oil
U.S. Oil Inventories Rose by 7.5M Barrels Last Week – EIA By Investing.com
© Reuters. By Kim Khan Investing.com – stockpiles rose more than the market was expecting last week, the Energy Information Administration reported Wednesday. climbed by 7.5 million barrels for the week ended Feb. 7, the EIA said. Analysts were looking for a build of about 3 million barrels, according to forecasts compiled by Investing.com. fell …
Crude oil tops $70 as US-Iran tensions escalate — Asian markets latest
Futures for Brent crude, the global benchmark, gained 2.4% to reach $70.24 per barrel — the first time prices have hit that amount in more than six months. US oil futures advanced 2.1% to reach $64.36 per barrel. Oil prices rose more than 3% on Friday after Qasem Soleimani, a top Iranian commander, was killed …
Oil prices jump after Iran military leader killed in US strike
Futures for Brent crude, a global benchmark, jumped 2.9% to $68.16 per barrel during Asian trading hours on Friday. US oil futures gained 2.8%, reaching $62.86 per barrel. That puts both on pace right now for their biggest daily gains in about a month, according to Refinitiv data. The Pentagon confirmed in a statement that …
Recon Technology Announces 1-for -5 Reverse Stock Split | News
NEW YORK, Dec. 26, 2019 /PRNewswire/ — Recon Technology, Ltd. (NASDAQ: RCON) (“Recon” or the “Company”) announced today that the Company’s Board approved on December 10, 2019 to effect a reverse stock split of the Company’s ordinary shares at the ratio of one-for-five with the market effective date of December 27, 2019. The objective of the …
Technology driving innovation for WV’s oil and gas industry | WV News
CLARKSBURG — Oil and natural gas have been produced in West Virginia since the early 1800s, when drillers looking for salt brine first discovered the resources along the Kanawha River near present-day Malden. Over 100 years later, the oil and gas industry has risen to become one of the primary drivers of the state’s economy …
How technology can help forge a sustainable future
DUBAI: Urgent steps must be taken if the fight to curb climate change is to have any chance of success, according to growing global scientific consensus. Climate scientists say the situation has become untenable because current global carbon emissions — estimated to be 45 percent above pre-industrial levels — exceed the amount that nature can …
Geologist blasts society’s links with oil firms
Image copyright Getty Images Image caption Prof McGuire says it’s hypocritical to make statements on climate change while at the same time accepting fossil fuel sponsorship Oil and gas firms have got one of the world’s leading scientific societies in their pockets, a top geologist says. Prof Bill McGuire is furious at the links between …
Saudi Aramco: Saudi Arabia announces IPO for state oil giant
Following approval from the country’s regulators, Saudi Aramco on Sunday formally announced its intention to float shares on the Tadawul exchange in Riyadh. Aramco executives will now embark on an international roadshow to court investors, and a prospectus outlining the company’s financial details is expected later this month. “(The IPO) will increase our international visibility …
Brazil oil spill: Greek-flagged tanker believed to be source
Image copyright Reuters Image caption Popular beaches in north-eastern Brazilian states have been affected by the spill Brazilian officials suspect a Greek-flagged tanker was the source of an oil spill that has stained about 2,500km (1,553 miles) of Brazil’s coastline. Federal police in the city of Rio de Janeiro raided the offices of a Greek …
Brazil blames devastating oil spill on Greek-flagged tanker | World news
A Greek-flagged ship carrying Venezuelan crude was the source of an oil spill which has tarred thousands of kilometers of coastline over the past two months, Brazilian investigators have announced. Police said the tanker appears to have spilled the crude about 700km (420 miles) off Brazil’s coast between 28 and 29 July, bound for Singapore …
