26 June 2018, Sweetcrude, Lagos — Energy companies rebound on Tuesday from Monday’s negative trading on the floor of Nigerian Stock Exchange with Oando and Seplat recording gains. However, Mobil and Japaul Oil registered losses. Gainers Oando: 0.3k Seplat: 0.2k
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26 June 2018, News Wires — Oil prices rose on Tuesday on uncertainty over Libyan oil exports, although plans by producer cartel OPEC to raise output continued to drag. Brent crude futures , the international benchmark for oil prices, were at $74.95 per barrel at 0104 GMT, up 22 cents, or 0.3 percent from their …
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More »26 June 2018, News Wires — Forces of eastern Libyan commander Khalifa Haftar have handed over control of oil port under their control to a state oil firm based in the east, a military spokesman said on Monday. Ahmed Mismari, spokesman of Haftar’s Libya National Army (LNA), said in a televised statement no tanker would …
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26 June 2018, News Wires — Saudi Arabia promised to act decisively to keep oil prices under control, signaling a real supply boost approaching 1 million barrels a day is on the way to global markets. “We will do whatever is necessary to keep the market in balance,” Saudi Energy Minister Khalid Al-Falih told reporters …
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26 June 2018, Jakarta — Indonesia’s trade deficit narrowed to $1.52 million in May but was worse than expected, due to higher oil prices, the country’s statistics agency said on Monday. That compared to a revised $1.63 billion deficit posted in April, which was the largest in four years. A poll by Reuters was for …
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26 June 2018, Paris — French water and waste group Veolia has opened what it says isEurope‘s first recycling plant for solar panels and aims to build more as thousands of tonnes of ageing solar panels are set to reach the end of their life in coming years. The new plant in Rousset, southern France, …
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26 June 2018, Quito — Ecuador will boost oil output above the current level of 520,000 barrels per day (bpd) as part of a deal reached by OPEC, the oil minister said on Monday, with new barrels to come from previously announced plans to hike production at large fields. The Organization of the Petroleum Exporting …
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