The EU agreed to a cap on the price of Russian oil as part of the sanctions imposed on Moscow for invading Ukraine. The Kremlin’s reaction was not long in coming: “Very soon the EU will blame Russia for using oil as a weapon,” they said, after announcing that they would not send more crude … Read more
The combination of the tax reform, the impacts of the Escazú Agreement on the sector, uncertainty about the signing of new exploration and production contractsand the public order problems that are being registered in the regions, have led the oil companies to reconsider their plans to invest in Colombia. “There are companies that, without a … Read more
AFP, published on Wednesday, October 19, 2022 at 10:37 p.m. The mobilization of strikers at the oil sites of TotalEnergies fell sharply on Wednesday with the lifting of the strike at three sites, while two others decided to continue their showdown with management, with the government insisting that the situation “continues to improve” on the … Read more
AFP, published on Wednesday, October 05, 2022 at 3:42 p.m. The state called on Wednesday for the “solidarity” of gas and electricity suppliers with companies, while promising to provide its guarantee to facilitate the signing of contracts, in a context of “delusional prices”. The main energy companies, including EDF, TotalEnergies and Engie, had been called … Read more
Colleague Abdel Halim Salem reviewed a number of important news in The Economic Bulletin of Youm7 TV On top of it is a service news about the applications of the Ministry of Electricity and Renewable Energy, led by Dr. Mohamed Shaker, Minister of Electricity, to facilitate for citizens in general, and to charge the balance … Read more
Al-Marsad newspaper: The architect and lecturer at King Fahd University of Petroleum and Minerals, Yahya Al-Najjar, explained that he is keen to provide jobs for anyone who asks him for a job, especially his students. He said during an interview with the “Podcast Petroleum” program, “No one comes to my office looking for a job, … Read more
Al-Marsad newspaper: The architect and lecturer at King Fahd University of Petroleum and Minerals, Yahya Al-Najjar, explained that he is keen to provide jobs for anyone who asks him for a job, especially his students. He said during an interview with the “Podcast Petroleum” program, “No one comes to my office looking for a job, … Read more
New York. The price of Texas intermediate oil (WTI) closed this Wednesday with a fall of 5.7%, to 81.94 dollars a barrel, its lowest price since January, due to investor concerns about a possible recession, restrictions in China due to covid-19 and a stronger dollar. At the end of operations on the New York Mercantile … Read more