Natural gas prices in Europe reversed earlier gains as ample liquefied natural gas imports offset lower deliveries from Norway amid planned works. Benchmark futures were 0.2% lower, after rising as Continue Reading
2021 was a year of extreme weather and natural disasters for the continent, from heat waves to flooding and droughts. Climate change produced another record-breaking year of extreme weather in Continue Reading
Senior Biden administration officials say they believe that the next four weeks will shape the eventual outcome of Russia’s war in Ukraine, with long-lasting ramifications that will influence the drawing Continue Reading
U.S. supermajor ExxonMobil, which joined other international majors in announcing withdrawal from Russian oil and gas projects, plans to shut down all its businesses in Russia by June 24, Reuters Continue Reading
OilX data suggests that Russian production has declined by 10% since the start of the Ukraine War. IEA: Russian oil supply is expected to fall by 1.5 million bpd in Continue Reading
Would be all-time high for Russian storage levels Slightly up on the level reached by end-October 2021 To hike the maximum withdrawal rate to 852.4 million cu m/d Russia’s state-controlled Continue Reading
Seaborne product exports hit most but crude flows little changed India buys more crude while China flows hold steady Diesel imports surge to the Netherlands’ oil refining/storage hub Russia’s seaborne Continue Reading
China’s credit card processor has refused to work with banks in Russia for fear of being targeted by sanctions over its war on Ukraine, cutting off a possible alternative after Continue Reading
European Union countries are edging towards a deal on how to share the burden of cutting greenhouse gas emissions within the EU, with states poised to accept national targets proposed Continue Reading
The United States on Wednesday imposed sanctions on dozens of people and entities, including a Russian commercial bank and a virtual currency mining company, hoping to target Moscow’s evasion of Continue Reading
