Home Clean fuel Shell: Europe’s LNG demand to intensify competition and dominate trade in the long term Europes’s increased need for liquefied natural gas (LNG) will likely intensify competition with Asia for limited new supply […]
Indian Prime Minister Narendra Modi on Monday projected that the country’s gas demand would rise 500% due to the rapid pace of development, while its share of global oil demand would more than double. While […]
China has announced another batch of crude import quotas for refiners, allowing 44 private refiners to import 111.82 million metric tons of crude. In October last year, China gave 20 million metric tons to 21 […]
Russia’s crude grades from the Arctic, which used to be sold in Europe before the EU embargo, are now heading East to the two biggest buyers of Russian oil since the invasion of Ukraine–China and […]
Authored by Victor Xing via The Mises Institute, Executive Summary In the near term, China’s reopening and buying of ESPO crude would likely erode the role of Brent & energy indices Gulf nations envision the […]
The European Union has entirely replaced Russian natural gas imports with LNG and pipeline gas from alternative reliable suppliers, Energy Commissioner Kadri Simson told a plenary session of the European Parliament on Wednesday. The bloc […]
Democrat’s plan to reinstate a 27-year-old fee on oil imports represents a violation of a pledge by President Joe Biden not to raise taxes on anyone making less than $400,000 per year, according to the […]
(Reuters) – World stocks attempted a move higher on Friday after four days of losses caused by mounting fears of economic downturn, even though the growth concerns were fanned further by data showing a sharp […]
Since Russia invaded Ukraine, many Western oil companies as well as traders, shippers, and bankers have stayed away from Russian oil. But a new report by CNN indicates Russian crude may be seeing a resurgence […]
China kept buying more energy from Russia, with purchases of oil, gas and coal jumping 75% in April to over $6 billion, even as domestic demand slowed due to a resurgent virus and the US […]
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