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Month: April 2022

Category:
  • Electric Cars
  • Europe

Benchmark Gigafactories Europe paints grim raw material supply picture; “Auto OEMs will need to become miners”

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

Posted On : 2 Apr 2022 Published By : Tom Whipple
Category:
  • Natural Gas Exports
  • Prices

Gas still flows from Russia to Europe as buyers navigate Putin’s rouble order

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

Posted On : 1 Apr 2022 Published By : Tom Whipple
Category:
  • Prices

NYMEX crude hovers around $100/b after US announces SPR release

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

Posted On : 1 Apr 2022 Published By : Tom Whipple
Category:
  • Prices

OIL FUTURES: US SPR release, OPEC+ output hike send crude sharply lower

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

Posted On : 1 Apr 2022 Published By : Tom Whipple
Category:
  • IEA
  • Prices

Oil falls as IEA members meet to discuss stocks release

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

Posted On : 1 Apr 2022 Published By : Tom Whipple
Category:
  • Iraq

Q&A: Ihsan Ismaael, Oil Minister and President of INOC

 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

Posted On : 1 Apr 2022 Published By : Tom Whipple
Category:
  • India

U.S. Warns India Against Buying More Russian Oil

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

Posted On : 1 Apr 2022 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela’s PDVSA seeks oil tankers in anticipation of U.S. sanctions easing

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

Posted On : 1 Apr 2022 Published By : Tom Whipple
Category:
  • China

Shanghai moves to 2nd part of lockdown as testing lines grow

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

Posted On : 1 Apr 2022 Published By : Tom Whipple
Category:
  • China
  • Saudi Arabia

Saudi Aramco Further Tightens Its Ties To China

 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

Posted On : 1 Apr 2022 Published By : Tom Whipple

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