(Bloomberg) — Russia’s oil revenues are up 50% this year even as trade restrictions following the invasion of Ukraine spurred many refiners to shun its supplies, the International Energy Agency said. Moscow earned roughly $20 […]
HOUSTON (Reuters) -At least 10 vessels carrying Russia-linked cargoes of crude and refined products were approaching the United States on Wednesday, as suppliers rushed to deliver ahead of the U.S. government’s deadline to wind down […]
While American companies face little exposure to the impact of Russian sanctions, global energy markets may be more at risk Western firms appear well insulated against the impact of the sanctions imposed this week on […]
BERLIN, Feb 28 (Reuters) – E.ON (EONGn.DE), Europe’s largest operator of energy networks, rejected demands to shut down the Nord Stream 1 gas pipeline as part of sanctions against Russia for invading Ukraine, the company told […]
Feb 28 (Reuters) – Citigroup Inc’s(C.N)total exposure to Russia amounts to nearly $10 billion, the bank said on Monday, higher than previously communicated, following questions over whether it will have to set aside funds to […]
ENB Publishers Note: On 2-26-2022 Bloomberg published- “JP Morgan will hit $120 in Q2” – ENB had projected $120 those numbers in Q4 2021 as the geopolitical, supply and demand, and world producers announced their […]
ENB Publishers Note: Sanctions will not stop Putin. Sanctions only hurt the consumers, the poor, and the disproportionately impacted communities. The new China energy deal ensures cash flow. As another critical piece, Pakistan is completing […]
ENB Publishers Note: Nice article from Reuters that documents one of the key reasons sanctions won’t deter Putin. When countries rely on importing energy from Russia, they will even look for contractors that are not […]
A U.S. extension of tariffs on solar products distorts international trade and hinders the development of clean, low-emission energy, China’s commerce ministry said on Saturday. President Joe Biden on Friday extended Trump-era tariffs on imported solar-energy […]
The country with the largest proven oil reserves in the world, clocking in at a whopping 299,953,000,000 barrels of proven oil, is currently suffering a fuel shortage so great that it is being viewed by […]
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