All parties agreed to suspension in advance’: Gazprom Suspension comes amid major European supply disruptions Bulgaria received gas via TurkStream prior to April 27 cut-off Russia’s Gazprom said June 18 Continue Reading
Over the past several months the spread of so-called “clean-dark” and “clean-spark” prices have narrowed but still heavily favor coal usage for power plants, and the recent jump in gas Continue Reading
Oil rose on Friday, supported by supply tightness and new sanctions on Iran, but prices were on track for a weekly decline amid interest rate hikes from major central banks Continue Reading
Oil prices erased early gains to head lower on Thursday, a day after a fall triggered by a U.S. interest rate hike, though tight supply limited losses. Brent crude futures Continue Reading
The OPEC+ group was falling behind its overall crude oil production target by a massive 2.695 million barrels per day (bpd) in May due to Western sanctions on Russia and Continue Reading
Barkindo calls US shale basins ‘low-hanging fruit’ for more supplies US shares responsibility to maintain market stability, he says OPEC+ alliance not yet decided on output policy after August As Continue Reading
Negotiators representing dozens of developing nations left Germany empty-handed as rich countries blocked their attempts to secure compensation for the damage caused by climate change. The talks that ended in Continue Reading
With no nuclear deal with Iran in sight, the United States Treasury has slapped additional sanctions on companies based in Iran, China and the UAE for enabling the export of Continue Reading
The United States imposed sanctions on Thursday on Chinese and Emirati companies and on a network of Iranian firms that help export Iran’s petrochemicals, a step that may raise pressure Continue Reading
Israeli and American intelligence officials have been watching each day as Iran digs a vast tunnel network just south of the Natanz nuclear production site, in what they believe is Continue Reading
