Title : The Market And Energy Page, T+217 -- August 25, 2017
link : The Market And Energy Page, T+217 -- August 25, 2017
The Market And Energy Page, T+217 -- August 25, 2017
Global warming? Nope, an ice-breaking LNG carrier: First tanker crosses northern sea route without ice breaker -- BBC News. Data points:- commercial LNG tanker
- from Europe to Asia across the colder, norther route
- without protection of an ice-breaker for the first time
- specially-built ship (sort of takes the wind out of the global warming article, doesn't it?)
- six-and-a-half days -- a record (article doesn't say by how much it beat the old record)
- carried natural gas from Norway to South Korea
- Christophe de Margerie: world's first and, at present, only ice-breaking LNG carrier
Oil is back! From Bloomberg -- China energy giant rewards investors as higher oil buoys profit.
China’s biggest oil producer passed on to investors the benefits of higher global prices with almost 12.7 billion yuan ($1.9 billion) in dividends, the Beijing-based company said Thursday. While seen as a one-time payout, and small relative to international majors, the move raised expectations of more investor rewards this year from China’s state-owned giants.
Earnings by the biggest explorers including Royal Dutch Shell Plc, Exxon Mobil Corp. and Chevron Corp. improved as oil prices in the first half averaged about 30 percent higher than a year ago, near $53 a barrel. That’s helped them generate enough cash to meet investors’ expectations of taming debt while sustaining dividends.
Thus Article The Market And Energy Page, T+217 -- August 25, 2017
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