Benchmark Mineral Intelligence held its inaugural Battery Megafactories Europe 2022 event in Berlin; the event zeroed in on a number of pertinent points for the continent’s EV and battery supply Continue Reading
Russian gas flowed into Europe on Friday, while European gas prices continued to rise, as firms grappled with President Vladimir Putin’s threat to cut off supplies unless they paid in Continue Reading
Crude oil futures were largely steady in mid-morning Asian trade on April 1 as prices consolidated after US President Joe Biden’s announcement of a Strategic Petroleum Reserve release sent crude Continue Reading
SPR to release 1 million b/d for up to six months Analysts question long-term impact OPEC+ sticks to planned output hike Crude oil futures settled sharply lower March 31 after Continue Reading
Oil prices fell on Friday ahead of a meeting of International Energy Agency (IEA) member nations set to discuss a release of emergency oil reserves alongside a huge planned release Continue Reading
In office for nearly two years, Oil Minister Ihsan Ismaael has guided the ministry responsible for generating more than 90 percent of Iraq’s state revenues through periods of wildly fluctuating Continue Reading
U.S.: India buying more crude from Russia could expose it to a “great risk” in light of more sanctions against Moscow. Kpler data: Indian purchases of Russian oil had jumped Continue Reading
Venezuela’s state-run energy firm PDVSA is in talks to buy and lease several oil tankers amid a possible expansion in exports, according to three sources and a document seen by Continue Reading
About 16 million residents in Shanghai are being tested for the coronavirus during the second stage of the lockdown that shifted Friday to the western half of China’s biggest city Continue Reading
Saudi Aramco, is looking at several further opportunities to expand its downstream dealings with China. The new downstream projects with Sinopec follow this year’s earlier series of meetings in Beijing Continue Reading
In response to Putin’s aggression in Ukraine, many countries have introduced total bans on Russian crude. As a result, Russia has been forced to sell its oil at a heavy Continue Reading
Australia’s Santos Ltd (STO.AX) is locked in a dispute with ConocoPhillips (COP.N) over road access in Alaska, potentially holding up a $3 billion oil project, according to letters from both Continue Reading
President Joe Biden plans to release a million barrels of oil a day from U.S. reserves for six months. President Joe Biden delivered his strongest endorsement of oil on Thursday, Continue Reading
Biden Wants to Boost Metal and Mineral Production The Biden administration announced it will invoke Cold War powers to boost domestic production of materials for batteries needed to power electric Continue Reading
California, gripped entirely in drought, proposed a $2.9 billion plan to pay farmers to reduce some of their plantings in an effort to better manage water resources. The voluntary agreement Continue Reading
Strong demand and tight inventories are leading drivers to snatch up vehicles as soon as they hit the lot. Auto makers are expected to report weak vehicle sales for the Continue Reading
The U.S. Administration is mulling over whether to temporarily remove the summertime restriction on the sale of the higher-ethanol gasoline varieties in another policy attempt to lower high gasoline prices, Continue Reading
U.S. crude oil production has risen—albeit modestly—for the first time in ten weeks, the latest EIA data shows. Weekly U.S. field production of crude oil rose to 11.7 million barrels Continue Reading
The U.S. Department of the Interior sent a statement after Rigzone asked if its five-year program for leasing in the Gulf of Mexico would lapse. The U.S. Department of the Continue Reading
Russian troops began leaving the Chernobyl nuclear plant after soldiers got “significant doses” of radiation from digging trenches at the highly contaminated site, Ukraine’s state power company said Thursday as Continue Reading
Australia, Britain, Canada, and the United States have imposed outright bans on Russian oil purchases following Moscow’s invasion of Ukraine, but the European Union remains divided. The bloc’s 27 members Continue Reading
In normal times, the Dutch port of Rotterdam is like a machine: hundreds of ships come and go each day, and tens of thousands of boxes are loaded and unloaded Continue Reading
Sunflower oil is transported at a railway station in Cologne, Germany. Russia’s invasion of Ukraine has disrupted the supply of almost half of the world’s sunflower oil exports, forcing companies Continue Reading
In a market gripped by concerns over rising interest rates and soaring inflation, investors are avoiding European food delivery companies, turned off by their steep losses and determined efforts to Continue Reading
As Moscow’s forces bog down in Ukraine, many young Russians of draft age are increasingly jittery about the prospect of being sent into combat. Making those fears particularly acute is Continue Reading
Tia Rutherford is worried about her 3-year-old son. As energy prices soared last fall, she tacked fleece blankets over her doors and windows to keep the cold out and started Continue Reading
The U.S. on Thursday levied sanctions on nearly three dozen Russian companies and individuals that the Treasury Department said are helping Moscow evade the West’s economic pressure campaign and aiding Continue Reading
Russia’s rouble has wiped out nearly all of the losses incurred after Vladimir Putin’s invasion of Ukraine as Moscow applies draconian capital controls and blocks most foreign traders from exiting Continue Reading
Russia is running its military campaign against Ukraine out of Moscow, with no central war commander on the ground to call the shots, according to American officials who have studied Continue Reading
Protesters claim 10 fuel terminals have been blocked Some protesters arrested for action: police Comes as transport fuel prices surge in UK on Russia tightness ExxonMobil said April 1 it Continue Reading
