Energy Update
DUBAI, June 27 (Reuters) - Banks were the main drag on Saudi
Arabia's stock market on Monday as investors grew wary before
second-quarter financial results, while most other Middle East
bourses recovered some of the losses from the sell-off after
Britain's Brexit vote.
In the second half of June, Armenia launched reconnaissance drilling of geothermal wells near Kyarkyar City in the southern part the country, according to a recent statement from Deputy Minister of Energy and Natural Resources of Armenia Hayk Harutyunyan.
DUBAI, June 27 (Reuters) - A consortium led by Abu Dhabi's
Masdar is aiming to raise an $800 million loan to help fund the
building of the 800-megawatt (MW) third phase of Dubai's solar
park, the company's chief executive told reporters on Monday.
PARIS, June 27 (Reuters) - French oilseed group Avril
announced on Monday a joint venture to invest 72 million euros
($79 million) in producing a resin ingredient from rapeseed that
it says will let the wood panel industry make savings on
traditional chemicals.
With the United Kingdom’s referendum gone to vote, the decision to “Brexit” has come at a critical time. The UK’s debate to leave the European Union is heavily rooted in history, with popular consensus at about an even split. While issues such as immigration, economics and institutional reform are at the heart of the desire to reform, there is uncertainty around what separation could mean for the UK’s clean energy future.
DUBAI/LONDON, June 27 (Reuters) - Oil minister Bijan
Zanganeh has handed the running of Iran's national oil company
to a trusted ally in a push to agree long-awaited deals with
global oil majors, which could be derailed by next year's
presidential polls.
WARSAW, June 27 (Reuters) - Polish state-run gas distributor
PGNiG said on Monday it had received its first spot
liquefied natural gas (LNG) delivery from Norway's Statoil
via Poland's newly launched terminal at the Baltic
coast.
LONDON, June 27 (Reuters) - UK shares opened lower on
Monday, extending losses from the previous session after
Britain's vote to leave the European Union hurled Britain into
political uncertainty.
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