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Apicorp key sponsor for 24th World Energy Congress

ABU DHABI / WAM To build upon its commitment to bring together thought leaders from organisations across the world, the Organising Committee of the 24th World Energy Congress announced on Monday that the Arab Petroleum Investments Corporation (Apicorp) will actively support the 2019 Congress by becoming a Gold Sponsor. To further its ambition of becoming the trusted financial partner to ...

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Shell, partners approve $31bn project to speed gas to Asia

Bloomberg Royal Dutch Shell Plc and its four partners have agreed to invest in a multibillion-dollar liquefied natural gas project in western Canada — the largest new one of its kind in years that would carve out the fastest route to Asia for North American gas. LNG Canada — comprised of Shell, Malaysia’s Petroliam Nasional Bhd, Mitsubishi Corp., PetroChina Co. ...

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Crude extends longest quarterly rally in a decade

Bloomberg Oil extended gains in London after the longest quarterly rally in a decade as a slowdown in American drilling added to concern that supply losses around the world will lead to a tight market. Brent crude rose as much as 0.7 percent, after front-month futures climbed for a fifth straight quarter. As concerns over a global crunch due to ...

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