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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Oil rises because of Russia's commitment to install production .. Shell sells Canadian assets of one

    Rocky
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    • Post n°1

    Oil rises because of Russia's commitment to install production .. Shell sells Canadian assets of one Empty Oil rises because of Russia's commitment to install production .. Shell sells Canadian assets of one

    Post by Rocky Sat Oct 22, 2016 3:15 am

    Oil rises because of Russia's commitment to install production .. Shell sells Canadian assets of one -1
    Oil rises because of Russia's commitment to install production .. Shell sells Canadian assets of one billion dollars


     Reuters / New York-Vienna-Caracas 

    Oil rose on Friday, with the renewal of Russia 's commitment to join the installed production to stem the decline in constant prices two years ago , but the rise of the dollar limited the gains. 
    At 0847 GMT , futures rose to raw International benchmark Brent 12 cents to $ 51.50 a barrel. 
    The US crude West Texas intermediate 50.65 dollars a barrel , up two from the previous settlement. 
    he said Russian energy Minister Alexander Novak, said that " the agreement to stabilize oil production isnecessary to raise prices and that he would submit proposals by Saudi counterpart early next week." 
    the Organization of the Petroleum exporting countries meeting on November 30 to reach a a common position on the imposition of restrictions on oil production, is expected to result in a determination of the size of theparticipation of each member in the installation of production. in 
    turn , CEO of Schuler-Blkman equipment for the oil fields, said the decline in the oil sector reached acrescendo , pointing to the high number of operating rigs. 
    said Gerald Grumman at a conference for investors "assume that the balance of supply and demand (next year), the 2018 to 2019 may be a factor very exciting for us , " he said , adding he did not expect large orders from Iran in the next year , despite the increase in production there. 
    as Royal Dutch Shell said it in the process of selling non - core assets of oil and gas in Western Canada valued at $ 1.03 billion to Tormalain Aweil , in the latest step taken global oil giant to reduce its operations in theregion. 
    Shell said it would sell 206 thousand acres of developed and undeveloped's produced 24 thousand and 850 barrels of oil equivalent land daily to Tormalain based in Calgary , Alberta. 
    working shell on the exit of assets worth $ 30 billion around the world have already pulled out of some of theprojects in western Canada. 
    deal consists of $ 758 million in cash and shares in Tormalain worth $ 279 million is expected to be completed in quarter the last of 2016. 
    for his part , Venezuelan President Nicolas Maduro began duration foreign tour four days, including Saudi Arabia, Iran, Qatar and Azerbaijan as the government seeks strapped for liquidity to ease a severe recession. 
    Maduro said in a television broadcast before leaving "It 's a tour of several countries .. quick tour and mission critical .. .. because the winter is coming and that was in the winter when oil prices collapsed two years ago. "
    accompanying Maduro, Minister of oil Aaolockheo del Pino , who also heads the national oil company PDVSA, before an important meeting of top producers oil in the world next month. 
    the Organization of the Petroleum exporting countries (OPEC) agreed in Algiers on 28 September to cut production to a range between 32.5 and 33 million barrels a day , which would be the first cut production since 2008. It is scheduled to confirm the details of the agreement during the last meeting in November 30. 
    the show Venezuela 's hard - line on prices optimistic about the chances of post - producing countries outside OPEC , such as Russia in the organization 's efforts. 
    the Venezuela has the largest oil reserves in the world , but its production decline this year amid a liquidity crisis.
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