How a U.S. coal deal warmed Ukraine’s ties with Trump
For the first time in Ukraine’s history, U.S. anthracite is helping to keep the lights on and the heating going this winter following a deal that has also helped to Continue Reading
New wind farm construction starts in Italy
German energy company E.ON starts construction on its eleventh wind farm in Italy. Photo courtesy of E.ON Feb. 19 (UPI) — In what would be its eleventh such project to Continue Reading
Is The Yamal LNG Project Overhyped?
In December 2017, Novatek launched its much-praised Yamal LNG in the Arctic Circle. Despite difficult permafrost conditions and financial limitations imposed by U.S. sanctions, Yamal LNG was finished on time Continue Reading
Oil hits highest in nearly two weeks on Asian equity recovery
Oil prices extended gains to hit their highest level in nearly two weeks on Monday, buoyed as Asian shares joined a global recovery in equity markets and as worries grew Continue Reading
Riding the Wave The Dated Brent benchmark at 30 years old and beyond
Global crude markets are changing at an unprecedented pace. Across all key oil-producing regions, markets look vastly different today than they did even three years ago, and it has become Continue Reading
OPEC And Shale Keep Oil Prices Between $60-$75
The interaction between U.S. shale and OPEC will continue to be the dominant narrative in the oil market this year, and the opposing forces could end up trapping oil prices Continue Reading
Saudi Arabia Is Taking a Harder Line on Oil Prices
Al-Falih says cuts should continue even if there’s a shortage Kingdom needs higher prices to implement economic reforms: RBC For decades, Saudi Arabia was the voice of moderation within OPEC, Continue Reading
Will China Repeat Last Year’s LNG Import Surge?
Ever since China overtook South Korea as the world’s second-largest importer of LNG last year, traders have been keeping a very close eye on any development that might suggest whether Continue Reading
Hezbollah Leader Threatens “We Will Open Fire” On Disputed Israeli Offshore Oil & Gas Operations
During a televised address in Beirut on Friday Hezbollah Secretary General Sayyed Hassan Nasrallah once again warned Israel to back off its claims over disputed oil and gas field just Continue Reading
Nigeria May Get Refund From Foreign Firms Over $16 Billion Egina Probe
Senate ad hoc committee investigating the $16 billion Egina Deep Sea Project has disclosed that the participating foreign firms in the contract would refund billions of dollars to the Federal Continue Reading