McDermott and Eunice Energy Group have signed a memorandum of understanding (MoU) to cooperate on a 2 GW electrical interconnector between Greece and Egypt. Eunice Energy Group is leading the transnational consortium between Greece and […]
Last year I warned repeatedly that Norway can not be expected to sit passively by while other countries drain its reservoirs and that it may well take steps to restrict exports. I drew attention to comments by […]
Exxon Mobil Corp. has set the cost of its planned Canadian renewable-diesel facility at C$720 million ($540 million) and said much of the fuel will be shipped to British Columbia to support the province’s emissions-reduction […]
US natural gas futures erased some losses but still hovered sub $3 per million British thermal units after federal regulators approved Freeport LNG’s request for a partial restart of operations at the liquefied natural gas […]
Last month, protestors stormed the Mongolian capital to denounce corruption in the country’s coal trade. Now the government says it has a solution to put a stop to years of shady business deals. Starting next […]
HOUSTON, U.S./BEIJING — China is quickly becoming the dominant force in liquefied natural gas, with Chinese buyers accounting for 40% of recent long-term LNG contracts among global players. Chinese energy major Sinopec Group reached a 27-year agreement […]
Russian oil shipments plunged by 820,000 bpd last week. Total Russian seaborne crude oil exports stood at 2.98 million bpd. Russian revenues from oil, albeit still massive, have declined in recent weeks, according to various […]
In response to the Biden administration’s Inflation Reduction Act, which awards $369 billion to green energy technologies, the European Union wants to double down and subsidize its own green industrial base, and in effect manufacture a green […]
Chevron Corp has sold a cargo of Venezuelan crude oil to another U.S. refinery, Phillips 66, anonymous sources have said. Chevron Corp recently sold 500,000 barrels of heavy Hamaca to U.S. refiner Phillips 66 to […]
LONDON, Jan 15 (Reuters) – Iranian oil exports hit new highs in the last two months of 2022 and are making a strong start to 2023 despite U.S. sanctions, according to companies that track the […]
Copyright © 2025 | Sandstone Group