Search Results for: Qatar
A multibillion-dollar natural gas boom may reunify Cyprus
January 12th, 2017
A potential energy boom in Cyprus could spur a deal to reunify the ethnically-divided island after more than 40 years. A breakthrough may come at a United Nations-brokered multilateral summit in Geneva this week. The island nation has discovered ...
Oil prices running out of reasons to rally
January 10th, 2017
Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in U.S. shale production. For the better part of two months, optimism surrounding the OPEC deal has buoyed ...
Energy giants to begin talks for Cyprus gas
December 22nd, 2016
Cyprus Energy Minister Giorgos Lakkotrypis said on Wednesday that Italy’s ENI, France’s Total, and Qatar Petroleum with American ExxonMobil – headed by US president-elect Donald Trump’s choice for secretary of state, Rex Tillerson – are the energy firms that ...
Italy to bailout Monte dei Paschi di Siena bank with €20bn rescue fund
December 22nd, 2016
A €20bn (£17bn) rescue fund for Italy’s banking sector has been approved by the country’s parliament, heralding a bailout of the world’s oldest bank, Monte dei Paschi di Siena (MPS). The bank said late on Wednesday that it had ...
The world’s oldest bank survival may trigger deep crisis in whole Europe
December 8th, 2016
Monte dei Paschi bailout this weekend could trigger crisis in Italian banking Bankers are running out of private-sector solutions for Monte dei Paschi di Siena and have told the Italian lender to prepare for a state bailout this weekend ...
Oil price heads to $55 despite expected output rise
December 6th, 2016
Russia and Saudi Arabia predicted to increase exports before agreed cuts start in January The oil price is powering on, adding to a 14 per cent advance since the middle of last week following the landmark deal from Opec ...
What the OPEC Production Cut Will Really Mean for Oil Prices
December 1st, 2016
Crude oil prices–and the shares of U.S. oil and gas companies–surged over 8% Wednesday as the Organization of Petroleum Exporting Countries (OPEC) agreed to cut its output by some 1.2 million barrels a day to end a global glut. ...
Oil prices fall as strong dollar wipes out OPEC cut optimism
November 18th, 2016
Oil prices fell in early trading on Friday as the strengthening U.S. dollar snuffed out rekindled hopes that OPEC might agree production cuts. International Brent crude oil futures LCOc1 were trading down 13 cents at $46.36 per barrel at ...
FC Barcelona Signs Up Rakuten in $235 Million Jersey Deal
November 17th, 2016
Four-year agreement with Japanese firm among sport’s biggest Internet company’s logo will replace Qatar Airways next season Japanese e-commerce giant Rakuten Inc. is paying 220 million euros ($235.4 million) to emblazon its logo on the FC Barcelona soccer team’s ...
Oil prices pull back after another jump in U.S. supply
November 17th, 2016
Oil futures were lower in Asian trade Thursday after weekly data showed another large increase in U.S. inventories of crude. On the New York Mercantile Exchange, light, sweet crude futures CLZ6, -0.22% traded 8 cents lower at $45.49 a barrel, in the ...
