British lawmakers will be asked to consider legislation this week that would let ministers impose a wider range of sanctions against Russia should it move against Ukraine , the British Continue Reading
Oil markets are looking increasingly bullish as geopolitical risks spike and inventories continue to drain. Friday, January 28th, 2022 For the first time in seven years, Brent prices surged past Continue Reading
Oil posted its sixth straight weekly gain, with prices trading near a seven-year high as crude makes a roaring start to 2022. West Texas Intermediate rose 2% for the week Continue Reading
McKinsey: Net-Zero transition will cost $9.2 trillion in annual investment till 2050 This annual average includes investment in the energy, mobility, industry, buildings, agriculture, and forestry and other land-use sectors Continue Reading
Chevron Chairman and CEO Mike Wirth discusses fourth-quarter results and the potential for triple-digit oil prices Triple-digit oil prices are possible in the next few months as geopolitical risks and Continue Reading
High global natural gas prices are breaking a two-year logjam of new U.S. liquefied natural gas (LNG) projects with at least three of the multibillion-dollar proposals likely achieving enough supply Continue Reading
The number of confirmed coronavirus cases is increasing again in Iraq as the omicron variant spreads and vaccination rates remain low, but the new strain’s milder symptoms are relieving pressure Continue Reading
Increased transit volumes at the Panama Canal pushed wait times higher for clean petroleum product and unreserved LNG tankers during the week ended Jan. 28, as more cargoes headed to Continue Reading
One of the world’s top liquefied natural gas exporters, Australia, says it is ready to ship LNG cargoes to Europe to “support its friends and allies,” as the U.S. is Continue Reading
China will, by the end of the year, have more renewable and low-carbon power generation capacity than fossil fuel capacity, the country’s Electricity Council has reported. Reuters reports that China Continue Reading
