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International News
Schroeder quits Rosneft job after pressure over Putin ties
(Bloomberg) — Former German Chancellor Gerhard Schroeder is quitting his post as chairman of Russian state-owned oil company Rosneft PJSC after widespread calls for him to cut ties to Russian President Vladimir Putin over the […]
Crude Oil News
This Is Where the Oil Price Would Be Without the War
If Russia had not invaded Ukraine, crude oil prices would be well below $100 per barrel now. That’s what analysts at Standard Chartered think, according to a new report by the company, which outlined that […]
International News
Mexico’s Private Sector Oil, Natural Gas Production Rising Steadily
Natural gas production in Mexico averaged 4.05 Bcf/d in March, up from 3.84 Bcf/d in the same month a year ago. State oil company Petróleos Mexicanos (Pemex) supplied 3.81 Bcf/d of the total, versus 3.64 […]
Political
U.S. House committee wants answers on Alaska gas leak
ANCHORAGE, Alaska — Members of a U.S. House committee are seeking answers about a natural gas release at a ConocoPhillips Alaska drill site on Alaska’s North Slope. The company earlier this month reported it had […]
Geopolitical
Russia Stops Gas to Poland, Bulgaria on Non-Payment in Rubles
Russia said it stopped natural gas flows to Poland and Bulgaria on Wednesday, making good on a threat to cut off buyers if they refuse Russian President Vladimir Putin’s demand to pay in rubles. European […]
Finance
Four European Gas Buyers Made Ruble Payments to Russia
(Bloomberg) — Four European gas buyers have already paid for supplies in rubles as President Vladimir Putin demanded, according to a person close to Russian gas giant Gazprom PJSC. Most Read from Bloomberg Russia to […]
Renewables Not Sustainable
ExxonMobil receives top certification for methane emissions management for natural gas from Permian Basin
Approximately 200 million cubic feet per day of natural gas produced from its Permian Basin facilities at Poker Lake, New Mexico have been independently certified and received the top grade for methane emissions management. The […]
International News
McDermott to work on Bacton Energy Hub project
McDermott International has joined a group of industry experts on the Bacton Energy Hub (BEH) project which includes hydrogen and CCUS. The UK North Sea Transition Authority (NSTA) is leading the BEH project, which could play a […]
International News
Russia oil flow jumps to 4 million barrels a day as Asia buys
(Bloomberg) — Asia is still snapping up cheap Russian oil that European buyers don’t want. Seaborne exports of the nation’s crude rebounded in the seven days to April 22. One-fifth of the volume shipped from […]