Smallest crop in at least 30 years feared as planting approaches No awards in recent Japan, S. Korea tenders a potential sign of things to come Private demand also stalls Continue Reading
Leaders from European Union countries will agree at a summit this week to jointly purchase gas, liquefied natural gas and hydrogen ahead of next winter, according to a draft of Continue Reading
Gas flows via the Nord Stream 1 pipeline into Germany fell to 58.5 million kilowatt hours per hour on Tuesday, data from the pipeline operator showed. View full article at Continue Reading
Ukraine in Control of Gas Infrastructure: Naftogaz CEO European natural gas steadied on Tuesday as Russian supplies flow to the continent in line with orders and mild weather keeps demand Continue Reading
Russia’s attack on Ukraine helped push the price of oil to over $100 a barrel for the first time since 2014. Here’s how rising oil costs could further boost inflation Continue Reading
Three days after the invasion of Ukraine, a Boeing 737 — operated by Russia’s Pobeda but owned by Dublin-based Avolon — was impounded after landing in Istanbul. The plane’s seizure Continue Reading
A huge portion of Russia’s gross domestic product comes from its oil exports, and nearly 80% of those exports go to Europe. While Europe will suffer in the short term Continue Reading
France sees a potential ban on imports of Russian energy into the EU as an option, its Economy and Finance Minister Bruno Le Maire said over the weekend, adding that Continue Reading
Several Chinese state-owned refiners have returned to the Russian spot market to buy May-loading Urals crude barrels, attracted by their record discount to Dated Brent, refining sources told S&P Global Continue Reading
Novak says sanctions issues being ‘resolved’ by Russia Novak says customers happy to buy discounted Russian oil Sees little impact from US, UK import bans on Russian oil exporters Russia Continue Reading
DHL has confirmed new strategic collaborations with bp and Neste, to provide more than 800 million liters (211 million gallons US) of Sustainable Aviation Fuel (SAF) to DHL Express within Continue Reading
Crude oil futures were higher in mid-morning Asian trade on March 21, as the supply outlook remained tight on the back of reduced Russian supplies and a continued recovery in Continue Reading
Oil surged for a third day as the war in Ukraine neared the end of its first month with no conclusion in sight, while attacks by Iranian-backed rebels on energy Continue Reading
Oil prices jumped more than $3 on Monday, with Brent above $111 a barrel, as European Union nations consider joining the United States in a Russian oil embargo, while a Continue Reading
An increasingly illiquid oil market may lead to wild price swings. Since the beginning of the war in Ukraine, traders and speculators have been cutting their open interest in crude Continue Reading
Nations around the world are waking up to the threat of a global food crisis and taking steps to secure their own supplies. War between Russia and Ukraine, two of Continue Reading
The commodity price spike that’s been worsened by Russia’s invasion of Ukraine isn’t an equal-opportunity dispenser of economic distress. The commodity price spike that’s been worsened by Russia’s invasion of Continue Reading
The head of the United Nations on Monday warned that the world is “sleepwalking to climate catastrophe,” as the ongoing pandemic, the war in Ukraine and a lack of political Continue Reading
Russia’s invasion of Ukraine has sent oil prices soaring and could soon deprive oil markets of more than four million barrels of Russian oil. For decades, OPEC has been looked Continue Reading
Yemen’s Iran-aligned Houthi group fired missiles and drones at Saudi energy and water desalination facilities, causing a temporary drop in output at a refinery but no casualties, the Saudi energy Continue Reading
Highlights Refinery produces diesel, gasoline, butane Attacks also targeted other cities Houthi missile, drone attacks remain major Gulf oil security risk Saudi Arabia’s energy ministry on March 20 said the Continue Reading
Highlights Average oil output steady at 9.2 mil b/d Capex was $31.9 bil in 2021 ‘Economic conditions have improved’: CEO Saudi Aramco, the world’s largest oil company, said March 20 Continue Reading
The state-backed group, which had reported earnings of $49bn a year earlier, said the 124 per cent increase was driven by “higher crude oil prices, stronger refining and chemicals margins Continue Reading
A general view shows a unit of South Pars Gas field in Asalouyeh Seaport, north of Persian Gulf, Iran November 19, 2015. REUTERS/Raheb Homavandi/TIMA DUBAI, March 19 (Reuters) – Iranian Continue Reading
Stacks of newly-made nickel cathode sheets in Monchegorsk, Russia. Bloomberg News China and Russia’s trade relationship has become more complicated since the war started more than three weeks ago, raising Continue Reading
U.S. President Joe Biden’s warning of “consequences” for any aid China may give to Russia’s Ukraine war effort could force Chinese President Xi Jinping to choose between a longstanding lucrative Continue Reading
The Chinese Red Cross will offer an additional 10 million yuan ($1.57 million) of humanitarian assistance to Ukraine, Chinese foreign ministry spokesman Wang Wenbin told reporters on Monday. Wang’s comments Continue Reading
Australia’s offshore petroleum watchdog has cleared the way for Shell (SHEL.L) to restart its Prelude floating liquefied natural gas (FLNG) site off northwestern Australia, after a power outage forced a Continue Reading
Bloomberg News China imported twice as much liquefied natural gas from Russia last month than a year earlier, despite weakened appetite for spot purchases because of high prices. The world’s Continue Reading
Richard Guebert is getting ready to plant corn, wheat and soybeans in southern Illinois, about 50 miles south of St. Louis. But for reasons connected to Russia’s ongoing invasion of Continue Reading
The union representing workers at a Chevron oil refinery in Richmond, California, has told its members to prepare for a strike shortly after 12 a.m. on Monday barring agreement on Continue Reading
All Raquel Robles could do was watch the video on her phone, horrified and helpless, as first smoke, then fire, moved up her driveway and then destroyed the house she Continue Reading
Bloomberg: demand for drilling rigs in Canada has jumped to the highest in years. $100 oil has sparked change in the Canadian oil patch. Natural Resources Minister Jonathan Wilkinson said Continue Reading
The city of Kyiv covers 325 square miles and is divided by a broad river. It has about 500,000 structures — factories, ornate churches and high-rise apartments — many on Continue Reading
Russia’s attempt to conquer Ukraine could be headed toward a stalemate as heavy casualties and equipment losses take a toll on unprepared Russian forces that have failed so far to Continue Reading
Schlumberger, Halliburton, and Baker Hughes have not announced their withdrawal from Russia. FT: The current sanctions against Russia ban new investments of U.S. and EU companies in Russia’s energy, but Continue Reading
Bulgaria will not hold talks with Russian energy giant Gazprom to renew its natural gas purchase deal amid Russia’s invasion of Ukraine and will be looking at alternative supplies, Deputy Continue Reading
Ukrainian farmer Igor Borisov has 2,000 metric tons of corn from the fall harvest stuck in a warehouse behind Russian battle lines. Like other farmers across Ukraine, his crop for this Continue Reading
Germany said it had sealed a long-term agreement with Qatar for the supply of liquefied natural gas as Berlin seeks alternative energy suppliers to Russia. In Doha as part of Continue Reading
The EU is reviewing the bloc’s sustainable food strategy after a concerted push against the planned reforms by national governments, farmers and the agriculture industry. Brussels agreed two years ago Continue Reading
A worker guides drilling pipes at a gas drilling rig in the Lensk district of the Sakha Republic, Russia. The world’s three biggest oilfield service providers are halting future work Continue Reading
EU foreign ministers meet on Monday Biden due for EU, NATO, G7 summits Thursday in Brussels EU has sanctioned 685 Russians, Belarusians in March Oil embargo likely hinges on Ukraine Continue Reading
Russian energy giant Gazprom said on Monday it was continuing to supply gas to Europe via Ukraine in line with requests from European consumers. The company said the requests stood Continue Reading
European natural gas prices fell to the lowest level in almost three weeks amid steady shipments from Russia and a forecast for warmer weather. Benchmark Dutch futures declined as much Continue Reading
Source: Enel SpA Enel SpA , Italy’s largest utility, will exit from its Russia operations in a matter of months, Chief Executive Officer Francesco Starace said on Monday. “We are Continue Reading
The UK’s North Sea regulator plans to hold the first oil and gas licensing round since 2020 this year, as the country races to secure more domestic energy supplies in Continue Reading
You’re reading an excerpt from the Today’s WorldView newsletter. Sign up to get the rest , including news from around the globe, interesting ideas, and opinions to know sent to Continue Reading
Financial markets rallied Friday after Russian officials made vital transfers to foreign investors, sidestepping what would have been Moscow’s first sovereign debt default in nearly two and half decades. But despite Continue Reading
Oil prices extended their gains on Friday at the end of a third volatile week of trade after slim progress in peace talks between Russia and Ukraine raised the specter Continue Reading
Oil posted its first back-to-back weekly decline since December as intense volatility and geopolitical risks continued to upend markets. Futures in New York fell 4.2% for the five-day period to Continue Reading
