Seven of the world’s largest energy companies will together boost oil and natural gas output by 398,000 barrels a day, the most since since 2010, according to Rystad Energy AS. Should crude remain above $50 a barrel, 2017 could be a break-out year, eliminating the need to borrow to pay dividends. Source: Bloomberg
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Ukraine’s state security service (SBU) raided the Kiev offices of Dragon Capital, one of the country’s largest investment banks, over the alleged use of illegal software at its premises, the bank’s spokeswoman said on Wednesday. Source Reuters
Greece’s economy will only grow by up to 1.5 percent this year, the leading IOBE think tank said on Wednesday as it trimmed its forecast due to slow progress on the country’s bailout review. Source Ethatimerini
Germany is getting signals from the United States that the Donald Trump administration will not impose a border adjustment tax on imports, Economy Minister Brigitte Zypries said on Wednesday. “We have received signals from the United States that there will not be a border adjustment tax,” Zypries said. Source Reuters