(Bloomberg) – Libya’s largest oil field halted production after protesters entered the facility, according to a person with direct knowledge of the operations. Libya’s Sharara oil field The country’s National Oil Corp. had warned earlier […]
Yahoo Finance HOUSTON (Reuters) -Oil prices dipped during the first session of 2024, with economic headwinds from interest rate jitters unraveling gains from worries that tensions in the Red Sea could disrupt supplies. Source; Reuters […]
Maersk has paused shipping through the Red Sea until further notice after one of its vessels came under attack from Houthi militants over the weekend. The decision by the Danish shipping giant extends a 48-hour […]
(Bloomberg) – Russia’s biggest liquefied natural gas (LNG) producer began production at its Arctic LNG 2 project — despite U.S. sanctions — in a move that could provide some relief to the tight global market […]
ENERGY TRANSITION EPISODE #92 – Energy Trends in 2024 Highlights of the podcast: 01:17 – Energy restriction by geopolitical influences 04:40 – The governments want something different than what the people want 10:20 – Natural […]
Fears of lower demand and rising non-OPEC supply threatens OPEC+ cuts. U.S. oil producers took everyone by surprise this year by adding 1 million barrels in daily output. OPEC’s share in the global total may […]
Iran sends destroyer to waterway as US navy sinks Houthi boats Brent declined 10% last year, its first annual drop since 2020 Oil rose after Iran sent a warship to the Red Sea in response to […]
The sovereign funds have been seized by the West as part of Ukraine-related sanctions Nearly $300 billion worth of Russian forex reserves have been frozen by Western countries since March 2022. The EU has been […]
ENB Pub Note: – “Sanctions do not work as intended.” – Irina Slav – Her quote will also play out in these latest sanctions against Russia. In case anyone missed the numbers, Russia has successfully […]
Moscow will seek the “harmonious integration” of new members and boost internal cooperation and global outreach, he has said Russia has assumed the one-year rotating presidency of BRICS following its groundbreaking expansion in 2023, with […]
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