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 […]
OSLO, Nov 16 (Reuters) – Norway will be a reliable supplier of energy to Europe in the coming months, Prime Minister Jonas Gahr Stoere said on Wednesday. “We will continue to be a stable energy […]
FRANKFURT, Nov 16 (Reuters) – European power prices are likely to remain high in the medium term, Moody’s Investors Service said in a report on Wednesday, citing technical problems at French nuclear plants, low water […]
This year’s average U.S. gasoline prices on Thanksgiving are expected to be at their highest level ever for the holiday. Gasoline prices have dropped a lot from the record highs in June. The number of […]
The German government inaugurated its first floating terminal on Tuesday (15 November), built in record time and intended to receive liquefied natural gas as part of Berlin’s plan to replace Russian gas, with the first […]
Lower demand forecasts could materialize if China doesn’t fully reopen. The European Union is preparing to implement an oil import embargo on Russian crude oil next month and on fuels two months later. Bets on […]
A missile hit Przewodow village in eastern Poland near the Ukrainian border and killed two people on Tuesday, causing alarm among world leaders about a possible escalation of the war in Ukraine. In response to […]
The diesel price premium to gasoline and crude oil has hit a record high due to low stockpiles and low refining capacity. The U.S. only had 25 days’ worth of distillate stocks in October compared […]
Saudi Arabia has set its sights on becoming a global supplier of renewable and low-carbon hydrogen, configuring production standards to meet market requirements in both Europe and the Asia-Pacific region, the energy ministry’s head of […]
BREAKINGBREAKING, An oil tanker associated with an Israeli billionaire has been struck by a bomb-carrying drone off the coast of Oman amid heightened tensions with Iran, an official has told The Associated Press. The attack […]
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