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Showing posts with the label January 14

Oil rises 1 percent on supply cuts, but economic slowdown weighs on outlook

Oil rises 1 percent on supply cuts, but economic slowdown weighs on outlook https://cnb.cx/2ANHqnV The Middle East-dominated producer club of the Organization of the Petroleum Exporting Countries (OPEC) and some non-OPEC allies, including Russia, agreed in late 2018 to cut supply to rein in a global glut. https://ift.tt/2PddWW7 January 14, 2019 at 06:04PM Energy https://cnb.cx/2KU3Ztw

Natural gas prices spike 13 percent on forecasts for long, severe cold

Natural gas prices spike 13 percent on forecasts for long, severe cold https://cnb.cx/2Fs35Go Natural gas prices spiked on Monday on forecasts showing the severe cold gripping the United States will persist longer than previously thought. https://ift.tt/2PddWW7 January 14, 2019 at 07:54AM Energy https://cnb.cx/2KU3Ztw

Italy's ENI and Thailand's PTTEP win UAE offshore concessions from ADNOC

Italy's ENI and Thailand's PTTEP win UAE offshore concessions from ADNOC https://cnb.cx/2RL0FIC The blocks are the first to be awarded as part of Abu Dhabi's first-ever competitive open block licensing round. https://ift.tt/2PddWW7 January 14, 2019 at 05:52AM Energy https://cnb.cx/2KU3Ztw

PG&E stock crashes 50% as utility says it will file for bankruptcy because of wildfires liability

PG&E stock crashes 50% as utility says it will file for bankruptcy because of wildfires liability https://cnb.cx/2SOV1lP PG&E cratered Monday after it said it will file for bankruptcy protection amid financial anguish stemming from its role in recent wildfires. https://ift.tt/2PddWW7 January 14, 2019 at 03:50AM Energy https://cnb.cx/2KU3Ztw

Canada plans its first geothermal power plant

Canada plans its first geothermal power plant https://cnb.cx/2AJLwxi The facility is located near Estevan, in the province of Saskatchewan. https://ift.tt/2PddWW7 January 14, 2019 at 02:53AM Energy https://cnb.cx/2KU3Ztw