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Oil Ends Steady Near $50; Best Monthly Gain in Brent in 7 years

Oil prices ended steady on Friday after hitting 2016 highs but finished April trading about 20 percent higher, with Brent crude having its best monthly gain in seven years. A weaker dollar and optimism that a global oil glut will ease have lifted…
2 May, 2016
https://v2.nrgibroker.com/wp-content/uploads/2016/05/shutterstock_2197866611-e1462230058678.jpg 133 200 admin https://v2.nrgibroker.com/wp-content/uploads/2015/10/logo-construction.png admin2016-05-02 18:01:242016-08-21 20:25:53Oil Ends Steady Near $50; Best Monthly Gain in Brent in 7 years
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Byron Energy encounters further hydrocarbons in the SM71-1 well in Gulf of Mexico

Byron Energy is pleased to provide an update on the Byron Energy SM71 #1 oil and gas discovery well located in the Gulf of Mexico in South Marsh Island Block 71 ('SM71'). Since the last report, on 27 April 2016, the well has been deepened,…
2 May, 2016
https://v2.nrgibroker.com/wp-content/uploads/2016/05/shutterstock_1885517361-e1462229337911.jpg 113 200 admin https://v2.nrgibroker.com/wp-content/uploads/2015/10/logo-construction.png admin2016-05-02 17:49:222016-08-21 20:28:44Byron Energy encounters further hydrocarbons in the SM71-1 well in Gulf of Mexico
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U.S. economy looks good but Fed remains cautious: Dudley

U.S. economic conditions are "mostly favorable" yet the Federal Reserve remains cautious in raising interest rates because threats loom, New York Fed President William Dudley said on Monday. Dudley, a permanent voter on rates and a close ally…
18 April, 2016
https://v2.nrgibroker.com/wp-content/uploads/2016/04/shutterstock_3945474371-e1461005616730.jpg 163 200 admin https://v2.nrgibroker.com/wp-content/uploads/2015/10/logo-construction.png admin2016-04-18 13:56:462016-08-21 20:32:42U.S. economy looks good but Fed remains cautious: Dudley
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Five reasons Development Banks hold the key to renewable energy investment boom

New Climate Economy report sets out how Multilateral Development Banks have a crucial role to play in mobilising clean energy investment The New Climate Economy (NCE) group has this month published a major new report detailing the crucial role…
18 April, 2016
https://v2.nrgibroker.com/wp-content/uploads/2016/04/shutterstock_2834504271-e1461003236926.jpg 134 200 admin https://v2.nrgibroker.com/wp-content/uploads/2015/10/logo-construction.png admin2016-04-18 13:14:482016-08-21 20:34:31Five reasons Development Banks hold the key to renewable energy investment boom
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Iran, India Sign MoU to Develop Oil, Gas Projects

OPEC member Iran and India – one of Asia's fastest growing source of energy demand – signed a memorandum of understanding (MoU) to develop oil and gas projects, including the Farzad B gas field, Iranian Petroleum Minister Bijan Zangeneh…
11 April, 2016
https://v2.nrgibroker.com/wp-content/uploads/2016/04/shutterstock_2949286131-e1460413962157.jpg 150 200 admin https://v2.nrgibroker.com/wp-content/uploads/2015/10/logo-construction.png admin2016-04-11 17:34:132016-08-21 20:59:01Iran, India Sign MoU to Develop Oil, Gas Projects
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Environmental engineers develop method to ID cause of sour hydrocarbons in wells

Rice University researchers have developed a technique to model oil and gas formations to determine the cause of souring. Credit: Jason Gaspar/Alvarez Lab In at least one—and probably many—oil and gas drilling operations, the use of biocides…
4 April, 2016
https://v2.nrgibroker.com/wp-content/uploads/2016/04/4-environmenta1-e1459805109530.jpg 102 200 admin https://v2.nrgibroker.com/wp-content/uploads/2015/10/logo-construction.png admin2016-04-04 15:30:482016-08-21 21:03:34Environmental engineers develop method to ID cause of sour hydrocarbons in wells
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Abu Dhabi’s Oil Chief Sees Crude Market Balancing by End of 2017

Oil markets will probably balance by the end of next year, with prices rising in the medium term, according to Sultan Al Jaber, the new head of Abu Dhabi National Oil Co. Prices, which have swung between highs of about $42 a barrel and lows…
4 April, 2016
https://v2.nrgibroker.com/wp-content/uploads/2016/04/shutterstock_275170592-baja-e1459800451573.jpg 261 400 admin https://v2.nrgibroker.com/wp-content/uploads/2015/10/logo-construction.png admin2016-04-04 15:22:402016-08-21 21:04:21Abu Dhabi’s Oil Chief Sees Crude Market Balancing by End of 2017
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Oil prices edge up on lower US rig numbers

Oil prices edged up in Asia on Monday, recovering slightly from last week s decline, but analysts said traders would likely delay any big moves until next month s meeting of key producers. Hopes for an agreement between Russia, Saudi…
28 March, 2016
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