The Russian Prosecutor General’s office is seeking over €1 billion ($1.09 billion) in damages from UK-based energy giant Shell over a failed joint venture, the Moscow Arbitration Court told the media on Tuesday. Shell walked […]
The country imported about 2.90 billion cubic meters, or about 2.2 million metric tonnes, of LNG in September via long-term contracts and spot purchases, a rise of 12.4 percent compared to the same month in […]
Gavin Newsom enacted a law empowering state bureaucrats to monitor and control inventory levels at oil refineries, aiming to prevent gas price hikes. Democratic California Gov. Gavin Newsom enacted a law Monday that will empower […]
New research by Independent Age reveals that 44% of older people in England believe that the removal of the Winter Fuel Payment will negatively impact their physical health. This comes as over 500,000 signatures are […]
WoodMackenzie: Investments in oil and gas among the 23 biggest producers in the world are set to climb by over 60% by next year. Consolidation may be the new way of expanding asset bases because […]
Germany’s car manufacturing giant BMW is warning that an EU ban on the sale of gasoline and diesel cars from 2035 is “no longer realistic” amid slow EV sales as the European auto industry will […]
India plans a massive upgrade and expansion of its power transmission system, expecting investment opportunities of $109 billion to support the integration of renewable energy sources and storage solutions, the power ministry has said. India’s new […]
EU ministers are debating alternatives to Russian gas imports as the Ukraine transit deal expires in December 2024. Concerns are rising regarding rising Russian LNG imports and the effectiveness of EU sanctions on re-exports. Some […]
Oil prices fell early on Tuesday morning as fears faded of Israel striking Iranian oil facilities and traders refocused on growing demand concerns. – The September monthly average refining margin fell to its lowest for the month since […]
Netanyahu responds to report nuclear, energy won’t be targets Attacks in Lebanon continue as Israel combats Hezbollah forces Israeli Prime Minister Benjamin Netanyahu asserted the country is free to act as it chooses in a counter-strike against […]
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