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United States

Dmitry Zhdannikov

Exxon's talks to tap Algeria shale gas falter due to unrest -sources

10:31am EDT

ALGIERS/LONDON Talks between Exxon Mobil and Algeria to develop a natural gas field in the North African country have stalled because of unrest, industry sources said, the first economic fallout from the almost month-long anti-government protests.

Exxon's talks to tap Algeria shale gas falter due to unrest - sources

8:33am EDT

ALGIERS/LONDON, March 20 Talks between Exxon Mobil and Algeria to develop a natural gas field in the North African country have stalled because of domestic unrest, industry sources said.

IEA sees oil market flipping into deficit in second quarter

Mar 15 2019

LONDON The oil market will flip into a modest deficit from the second quarter of this year, with OPEC possessing a hefty supply cushion to prevent any price rally in case of possible supply disruptions, the International Energy Agency said on Friday.

IEA sees oil market flipping into deficit in second quarter

Mar 15 2019

LONDON, March 15 The oil market will flip into a modest deficit from the second quarter of this year, with OPEC possessing a hefty supply cushion to prevent any price rally in case of possible supply disruptions, the International Energy Agency said on Friday.

IEA sees U.S. leading global oil supply growth to 2024

Mar 11 2019

LONDON The United States will drive global oil supply growth over the next five years, adding another 4 million barrels per day to the country's already booming output, the International Energy Agency said on Monday.

Goldman Sachs further shrinks commodities trading

Mar 07 2019

LONDON Goldman Sachs Group Inc , once one of the most active banks in commodities trading, has cut 10 roles to further downsize its global commodities trading division amid rising costs and shrinking profits.

Exclusive: Rosneft opens trading arm in Singapore as part of Asian pivot

Mar 06 2019

MOSCOW/LONDON Rosneft is opening a trading arm in Singapore as part of a pivot to Asia, the world's biggest and fastest-growing energy-consuming region, where the Russian state oil major plans to manage new projects and boost oil sales.

Novatek, Shell see Russian gas keeping edge in Europe over U.S

Feb 27 2019

LONDON Russian gas giant Novatek and oil major Shell said on Wednesday Russian gas would remain more competitive in Europe than U.S. gas, as Moscow pursues new mega projects that would be insulated from any new U.S. sanctions.

Exclusive: Energy trader Gunvor mulls asset sales after first annual loss

Feb 26 2019

LONDON Energy trader Gunvor Group is considering selling non-core assets in Russia and finding a strategic partner for its German refinery as it tries to recover from the first-ever annual loss it suffered in 2018, trading and banking sources said. 

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