By Charles Kennedy China has become a regular importer of LNG from Russia’s sanctioned Arctic LNG 2 project, with a third cargo recently discharging at a…
Posts tagged as “oilprice.com”
By Haley Zaremba Ocean waves possess enough energy to meet global energy needs multiple times over, offering a massive potential source of clean, baseload power.…
By Charles Kennedy China, the biggest buyer of oil from Venezuela, saw trade with Venezuela stall on Tuesday after U.S. President Donald Trump threatened on Monday 25%…
By Julianne Geiger The Groningen gas fields will be turned off on October 1 of this year, and permanently close next October, The Netherlands Minister of…
By Simon Watkins Saudi Arabia last week reiterated its commitment to China as its “most reliable partner and supplier of crude oil,”. MbS seemingly now…
By Irina Slav Hedge fund manager Andurand tweeted this week that oil markets are completely broken. The degree of oil price volatility has changed but…
By Tsvetana Paraskova As the U.S. national average price of gasoline hits $5 per gallon, higher fuel exports out of America are additionally sapping domestic fuel…
By Tsvetana Paraskova IEA expects crude demand to reach 101.6 million bpd in 2023. IEA: Next year, global oil supply may struggle to catch up…
By Charles Kennedy Germany could lend up to $10.4 billion (10 billion euro) to bail out a former unit of Russia’s Gazprom, which the German…
By Irina Slav Libya is losing oil production at the rate of 1.1 million barrels daily, the country’s oil minister Mohammed Aoun has said, adding that almost…
by Tsvetana Paraskova Lithium producer Albemarle could be forced to close its plant in Germany if the European Union classifies the key mineral lithium as…
By Tsvetana Paraskova Russia said on Thursday it had added the equivalent of $9.4 billion to its government emergency reserve fund, with the money coming from extra oil…
By Eurasianet During a visit to Kazakhstan, China’s Foreign Minister Wang Yi warned his counterparts to steer clear of geopolitical conflict. China has refused to…
By Tsvetana Paraskova OPEC+ is currently pumping 2.6 million barrels per day below its target. Since OPEC+ started reversing last year the record cuts from…
By Josh Owens Nuclear energy has long been deemed too dangerous, too expensive, and too slow to build, with governments and companies alike eschewing nuclear…
By Irina Slav The U.S. may relax its sanction pressure on Tehran to allow more Iranian oil barrels to enter the global market, the head of…
By Charles Kennedy The Russian Foreign Ministry has placed sanctions on U.S. Energy Secretary Jennifer Granholm along with 60 other U.S. citizens and top officials, Interfax news…
by ZeroHedge Expect higher food prices but little relief at the pump with Biden’s latest questionable move to combat inflation… Last Friday, Biden’s EPA Mandated the Most…