Russia is still shipping millions of oil barrels per day to Asia. Many Asian buyers haven’t joined the so-called Price Cap Coalition and are, so far, doing business as usual with Russian cargoes. The trades […]
Gas Demand Destruction 2022 Gas demand destruction is happening. Despite the current push by the global natural gas and LNG sector, as well as major producing nations like Qatar, Australia, the US, Russia and others, the cost of […]
Asia may be able to incrementally absorb only half the Russian crude volumes displaced as a result of the European Union sanctions taking effect, and the price cap of $60/b may not be able to […]
ENB Pub Note: Biden’s foreign policies have accelerated the world to move away from the United States dollar for oil. This could have been avoided with good foreign diplomacy skills. Most Americans do not realize […]
Asian upstream companies are rapidly stepping up efforts to play their part in addressing the tight global crude oil supply situation as countries across the region strive to ensure supply security amid ongoing geopolitical tensions […]
RIYADH: Saudi Arabia’s powerful crown prince has embarked on a multi-stop Asian tour, shoring up the Gulf nation’s ties with its biggest energy market and signalling growing independence from Washington amid a bitter row over oil […]
ent rate of progress, it will take 100 years for them to overcome energy poverty. That’s the calculation of Husk Power, a leading minigrid developer in rural Asia and Africa, which is proposing a […]
SINGAPORE – Prices of liquefied natural gas (LNG) have continued easing through the start of the fourth quarter due to lower demand, thanks to a warmer start to winter, but the market remains fundamentally tight, […]
Despite high LNG shipping rates, a few prompt-delivery cargoes in the Atlantic Basin have been diverted to the Pacific Basin ahead of winter’s peak in Northeast Asia, reflecting high storage levels at European terminals, multiple […]
Germany’s Uniper — formerly one of Europe’s biggest buyers of Russian gas — is increasing its focus on LNG as it looks to replace lost volumes from Russia, the company said Nov. 3. Uniper was […]
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