Has The U.S. Lost The Nordstream 2 Battle?
The Nordstream 2 pipeline represents the last stand of U.S. influence over the internal affairs of Europe. Once finished it will stand as a testament to the fundamental split between Continue Reading
UK’s LNG Imports Jump To Highest Since 2015
The UK is on track to import this month its highest volume of liquefied natural gas (LNG) since October 2015, as a wave of new global LNG supply and muted Continue Reading
OPEC, Russia Deepen Oil Output Cuts but Disagree on Their Duration
OPEC and a group of 10 oil-producing nations led by Russia are deepening their crude production cuts, but remain split on whether the curbs should remain in place through the Continue Reading
Russia’s Novak says sanctions volatility is a pain for energy markets
Russian Energy Minister Alexander Novak attends a session of the Russian Energy Week international forum in Moscow, Russia October 3, 2018. REUTERS/Sergei Karpukhin BAKU (Reuters) – Russian Energy Minister Alexander Continue Reading
Novatek close to deal with Saudi Aramco on Arctic LNG 2 project: CEO
Novatek Chairman of the Management Board Leonid Mikhelson takes part in a signing ceremony on the sidelines of the – Leonid Mikhelson, chief executive of Russian gas giant Novatek, said Continue Reading
UK Crude Oil Loadings Continue To Drop
The UK’s crude oil loadings remained below 800,000 bpd for the third month in a row in February, while authorities expect Britain’s crude oil production to decline through at least Continue Reading
Shell Outlines First Short-Term Carbon Emission
Royal Dutch Shell has set its first-ever short-term goals to cut the carbon footprint of its operations and product sales as the oil and gas industry is under intense investor Continue Reading
Russia’s Gazprombank sells its indirect stake in Venezuelan venture: source
Gazprombank, Russia’s third-biggest lender by assets, has sold its indirect stake in the Petrozamora joint venture in Venezuela, a source at the bank said on Thursday. Gazprombank, in a written Continue Reading
Can Putin Fix Russia’s Sputtering Economy?
“Blatant disrespect” for Russia’s government can now land you in jail, under a new law the country’s legislature has passed. Worried that Russians are increasingly inclined to criticize the state Continue Reading
VW Slashes 7,000 Jobs to Refocus on Electric Cars
Volkswagen AG plans to cut as many as 7,000 administrative positions over the next five years amid an industrywide scramble to slash costs and make room on the balance sheet Continue Reading