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Refining

 
 
 

OPEC meeting in Vienna concludes

The conference decided to implement a new OPEC-14 production target of 32.5 million bpd, in order to accelerate the ongoing drawdown of the stock overhang and bring the oil market rebalancing forward.

 

OPEC: short term gain, long term pain?

Nick Leung, Research Analyst at WisdomTree, previews the OPEC Vienna meeting and explains why this may produce short term tactical opportunities for oil investors.

 

Sempra files to construct Port Arthur LNG

Sempra Energy subsidiaries have announced filing for a Federal application to construct natural gas liquefaction and export facilities for the Port Arthur LNG project in Texas, US.

 
 
 
 
 
 
 

Rosneft submits mandatory offer

Rosneft has submitted a mandatory offer for the acquisition of Bashneft ordinary shares from minority shareholders.