Russia is responding to Western sanctions by cutting oil production. The country said it plans to cut oil production by 5%, or 500,000 barrels per day, according to the Wall Street Journal. Following Russia’s invasion of Ukraine, […]
Handling of energy resource, imports on rise amid move toward cleaner fuel in achieving green transition China’s demand for liquefied natural gas is expected to rise in 2023, and use of the super-chilled fuel is […]
Oil prices spiked on Friday morning as Russia announced plans to cut its oil production by 500,000 bpd in March. Oil prices had been under pressure in the second half of the week as the […]
Three very different but small countries in completely opposite parts of the world share the same characteristics – once they had significant gas resources, now it’s mostly gone. The daily news in the E&P sector […]
Kazakhstan is banning the export of fuels for four months regardless of the mode of transportation, beginning on February 18, the Kazakh Finance Ministry said in a statement. The country is banning exports of gasoline, diesel, […]
During Europe’s energy crisis, the US stepped up its supply of liquefied natural gas to the region to replace Russian fossil fuels. However, looking ahead to growth of the US LNG market in the coming […]
The French nationwide strike over proposed pension reform (Macron is seeking to raise the retirement age from 62 to, gasp, 64; the French say “non”) which we profiled last week, interrupted on Tuesday the shipment […]
It looks like Tesla’s price cuts in China have worked, at least for now. The company’s China segment shipped 66,051 vehicles in January, according to Bloomberg, citing preliminary data released by China’s Passenger Car Association. […]
Neither the New York Times, the Western experts that writer Ana Swanson cites, nor the IMF can credibly be accused of being “Russian-friendly”, let alone so-called “Russian propagandists” or even “Russian agents”, which thus confirms […]
The pier at Dominion’s Cove Point liquefied natural gas (LNG) plant on Maryland’s Chesapeake Bay is seen in this picture taken February 5, 2014. REUTERS HOUSTON, Feb 1 (Reuters) – U.S. exports of liquefied natural […]
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