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HomeInternational News

International News

Equinor
Imports

Norway’s Equinor shuts Hammerfest LNG terminal

January 3, 2025 Mariel Alumit

Gassco data showed on Thursday that Hammerfest LNG will be offline until January 9, 2025. LNG Prime invited Equinor to comment on the matter. In April 2024, Equinor also closed the facility due to a […]

LNG
Finance

Ukrainian gas block to force up Asian LNG price – Bloomberg

January 3, 2025 Mariel Alumit

Kiev ended the transit of Russian gas to the EU on January 1 after refusing to extend a five-year contract with Moscow The cessation of natural gas flows from Russia to European consumers following Kiev’s […]

Euro
Finance

Euro falls to two-year low against dollar

January 3, 2025 Mariel Alumit

The euro has fallen to its weakest level against the US dollar in more than two years, reaching EUR/USD 1.03. The slump comes amid Germany’s continued economic stagnation and an EU-wide energy crunch. The euro […]

Russian gas transit
Energy Crisis

Kiev faces $1 billion in annual losses after halting Russian gas transit – Reuters

January 3, 2025 Mariel Alumit

Ukraine plans to make up the revenue by raising tariffs on local industries, the news agency has said Ukraine’s decision to cease transit of Russian natural gas to Europe will cost up to $1 billion […]

Biden
Energy Crisis

Biden to block Trump’s energy plans before exit – Bloomberg

January 3, 2025 Mariel Alumit

The outgoing president reportedly intends to ban oil and gas drilling in large tracts of US coastal waters US President Joe Biden will invoke a 70-year-old law in a bid to stop incoming President Donald […]

Trump
Geopolitical

The Biggest Foreign-Policy Challenges Facing Trump in 2025

January 3, 2025 Mariel Alumit

The U.S. president-elect’s second term will begin in a vastly different global landscape than his first. One of U.S. President-elect Donald Trump’s biggest boasts is that he was the first U.S. president in decades to […]

Europe
Energy Crisis

Europe Somehow Still Depends on Russia’s Energy

January 3, 2025 Mariel Alumit

After years of war and promises to change course, the continent maintains ties to Russian fossil fuels. Russia’s brutal, illegal war on Ukraine is lumbering into its fourth year, yet Europe still hasn’t used all […]

host
International News

Musk likely to host German far-right leader for online chat on X

January 2, 2025 Andy Del Prado

  Elon Musk looks likely to host the leader of the far-right Alternative for Germany (AfD) party ahead of Germany’s 23 February national election in a live interview on X, his social media platform. In […]

gas
Geopolitical

Starved of gas, industry shuts down in pro-Russian region of Moldova

January 2, 2025 Andy Del Prado

  The cut-off of Russian gas supplies to Moldova’s breakaway Transnistria region has forced the closure of all industrial companies except food producers, an official said on Thursday (2 January). The mainly Russian-speaking territory of […]

Finnish authorities
Geopolitical

Finnish authorities to search tanker over suspected Baltic cable cut

January 2, 2025 Andy Del Prado

  The inspection is set to commence later on Thursday. Finnish authorities plan to inspect the Eagle S tanker, suspected of being involved in sabotaging a Baltic undersea cable, the country’s transport agency said Thursday […]

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