- A winter storm that hit parts of the southern United States over the past week led several energy companies to report stronger-than-expected results after they were called on to provide more power at higher prices, while others faced millions of dollars in losses.
Brazil's oil sector regulator ANP does not see President Jair Bolsonaro's appointment of a new Petrobras CEO altering the country's policy of opening up the domestic refinery market to private investment, ANP director-general Rodolfo Saboia said on Monday.
TULSA, Okla. and VANCOUVER, British Columbia, Feb. 19, 2021 -- Jericho Oil Corporation (JROOF) is pleased to support the Hydrogen Councils new report released Wednesday highlighting hydrogens role in a rapid and deep decarbonizing world, including its cost competitiveness and various end applications.
* Mining, oil sector shares jump on commodities rally. * Oil at one-year high, copper highest in nearly a decade. * China shares falter on return from Lunar New Year. * Bond yields steady after sell-off. * Sentiment still positive on recovery hopes. * Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn. * Graphic: World FX rates http://tmsnrt.rs/2egbfVh. By Marc Jones.
* Mining, oil sector shares jump on commodities rally. * Oil at one-year high, copper highest in nearly a decade. * China shares falter on return from Lunar New Year. * Bond yields steady after sell-off. * Sentiment still positive on recovery hopes. * Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn. * Graphic: World FX rates http://tmsnrt.rs/2egbfVh. By Marc Jones.
Norway's oil industry employers struck a wage bargain with the Safe labour union on Tuesday, preventing a strike at the Mongstad crude terminal and shutdowns of major offshore oil and gas fields, Safe told Reuters. The Norwegian Oil and Gas Association, which negotiated on behalf of energy firms, confirmed the agreement.
- A deep freeze across the United States is taking a toll on the energy industry in the largest U.S. crude-producing state, halting Texas oil wells and refineries on Monday and forcing restrictions from natural gas and crude pipeline operators.
- A deep freeze across the United States is taking a toll on the energy industry in the largest U.S. crude-producing state, halting Texas oil wells and refineries on Monday and forcing restrictions from natural gas and crude pipeline operators.
* S&P 500 ends higher. * MSCI global equity index gains for 9th day. * Oil slips. By Caroline Valetkevitch. MSCI's gauge of stocks across the globe rose for a ninth session and U.S. stocks ended mostly higher on Thursday, supported by technology shares, while oil prices slipped. The technology sector gained 1.1% and gave the S&P 500 its biggest boost, while energy fell along with oil prices.
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