A majority in the Danish parliament has signed an ambitious climate agreement seeking to reduce greenhouse gas emission by 70% by 2030 on a 1990 baseline, the Ministry of Climate Continue Reading
Construction of the 55 Bcm/year Nord Stream 2 gas pipeline from Russia to Germany is still set to be completed at the end of 2020 or the start of 2021, Continue Reading
Oil held near $42 a barrel in London as investors weighed signs of rebounding demand against a resurgence in new coronavirus cases. A rise in coronavirus cases in Germany and the recent jump Continue Reading
Oil prices were steady on Monday, supported by tighter supplies from major producers but held in check by concerns over a record rise in coronavirus infections worldwide that could stall Continue Reading
Odds of a V-shaped recovery in oil demand are shrinking. Demand for jet fuel will continue to drag on global oil demand for at least another two years. Permanent changes Continue Reading
The coronavirus will push debt levels in the world’s richest nations up by almost 20 percentage points on average this year, credit rating agency Moody’s said on Monday, almost double Continue Reading
Every day, traders in London congregate at 4 p.m. to buy and sell North Sea oil for half an hour. The window, as it’s known in the industry, is where Continue Reading
Oil producing nations with a high average fiscal break-even, but also oil traders have been caught off guard by the plunge in oil prices this Spring. Oil nations are forced Continue Reading
Work to lay the main pipeline to link UK-based Energean’s Karish and Tanin gas fields to the Israeli shore is now complete, the company said June 22. Receive daily email Continue Reading
Egypt’s leader Abdel Fattah al-Sisi has threatened to intervene militarily in neighbouring Libya if Turkish-backed forces capture Sirte, a strategic port and gateway to important oil terminals. The warning adds Continue Reading
