PARIS (Reuters) - France has identified a zone off the coast of Normandy for the construction of a 1 Gigawatt (GW) windfarm and launched the tender process for its development, Environment Minister Barbara Pompili said on Saturday. The planned windfarm will be located 32 km (20 miles) off the shore...
By Julia Payne LONDON (Reuters) - Oil slipped from seven-month highs on Thursday as signs of growing supplies helped to halt a rally driven by optimism that vaccines will revive fuel demand. Brent futures had risen to nearly $50 a barrel this week after three major pharmaceutical companies announced progress on vaccines...
BEIJING (Reuters) - China has accelerated imports of crude oil, propane and liquefied natural gas (LNG) from the United States since July, but total energy product purchases through October remain far short of targets for 2020 set out in the Phase 1 trade deal with Washington. Over the first 10 months of...
By Rania El Gamal, Alex Lawler and Vladimir Soldatkin DUBAI/LONDON/MOSCOW (Reuters) - OPEC and its allies see oil inventories declining further in 2021 should producers extend supply curbs for three months or more, a confidential document seen by Reuters shows, supporting the case for a tighter policy on crude output...
By Noah Browning LONDON (Reuters) - Global oil demand is unlikely to get a significant boost from the roll-out of vaccines against COVID-19 until well into 2021, the International Energy Agency (IEA) said on Thursday, a view that curbed oil price gains since vaccine progress was announced earlier this week. "It...
By Sonali Paul and Kirsty Needham MELBOURNE/SYDNEY (Reuters) - Australia's Woodside (OTC:WOPEY) Petroleum shelved talks to sell stakes in a gas field and liquefied natural gas (LNG) project to Chinese firms because of the diplomatic row between Australia and China, the company's chief executive said on Thursday. Chief Executive Peter Coleman said the...

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