Recent Posts

Russia remains China’s top crude supplier for fifth month in a row

BEIJING / Reuters Russia held its spot as China’s top crude oil supplier for a fifth month in a row in July, with shipments up 54 percent over a year earlier, data showed on Wednesday. Russian shipments last month came in at 4.97 million tonnes, or about 1.17 million barrels per day (bpd), the General Administration of Customs said in ...

Read More »

Bahrain’s Bapco to meet France’s Technip-led consortium in expansion bid

KHOBAR / Reuters State-run Bahrain Petroleum Co (Bapco) will meet a consortium led by France’s Technip for further talks over the planned expansion of Bahrain’s only oil refinery, sources close to the matter told Reuters. Bahrain has long been planning to expand the Sitra refinery and industry sources told Reuters in April that all bidders for the work had been ...

Read More »

Europeans abandoning utility companies in droves

Bloomberg Home energy use is finally exciting to people. Unfortunately for the traditional utilities, it’s not because of them. A combination of new technology and a push toward low-carbon energy has caused customers at Europe’s largest and most-established utilities to flee. The average annual rate of leavers is nearly 12 percent, more than double the rate a decade ago, according ...

Read More »
Send this to a friend