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HomeInternational News

International News

US sanctions
Crude Oil News

Tougher US sanctions to curb Russian oil supply to China and India

January 13, 2025 Mariel Alumit

  Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs, as new US sanctions on Russian producers and ships curb supplies to Moscow’s […]

gas imports
Imports

China’s 2024 gas imports up 9.9 percent

January 13, 2025 Mariel Alumit

Natural gas imports reached 131.69 million tonnes in 2024, the data from the General Administration of Customs shows. The world’s largest LNG importer paid about $64.3 billion for these gas imports, up 1.2 percent compared […]

Ukraine
Geopolitical

Ukraine tried to sabotage Russian gas supply to Türkiye – Moscow

January 13, 2025 Mariel Alumit

  A drone attack has been thwarted at a key compressor station, the Defense Ministry has said Ukraine has launched an unsuccessful drone attack on Russian energy infrastructure which delivers natural gas to Türkiye , […]

BRICS
BRICS

Uganda partners with BRICS to boost investment and innovation – official

January 13, 2025 Mariel Alumit

  John Mulimba has highlighted the transformative potential of group membership for the East African nation’s growth Uganda officially became a BRICS partner state on January 1, 2025, a development expected to unlock investment opportunities […]

Foresea
Crude Oil News

Foresea seals $70m boost under Petrobras drillship deal

January 13, 2025 Mariel Alumit

Foresea Brazilian drilling contractor Foresea is adding $70m to its backlog under an existing drillship deal with Petrobras. The company established in June 2023 from the restructuring of Ocyan’s drilling unit fixed its floater Norbe […]

offshore wind
International News

Brazil president authorises offshore wind development

January 13, 2025 Mariel Alumit

Bureau Veritas Brazilian president Luiz Inacio Lula da Silva has signed a bill authorizing the development of offshore wind farms in the country. The bill, signed into law on Friday last week, looks to enhance […]

Scholz
Geopolitical

Germany’s Scholz backs Putin-Trump meeting

January 12, 2025 Mariel Alumit

The potential meeting could pave the way for “possible negotiations” on Ukraine, the chancellor has said German Chancellor Olaf Scholz has welcomed the idea of a meeting between Russian President Vladimir Putin and US President-elect […]

Crude Oil News

US hits Russian oil with toughest sanctions yet

January 12, 2025 Clark Savage

US sanctions seen costing Russia billions of dollars a month US official sees no danger of global crude oil shortage Circumventing sanctions could add costs to Russia’s oil industry WASHINGTON/NEW DELHI/LONDON, Jan 10 (Reuters) – […]

Russian Oil Rig created by Grok on X
Crude Oil News

What do oil and gas exports mean to the Russian economy? How will the new Biden Sanctions play with President Trump’s negotiations?

January 12, 2025 Clark Savage

ENB Pub Note: The following article is an excellent summary from Alexandra Prokopenko and Alexander Kolyandr about what the oil and gas exports mean to the Russian economy and, conversely, what impact the sanctions will […]

Nord Stream
Geopolitical

Nord Stream pipeline to be relaunched — German chancellor candidate

January 12, 2025 Clark Savage

  The AfD’s Alice Weidel has said that Germans “can count” on her party to restore energy links with Russia Alternative for Germany (AfD) co-leader Alice Weidel has pledged to put the sabotaged Nord Stream […]

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