Denmark has joined the list of countries refusing to pay for Russian gas using a ruble conversion scheme, prompting the country’s state-run gas company on Monday to warn that Gazprom Continue Reading
Following the market launch of the eActros for heavy-duty distribution transport in 2021, Mercedes-Benz Trucks is systematically pressing ahead with the introduction of additional battery-electric models for this and coming Continue Reading
Tightness in refined product markets continues to buoy oil prices Singapore 0.5%S marine fuel swap structure at all-time high Investors skittish after Iran seizes two Greek oil tankers Crude oil Continue Reading
Oil climbed as China eased anti-virus lockdowns and the EU worked on a plan to ban imports of Russian crude. Brent crude topped $120 a barrel, before paring some gains, Continue Reading
Oil prices rose on Monday, hitting their highest in more than two months, as traders waited to see whether a planned European Union meeting would reach an agreement on banning Continue Reading
Sky-high refining margins for diesel and gasoline in Europe and the United States, driven by a cutoff in Russian supply, has sent prices for some types of physical crude oil Continue Reading
It now costs Ayan Hassan Abdirahman twice as much as it did just a few months ago to buy the wheat flour she uses to make breakfast each day for Continue Reading
Current OPEC+ supply agreement ends in September Quotas will need renegotiating, with credibility at stake Ministers to meet June 2 to set July production targets Come September, OPEC’s oil market Continue Reading
Shell Plc (SHEL.L) said on Monday it had given the go-ahead to develop the Crux gas field off Australia, which analysts estimated would cost around $2.5 billion. Construction is expected Continue Reading
India plans to phase down at least 81 coal-fired utilities over the next four years, the federal power ministry told top energy department officials of state and federal governments in Continue Reading
