Germany and others have been reluctant to close loopholes for their exporters, but that is slowly starting to change. The United States’ history of using economic sanctions as a means of coercion has not only […]
Tensions continue to soar in the Middle East, bringing oil prices along with them, as with Hezbollah firing rockets into Israel’s Haifa city on Monday, and the Israel defense forces intercepting a surface-surface missile fired […]
Israel faces mounting pressure to strike Iran’s nuclear facilities amid escalating missile attacks, with Tehran now reportedly possessing enough material for three nuclear warheads. Discussions at high levels suggest that Russia may be assisting Iran […]
BELGRADE, Oct 7 (Reuters) – The Serbian parliament on Monday began debating an opposition proposal to ban lithium and borate mining and exploration, which would effectively put an end to a contested Rio Tinto (RIO.L) […]
Liquefied natural gas will be needed for decades to ensure adequate energy supply, even as the world shifts to cleaner sources, an industry group of importers emphasized on Monday. Regular investments will be required to […]
A record short position in oil and energy stocks has led to a historic short squeeze, driving prices sharply higher. Goldman Sachs predicts that Brent crude could reach $90 or higher if the conflict between […]
(Bloomberg) — Chevron Corp. agreed to sell stakes in oil sands and shale assets in Western Canada to Canadian Natural Resources Ltd. for $6.5 billion. The deal relates to Chevron’s 20% interest in the Athabasca […]
OSLO/COPENHAGEN, Oct 7 (Reuters) – Norway’s Equinor (EQNR.OL), has bought a 9.8% stake valued at around $2.5 billion in Danish offshore wind farm developer Orsted (ORSTED.CO), it said on Monday, as it seeks to build up its […]
Tensions in the Middle East have been going on for a year now, and oil supply has not been disturbed. This week, geopolitical risk jumped significantly as Israel is said to be planning strikes on […]
Oct 7 (Reuters) – Chevron (CVX.N), opens new tab is selling its assets in Athabasca Oil Sands and Duvernay Shale to Canadian Natural Resources (CNQ.TO), for $6.5 billion, the oil giant said on Monday as it puts in […]
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