the company’s share buy-back programme 2019-2022 announced on 5 September 2019. After this transaction Equinor owns a total of 23,595,414 own [Read more]
CALGARY, Jan. 27, 2020 /CNW/ – Calfrac Well Services Ltd. (“Calfrac” or “the Company”) (TSX-CFW) is pleased to provide an operational update with respect to its fourth quarter of 2019 preliminary results (all amounts are in Canadian dollars). In addition, Calfrac is announcing the timing for its fourth-quarter 2019 earnings release and conference call. Results for [Read more]
Asian stocks extended a global selloff on Tuesday as China took more drastic steps to combat a deadly new coronavirus, while bonds shone on expectations central banks would need to keep stimulus flowing to offset the likely economic drag. As the death toll reached 106 in China, some health experts questioned whether Beijing can contain [Read more]