With high oil prices and an incredibly tight physical oil market, Iran’s oil industry is bouncing back and providing the government with significant income. China, Russia, Turkey, Venezuela, and Afghanistan are all eager to increase […]
India will require $20 trillion of capex to meet the ambitious 2070 Net Zero target and that would be led mostly by the private sector.New Delhi:Indiawill need capital expenditure to the tune of a whopping […]
European buyers have had to temporarily set aside green aspirations in a rush for coal as the region’s energy crisis deepens, ramping up shipments from Australia, South America, Colombia and South Africa while tightening the […]
Senate Majority Leader Chuck Schumer and West Virginia Senator Joe Manchin released the outline of a tax, climate and health care deal on Wednesday, in what could prove to be major breakthrough after weeks of […]
Glencore Plc, the mining and commodity trading giant, agreed to supply coal to a Japanese customer at one of the highest prices ever paid by the nation, threatening to further accelerate inflation. Nippon Steel will […]
The Federal Reserve on Wednesday enacted its second consecutive 0.75 percentage point interest rate increase as it seeks to tamp down runaway inflation without creating a recession. The Federal Reserve on Wednesday enacted its second […]
G7 wants oil price cap on Russian crude installed by December 5th. December 5 is also the date that the EU’s ban on Russian seaborne crude oil imports goes into effect. A price cap on […]
LONDON, July 27 (Reuters) – European Union policymakers have started to prepare the public for siege conditions this winter if gas supplies from Russia are completely cut, an effort to demonstrate diplomatic resolve as well […]
U.S. LNG project developer NextDecade has signed a 20-year sale and purchase agreement (SPA) with compatriot energy major ExxonMobil for the supply of LNG from NextDecade’s Rio Grande LNG export project in Texas. On 27 […]
The U.S. still remains ‘a ways away’ from reaching an international agreement to impose a price cap on Russian oil exports, with limited enthusiasm from the world’s largest energy buyers India and China, so far, […]
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