Out of bounds
11/7/15
Rome
"Eni" achieved a new discovery of oil in the Congo
Said Italian oil company Eni, it has made a new discovery of gas and condensate off the coast of Congo to explore "Nicola" marine sector 1, which is located in the XII marine block, about 20 km from the coast, and 3 kilometers from Nene marine field. The company said in a report in English via its website, that the expected reserves for this discovery range between 250 to 350 million barrels of oil equivalent during the test also achieved over 300 thousand cubic meters per day of gas standard and associated condensate. The company said it will begin in collaboration with its partners, commercial development studies which are made in the context of optimization of oil and gas discoveries in a statement XII Navy, pointing out that exploration in these areas, the process of confirming the effectiveness of Eni techniques, given the technical complexity of these processes.
Berlin
industrial output recorded the biggest drop in September
Data showed from the Ministry of Economy German on Friday that German industrial output biggest drop in more than a year in September record indicating that the slowdown in emerging markets affecting the largest economy in Europe.
The ministry said the factory production of goods declined 1.1 percent from its level in the previous month.
It was modified to read August lifted up into a decline of 0.6 percent instead of a decline of 1.2 percent in the previous estimate.
and decreased production in all sectors except the energy sector recorded an increase of 0.3 percent.
In the period between July and September factory production Goods from 0.3 down percent on a quarterly basis, despite the increase in the construction sector, which was not fully offset the decline in manufacturing production.
showed data released Thursday dropped German industrial orders unexpectedly in September, which is due primarily to weak external demand, indicating that the German economy may lose momentum at the end of this year.
London
growth of manufacturing production at the fastest pace in 18 months
On Friday, official data showed that the production of the British manufacturing sector rose in September as soon as monthly pace since April 2014, while the deficit in trade in goods fell more than expected. The Office for National Statistics said that the production of the manufacturing sector increased 0.8 percent in September compared to an increase of 0.4 percent in August. The affected manufacturing and trade negatively on the strong economic recovery in Britain during the last two years. And suffered operating in the manufacturing sector this year, companies from weak demand from Europe, which is facing a crisis and the sharp rise in the value of the pound sterling, although a survey released this week pointed to an improvement sector jobs in October. The decline in trade in goods deficit in Britain to 9.351 billion pounds in September from 10.786 billion in August, and despite the improvement Office for National Statistics said that is likely to adversely affect trade on the British economic output in the third quarter.
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