Oil, gas, petrochemicals, Sonatrach, and energy sector developments
A technical team from the SONELGAZ group arrived in the Nigerien capital Niamey to begin field inspections for the construction project of a power generation plant for the benefit of the Nigerien electricity company 'NIGELEC', according to a statement from the public group.
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DZD economy aliqtissad dz Algeria economy news
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Economy of Algeria news
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The United Nations has warned of the worsening humanitarian consequences resulting from the blockade on energy supplies to Cuba, noting that conditions are deteriorating day by day. Francisco Bichon, the UN resident coordinator in Cuba, stated in a statement that what is happening on the ground cannot be considered a temporary shortage, but rather a comprehensive energy crisis that has become the most prominent factor...
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Oil prices recorded a slight decline yesterday, Thursday, at settlement. Brent crude futures fell by 10 cents or 0.14 percent, reaching $70.75 per barrel at settlement. Meanwhile, West Texas Intermediate crude futures dropped by 21 cents or 0.32 percent, reaching $65.21 per barrel.
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A delegation from the public company arrives in Niamey.
elkhabar.com
Today, Friday, a technical team from SONELGAZ arrived in the Nigerien capital Niamey to begin the field inspections for the electricity production plant project for the Nigerien electricity company 'NIGELEC', according to a statement from the public group.
radioalgerie.dz
Oil prices recorded a slight decline yesterday, Thursday, at settlement. Brent crude futures fell by 10 cents or 0.14 percent, reaching $70.75 per barrel at settlement. Meanwhile, West Texas Intermediate crude futures dropped by 21 cents or 0.32 percent, reaching $65.21 per barrel.
radioalgerie.dzOil prices rose slightly on Thursday as investors awaited whether US-Iran talks would avert a military conflict threatening supply disruptions, although gains were limited by an increase in US crude oil inventories. The price of Brent crude futures reached $71.04 per barrel, up 19 cents, or 0.3 percent, at 04:15 GMT. West Texas Intermediate futures rose 15 cents, or 0.2 percent, to $65.57 per barrel. Meanwhile, the prices of Brent and West Texas Intermediate remained largely unchanged on Wednesday. Brent had risen on Monday to its highest level in 31 days.
al24news.dz
Oil prices rose slightly on Thursday as investors awaited whether US-Iranian talks would avert a military conflict threatening supply disruptions, although gains were limited by an increase in US crude oil inventories. The price of Brent crude futures reached $71.04 per barrel, up 19 cents, or 0.3 percent, at …
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The cost of renting a large crude oil tanker to ship two million barrels from the Middle East to China has risen to $206,141 per day, for the first time since April 2020, according to data from the London Exchanges Group and the World Scale index used to calculate shipping costs in the sector, marking a fourfold increase since the beginning of the year. This rise comes in the wake of increased crude exports from the Middle East, amid fears of a potential military conflict between the United States and Iran, prompting traders to intensify tanker rentals. Estimates suggest that rising shipping costs may reduce the profits of Asian refineries. Watch the full content on الشروق أونلاين
echoroukonline.com
Oil prices rose today, Thursday, to near their highest levels in seven months. Brent crude futures recorded $71.12 per barrel, up 27 cents or 0.3% by 01:23 GMT. West Texas Intermediate futures rose 23 cents or 0.4% to $65.65. Brent rose eight cents yesterday while West Texas Intermediate fell...
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