Energy - Page 61

EU worried over Turkey drills off Cyprus

EU Foreign Affairs Ministers have expressed concern over Turkey`s activity in the Eastern Mediterranean and reiterated their full solidarity with Cyprus after Ankara said it will continue its illegal drills off the

23rd April 2020

Energy/World

Unthinkable becomes very real for U.S. crude oil price

By Jameel Ahmad, Global Head of Market Research and Currency Strategy at FXTM Could you ever imagine you would see the price of U.S. crude oil valued at less than a pizza?

21st April 2020

Energy/Markets/World

COVID19: Cyprus slams ‘Turkish piracy’ during pandemic

Cyprus has condemned another Turkish incursion into its designated maritime zone to drill for oil and gas in a move escalating tension during a time the world is fighting the coronavirus pandemic.

21st April 2020

Energy

COVID19: East Med needs reboot now offshore gas future delayed

The global downturn, caused by the effects of Coronavirus, combined with a continuous oil and gas glut for 2020, is putting a major damper on offshore gas projects worldwide. The future of

18th April 2020

Comment/Energy/World

Brussels will react if Turkey continues illegal drills

Brussels has warned Turkey that if it continues its illegal energy drills off Cyprus, the EU will respond with further sanctions, said Commission spokesman Peter Stano. Turkey says it will continue drilling

17th April 2020

Energy/World

COVID19: ExxonMobil postpones Cyprus energy drills

Cyprus energy plans have suffered a setback after major player ExxonMobil postponed until September 2021 two Cypriot gas drills scheduled for July due to cutbacks triggered by the coronavirus pandemic. ExxonMobil informed

13th April 2020

Energy/World

Oil left joyless on Good Friday as Mexico waves off OPEC+ deal

By Han Tan, Market Analyst at FXTM Brent fell by 4.1% and is struggling to keep its head above the psychological $30 level, while WTI edged closer to the $20 line plunging

10th April 2020

Energy/Markets/World

Oil bulls betting on OPEC+ production curb – will it be enough?

By Hussein Sayed, Chief Market Strategist at FXTM Oil futures jumped on both sides of the Atlantic on expectations the world’s biggest producers would finally agree on production cuts. That comes a

9th April 2020

Energy/Markets/World

Greece on lockdown, energy demand dives as Green Deal falters

Greece officially went into lockdown on March 16 as part of the government’s plans to curtail and control the spread of the deadly coronavirus. The closure of schools and universities, the ban

6th April 2020

Energy/World

COVID19: Lebanese oil and gas sector feeling the strain

By Mona Sukkarieh The coronavirus pandemic has rattled global oil markets in unprecedented ways. First, the failure of OPEC+ to agree on a collective response to the crisis early March drove a

30th March 2020

Energy/World