Saudi Arabia's oil minister Ali al-Naimi and Abdalla El-Badri, secretary-general of OPEC, said low demand was "wreaking havoc" by halting investment in the sector. Oil prices in London fell near to $40 per barrel this week – down from a spike of $147 in July– prompting OPEC to cut supply...
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There are good reasons for BHP pulling the deal. The commodity markets have soured dramatically, hitting both groups’ cash flow prospects and removing the deal’s main, if unspoken, attraction – driving up prices in a bull market. Moreover, the divestments the EU hinted at would have been difficult...
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Oil prices continued to fall today as a government report showed that gasoline prices in October plunged further than they ever have and home heating oil, natural gas, and liquefied petroleum gas fell substantially.
Light, sweet crude for December delivery fell 56 cents to settle at $54.39 a...
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Agreements on cooperation to revive Italy's nuclear sector and give LUKoil a foothold in the European refining sector topped a slew of deals signed Thursday, overseen by President Dmitry Medvedev and visiting Italian Prime Minister Silvio Berlusconi.
But Berlusconi, renowned for impolitic and...
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Necesitas tener sincronizados todos tus documentos entre distintos sistemas de computo? Tu solución es SYNCING.NET, el cual es un software que permite sincronizar carpetas entre Windows y Outlook por medio de cualquier sistema PC, todo desde una forma automática y sin servidor, pudiendo crear,...
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Si eres un gammer, esta pagina te encantara debido a que tiene todo pues no se le escapa nada de lo que necesitamos saber sobre la actualidad en video juegos. La primera impresión es que es una pagina montada por gente como nosotros como aficionados y por tanto encontramos las cosas con toda...
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Romania may replace Bulgaria on the Gazprom-led South Stream gas pipeline project from Russia to Italy. Gazprom CEO Alexei Miller met with heads of two Romanian companies, Transgaz and Romgaz, late last week. Some sources said the talks focused on Romania's plan to sign up to the project, replacing...
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La República Checa, uno de los socios más díscolos del club europeo, presidirá la Unión Europea en el primer semestre de 2009. Su primer ministro, Mirek Topolanek, de 52 años, acaba de pasar por España para explicar sus prioridades: libre circulación de trabajadores, reequilibrio entre las...
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The world economy faces a recession if the price of oil stays above $90 a barrel, the International Energy Agency (IEA) warned.
The price of oil crept up again today, reaching $95, following two days of declines caused by the collapse of investment bank Lehman Brothers and slumping stock markets....
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The decline in oil prices in recent weeks has been a welcome relief for consumers and a rare piece of positive news in an otherwise bleak economic landscape. But for oil producers, increasingly accustomed to rising revenues, falling prices are fast turning into a cause for concern - if not quite...
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