Brazil court allows Petrobras to sell Sergipe, Ceará offshore fields

29.01.2017 [11:24]
A Brazilian court has ruled that state-controlled oil company Petróleo Brasileiro SA can continue a process to sell several offshore oil fields in the country's northeastern region, according to Reuters. Petrobras said the Federal Regional Tribunal of the Fifth Region's decision allows the company to proceed with the sale of fields ...

Chevron net income, revenue rise in 2016 fourth quarter

29.01.2017 [10:54]
American energy giant Chevron saw its net income and revenue increase in the fourth quarter of 2016, the company announced on Friday. The U.S.' second biggest integrated oil company's revenue rose by 7.9 percent to $31.5 billion in the last quarter of 2016 ...

Gazprom's daily gas transport hits record high

28.01.2017 [18:04]
Russian energy giant Gazprom's daily natural gas transport hit record high with 635 million cubic meters (mcm), according to the statement released by the company on late Friday. According to Anadolu Agency, the company reported that the natural gas exports of 635 mcm on January 29 was ...

What is Chinese New Year? 

28.01.2017 [17:35]
This week, millions of people will be celebrating Chinese New Year, according to bbc.co.uk. It will be marked by communities all over the world. People will eat lots of food, enjoy fireworks, wear special clothes and hang red lanterns to mark the occasion ...

Elton John is writing songs for ‘Devil wears Prada’

28.01.2017 [15:11]
Sir Elton John is set to write songs for a musical version of ‘The Devil Wears Prada’. According to Huffington Post, the 2003 best-selling novel was adapted for the big screen in 2006, starring Meryl Streep in the lead role as magazine ...

Doomsday asteroid to hit Earth next month

28.01.2017 [12:39]
Last year Nasa detected an object, that could be a comet or an asteroid, on a path towards Earth, according to Daily Mail. The space agency has said the mysterious object will safely pass Earth at a distance of nearly 32 million miles ...

Trump prepared decrees on lifting of sanctions against Russia

27.01.2017 [19:27]
The administration of U.S. President Donald Trump has prepared the decrees on the lifting of sanctions against Russia. The White house already has all the necessary documents. About this informed the journalist of the American edition of Politico Susan Glasser, citing a source, according to News-original.ru. ...

Sony could be planning another 4K smartphone at MWC 2017

27.01.2017 [18:24]
Sony too has entered the fold of smartphone companies that will appear during the MWC 2017 trade show to showcase its wide range of phones, including a flagship device. It looks like in addition to following the same rectangular design cues of its previous generation phones ...

UK economy grows more than expected in final quarter of 2016

27.01.2017 [17:04]
The UK economy expanded faster than expected in the final quarter of last year, with output apparently shrugging off any impact from last summer's Brexit vote, according to The Independent. ...

U.S. to begin selling strategic petroleum reserves

27.01.2017 [15:26]
The U.S. will begin selling its strategic petroleum reserves (SPR) to generate revenue to modernize its SPR infrastructure, the country's Department of Energy announced Wednesday, according to Anadolu Agency ...

Alibaba's financial arm to acquire MoneyGram

27.01.2017 [10:41]
Ant Financial, e-commerce giant Alibaba's financial arm, announced late on Thursday that it has reached a deal to acquire U.S. money-transfer company MoneyGram for 880 million U.S. dollars, according to Xinhua ...

Social media use increased by 21 percent in 2016

26.01.2017 [21:46]
Global social media use has increased by 21% over the last 12 months, says social media management platform Hootsuite and social media agency We Are Social in a new report of social media and digital trends, according to CMO Innovation. The report examined data from 238 countries, and found that 50% of the world ...

Van der Bellen sworn in as new Austrian president

26.01.2017 [19:11]
Alexander Van der Bellen has been sworn in as Austria's president, the last act of a dramatic race for the position won by the left-leaning economics professor after a repeat vote, according to The Associated Press. ...

Austria's OMV, Iranian Dana Energy to collaborate in oil & gas industry

26.01.2017 [18:37]
OMV, a Vienna-based oil and gas company, and Iran's Dana Energy company signed a memorandum of understanding on Wednesday to cooperate in Iran's oil and gas industry, according to Anadolu Agency. ...

Six people killed by Chile wildfires

26.01.2017 [17:45]
Six people – among them four firefighters and two police – have now been killed battling vast forest fires in central Chile, officials said Wednesday, according to AFP. “I can now say officially that there are two more fatalities – two Chilean police ...

Somali militants ram car bomb into hotel, killing 28

26.01.2017 [16:26]
Islamist militants rammed a car bomb into the gate of a hotel in Somalia's capital Mogadishu on Wednesday, jumped clear and stormed inside on Wednesday, killing 28 people, government and medical officials said, according to Reuters ...

'Mexico doesn't believe in walls' says President Peña Nieto

26.01.2017 [13:51]
in Mexico, President Trump's signing of orders to begin work on a wall along the US's southern border has been met with anger. One politician said it was an insult to the country and urged the Mexican government to lodge a lawsuit for racial discrimination ...

Weekly inventories of crude oil and gasoline in U.S increased

26.01.2017 [12:25]
Weekly inventories of crude oil and gasoline in the U.S. increased, the country's Energy Information Administration (EIA) announced Wednesday. Crude oil stocks rose by 2.8 million barrels, or 0.6 percent, to reach 488.3 million barrels ...

Looted Syrian antiquities for sale in Denmark

25.01.2017 [21:30]
Danish police are investigating the attempted sale of looted Syrian antiquities within Denmark, North Zealand Police told broadcaster DR ...