U.S. sanctions will not affect Nord Stream 2: Germany
Germany has been assured by the United States that any sanctions imposed on Russia will not affect the building of a gas pipeline to bring Russian gas to Europe, a Continue Reading
BP gets praise for smart bet on EV
BP’s acquisition of Britain’s largest electric vehicle charging company gives the supermajor an edge in a changing retail segment, an analytics company said. The British energy company announced Thursday it Continue Reading
Is The Russia-Korea Pipeline Feasible?
The chances of a gas pipeline from Russia to South Korea through the territory of North Korea—a decade-old idea that was on hold due to North Korea’s hostilities—have now risen Continue Reading
Oil Major Eni To Commit To Becoming Carbon Neutral
Italy’s oil major Eni will announce by the end of this year binding commitments to become carbon neutral, its chief executive Claudio Descalzi said on Monday, in what would be Continue Reading
Russia Gets $63.5 Billion Windfall From OPEC+ Deal
Russia’s budget has received more than US$63.5 billion (4 trillion Russian rubles) in additional revenues thanks to the production cut deal between OPEC and non-OPEC nations led by Russia that Continue Reading
Surging oil prices send eurozone inflation above ECB target
The surge in the price of oil has pushed eurozone inflation above the European Central Bank’s target, but policymakers in Frankfurt are expected to ignore the rise as broader price Continue Reading