Gazprom is in discussions with banks as it looks to attract in 2020 project financing of US$14 billion for the construction of its Amur gas processing plant, which will be Continue Reading
Exxon has inked a preliminary agreement with Germany Uniper for future LNG supplies to a new import terminal in Wilhelmshaven, Reuters reports , citing the German company. The Wilhelmshaven project Continue Reading
Decommissioning the offshore platforms that have reached the end of their productive life will cost UK taxpayers some US$31.46 billion (24 billion pounds) over the next 45 years, a new Continue Reading
Germany should shut down all of its coal-fired power plants by 2038 at the latest, a government-appointed commission said on Saturday, proposing at least 40 billion euros ($45.7 billion) in Continue Reading
Germany is set to phase out all its coal-fired power stations by 2038, under a plan agreed by a government-appointed commission early on Saturday. The keenly-awaited deal calls for massive Continue Reading
Russia came in as China’s largest crude oil supplier in December, cementing the top spot for all of 2018 for the third year in a row ahead of rival Saudi Continue Reading
Russia should not unleash an oil price war against the United States but rather stick with output cuts even at the cost of losing market share in the medium term, Continue Reading
Russia slightly increased its oil production to 11.39 million barrels per day (bpd) on average between Jan. 1 and Jan 22, a source familiar with the Energy Ministry data told Continue Reading
Crude oil demand this year will grow by 1.4 million bpd, BP has estimated, despite growing worry about where the global economy is headed, which would affect demand for the Continue Reading
Russia shouldn’t try to bring U.S. shale production down with an oil price war, because Moscow would also be hurt in such an event, according to Kirill Dmitriev, chief executive Continue Reading
