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Oil & Energy

3/2/2015 -  PBOC rate cut adds to global stimulus, ProactiveInvestors - UK
(MENAFN - ProactiveInvestors) Mike van Dulken & Augustin Eden at Accendo Markets commented to clients this morning:

FTSE100 called to open -15pts at 6930 with the February up-trend still ...
3/2/2015 -  Red Emperor Resources takes stake in Philippines offshore oil project, ProactiveInvestors - Australia
(MENAFN - ProactiveInvestors)

Red ...

3/2/2015 -  Liquefied Natural Gas Ltd finalises EPC Contractor JV for Magnolia LNG, ProactiveInvestors - Australia
(MENAFN - ProactiveInvestors)

3/2/2015 -  Grand Gulf Energy secures Yellowfin gas project in Louisiana, ProactiveInvestors - Australia
(MENAFN - ProactiveInvestors)

Grand Gulf ...

3/2/2015 -  Qatar, Mitsubishi to sign USD1.09b hydroelectric deal, MENAFN
(MENAFN) State-controlled Qatar Electricity and Water Company (QEWC) is set to sign a USD1.09 billion contract to build the Gulf country's largest power and water plant to Mitsubishi, Emirates 24\7 ...
3/2/2015 -  Petrol prices remain unchanged, The Peninsula
(MENAFN - The Peninsula) The federal government opted on Saturday to keep prices of petroleum products unchanged for the month of March, blocking an increase as high as Rs12 per litre proposed by ...
3/2/2015 -  Bold Saudi oil strategy paying off just three months later, Gulf Times
(MENAFN - Gulf Times) Three months after Saudi Arabia made clear it was going to let oil prices keep tumbling, the strategy is showing signs of working.

US drillers are idling rigs at a record ...
3/2/2015 -  Oil sails from Russia to Asia faster on smaller ships, Gulf Times
(MENAFN - Gulf Times) With supertankers booked solid carrying cheap crude, smaller vessels are taking advantage of the opportunity by hauling record volumes of Russian oil to Asia.

Aframax ...
3/2/2015 -  Rio Tinto merges copper, coal division in cost-cutting plan, MENAFN
(MENAFN) Anglo-Australian mining giant Rio Tinto announced it was merging its copper and coal divisions as a part of an ongoing cost-cutting plan, Oman Observer reported.

The world's second ...
3/2/2015 -  Qatar- MPHC sees lower sales volume and earnings, The Peninsula
(MENAFN - The Peninsula) Mesaieed Petroch-emical Holding Company (MPHC), a subsidiary of Qatar Petroleum, yesterday projected a lower sales volume and earnings for 2015.

In a statement that ...


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