LVIV/KYIV, Ukraine, March 5 (Reuters) – Russian President Vladimir Putin said Western sanctions were akin to war as his forces pressed their assault on Ukraine on Saturday for a 10th day and the IMF warned […]
NEW YORK, March 4 (Reuters) – Oil surged on Friday, ending the week at multi-year highs as Russia’s invasion of Ukraine intensified and oil buyers shunned barrels from the world’s second-largest exporter of crude. Crude […]
BERLIN, Feb 27 (Reuters) – Germany signalled a U-turn in key energy policies on Sunday, floating the possibility of extending the life-spans of coal and even nuclear plants to cut dependency on Russian gas, part […]
This is the key point that JPMorgan’s commodity strategist Natasha Kaneva makes in a research note earlier today, in which she notes that while the US and its allies have so far stopped short of […]
Clean energy just had a record-setting year in the US, but without a drastic shift in policies, oil and gas will continue to dominate the US energy sector for the next three decades, according to two new […]
Rumors that a deal on Iran’s nuclear activities could be signed within 72 hours sent oil prices lower on Thursday morning after Brent and WTI had hit nine and 11-year highs, respectively, in earlier trade. […]
Saudi Arabia, the world’s largest oil exporter, could raise its official selling prices for Asia for April to the highest differentials to benchmarks on record, as buyers scramble to secure additional crude from the Middle […]
Russia’s invasion of Ukraine has triggered severe economic sanctions, particularly on its financial sector. Last week, Western leaders slapped a raft of fresh sanctions on Russia, including the exclusion of Russia’s largest financial institutions from global financial systems; […]
Diamondback Energy Inc. Chairman and CEO Travis Stice said the shale driller will maintain flat production in the Permian Basin this year. The Texas wildcatters that launched the U.S. shale boom are resisting the temptation to pump […]
Oil and gas supermajor BP has announced the start-up of the Herschel Expansion project in the U.S. Gulf of Mexico. Herschel is the first of four major projects scheduled to be delivered globally in 2022. […]
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