Goldman’s Top 5 Shale Plays For 2022
Blackrock CEO Larry Fink: elevated energy prices ” will spur a huge amount of investing .” Goldman Sachs: there are five robust factors that could fuel a tripling of oil Continue Reading
US natural gas storage deficit likely to widen as chilly spring weather persists
Survey predicts 42 Bcf build in the week ended April 22 Storage deficit would widen again to over 300 Bcf Milder temperatures point to larger end-April build US natural gas Continue Reading
Trafigura to stop buying crude from Russia’s Rosneft before May 15
Global commodities trader Trafigura Group will stop all purchases of crude oil from Russia’s state oil company Rosneft by May 15, a company spokesperson said on Tuesday. The Geneva-based firm Continue Reading
Russia to Cut Gas to Poland, Bulgaria Until Pay Demands Met
Gazprom says it will keep supplies turned off until Poland and Bulgaria agree to Moscow’s demand to pay for the crucial fuel in rubles. Bloomberg News Russia’s Gazprom PJSC said Continue Reading
Russia sees its oil output falling by up to 17% in 2022 -document
Russia may see its oil production fall by as much as 17% in 2022, an economy ministry’s document seen by Reuters showed on Wednesday, as the country struggles with Western Continue Reading
Russia’s GDP decline could hit 12.4% this year, economy ministry document shows
Russia expects the economy to contract by 8.8% in 2022 in its base case scenario, or by 12.4% under a more conservative scenario, an economy ministry document showed on Wednesday, Continue Reading
Blasts heard overnight in three Russian provinces along Ukraine border
Series of blasts were heard in the early hours of Wednesday in three Russian provinces bordering Ukraine, authorities said, and an ammunition depot in the Belgorod province caught fire around Continue Reading
European Gas Advances as Russia Cuts Off Poland, Bulgaria Supply
Gas prices surged as Russia carried through with its threat to halt flows. Bloomberg News European gas rose after Russia blocked flows to Poland and Bulgaria, sending a warning to Continue Reading
Four European Gas Buyers Made Ruble Payments to Russia
Four European gas buyers have already paid for supplies in rubles as Russia demanded and further cutoffs if others refuse the Kremlin’s requirement aren’t likely until the second half of Continue Reading
Polish PM decries Russian ‘gas blackmail’
Poland’s prime minister has lashed out at Russia for trying to “blackmail” his country with an abrupt cutoff of gas supplies. He says he believes the move was revenge for Continue Reading