Oil Drops as Iran Talks Advance
Crude declined after the US approved limited Iranian oil sales and shipping through the Strait of Hormuz continued to recover.
Nieuws
-
-
Iran Gets Oil Trading Respite from US
The Treasury Department issued a temporary, 60-day license allowing Iran to sell some of its energy exports through August 21, a sweeping change after years of increasingly punitive economic sanctions.
-
Libya Reaches 1.4 MMbpd of Oil Production
Libya reached its highest daily crude production since 2013, moving closer to its goal of 1.5 MMbpd by yearend.
-
JERA Contracts 4 Ammonia Carriers
The integrated power utility signed time charter agreements under which fellow Japanese companies MOL and NYK will each provide 2 fuel ammonia tankers to support the Blue Point Project in Louisiana, U.S.
-
Var Energi Realigns Stakes offshore Norway
Var Energi signed agreements to acquire Pandion Energy's remaining interests offshore Norway, swap stakes with DNO and farm down its operated Goliat and Fenja fields.
-
Equinor, Partners Agree Plan for Major North Sea Project
Equinor and its partners have agreed on a development concept for Ringvei Vest, an oil and gas project spanning 8 licenses on Norway's side of the North Sea.
-
Crimea Halts Fuel Sales after Attacks on Russian Refineries
Authorities in Russia-occupied Crimea said they were suspending fuel sales at filling stations, limiting supplies to state services amid Ukrainian drone strikes on Russian refineries.
-
Iran Says Stride Made with US after Talks Began
Iran said there had been 'major progress' in all-night discussions with the US, as the warring sides try to reach a peace deal within two months.
-
Braskem Presses on with Petrochemicals Growth Plans
Braskem, the heavily indebted Brazilian petrochemical giant seeking an extrajudicial recovery, is continuing its push to increase production even as prices fall in the wake of the peace deal between the U.S. and Iran.
-
Scatec Says Solar Project Can Save Egypt $400MM from LNG
Scatec's Obelisk solar and battery storage project in Egypt can save the country as much as $400 million a year in liquefied natural gas imports, according to CEO Terje Pilskog.