prices rose on Wednesday on threats that Russia will walk away from its energy supply contracts, reversing losses from earlier in the session when prices fell to their lowest since Continue Reading
A lack of adequate natural-gas tankers due to surging demand for the fuel particularly from Europe in the wake of a power crunch and limited supplies is set to spur Continue Reading
Italian energy group Eni (ENI.MI) said on Wednesday it had agreed to acquire BP’s (BP.L) business in Algeria, including two major gas fields. Eni said it would take BP’s stakes Continue Reading
OPEC+ cut oil production targets by 100,000 barrels per day for the month of October. Though the cut was minimal, it could signal that further production cuts are on the Continue Reading
Iraq played the role of mediator in a series of secret meetings between Iran and Saudi Arabia. Comments from MbS in April 2021 paved the way for improved relations between Continue Reading
Azerbaijan and Uzbekistan are forging tighter partnerships as they look to bypass Russian trade routes. The landmark deal outlines joint projects in the oil and gas, petrochemical and renewable energy Continue Reading
The town of Khairpur Nathan Shah was flooded suddenly one-night last week when embankment defenses in the area gave way under the volume of water pushing against them. —This used Continue Reading
Highlights India’s 2022 LNG imports to drop 13% on year: S&P Global Demand destruction sets in amid high prices Players forced to ration supplies, optimize current term supplies LNG imports Continue Reading
An aerial view shows containers and cargo vessels at the Qingdao port in Shandong province, China May 9, 2022. Picture taken with a drone. China Daily via REUTERS BEIJING, Sept Continue Reading
The export boom that has powered China’s economy through the pandemic decelerated in August, reflecting the impact from rising inflation and slowing growth elsewhere in the world. The larger-than-expected slowdown Continue Reading
