MOSCOW (Reuters) – Russian gas exports via Ukraine have continued as normal and are in line with requests from consumers, Russian energy giant Gazprom said on Thursday. The company said the requests have been at 83 million cubic metres per day as of Feb. 24, up 31.4% from Feb. 23. NN: Europeans still do not …
A Saudi Aramco oil storage facility located near the Jeddah F1 track was reportedly hit by a terrorist attack just as F1 kicked off its first practice session on Friday. Black was seen billowing in the distance as the facility was ablaze, with initial reports pointing to a missile attack launched by Yemen’s rebel Houthi …
Continue reading “Oil turns to gains on news of fire at Aramco’s facility”
Jan 25 (Reuters) – The United States, the world’s top natural gas producer, is in talks with major energy-producing countries and companies over a potential diversion of liquefied natural gas (LNG) to Europe if Russia invades Ukraine, senior Biden administration officials said on Tuesday. Gas prices in Europe and Asia were already far higher than …
Continue reading “Explainer-Could the U.S. ship more LNG to Europe?”
Germany will halve its imports of Russian oil by the summer, Economy Minister Robert Habeck said on Friday as he laid out measures to boost the nation’s energy independence.Habeck, who is also Chancellor Olaf Scholz’s deputy, spoke of considerable progress in a short space of time, as Western nations seek to cut off economic ties …
Continue reading “German ministry wants to halve dependence on Russian oil by summer -Spiegel”
BRUSSELS (Reuters) – The United States will work to supply 15 billion cubic metres (bcm) of liquefied natural gas (LNG) to European Union markets this year, as Europe seeks to wean itself off Russian gas supplies, according to a factsheet provided by the White House. U.S. President Joe Biden and European Commission President Ursula von …
Continue reading “U.S, EU strike LNG deal as Europe seeks to cut Russian gas….. “in 10 years””
The world’s biggest independent energy trades, who spoke at the FT Commodities Global Summit in Lausanne, Switzerland and unveiled a dire forecast for the diesel market: “The thing that everybody’s concerned about will be diesel supplies. Europe imports about half of its diesel from Russia and about half of its diesel from the Middle East,” said Russell …
Continue reading “Diesel Crisis In Europe Worsens As Austrian Energy Giant Limits Sales”
Broadcast and cable networks carried Joe Biden’s press conference in Brussels, where he is meeting with NATO allies, and reporters keyed in on one possibility: That Russia would use chemical weapons in the Ukraine war. “We will respond,” Biden told reporters. “The nature of the respond will depend on the nature of the use.” The …
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A rise in global energy prices will be unpredictable if sanctions are imposed against Russia’s oil and gas, Russian Deputy Prime Minister Alexander Novak said on Wednesday, noting that the global energy market will collapse without Russian hydrocarbons. “Russia is the largest supplier of energy resources to world markets, the share of Russian energy exports …
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https://youtu.be/DkMfFae-mME Russia is reportedly considering a ban on enriched uranium exports. Russia is the third-largest source of U.S. uranium, accounting for about 16% of total U.S. imports. Several weeks ago, when Biden instituted a wholesale ban on Russian energy exports, he explicitly carved out Russian uranium suppliers for the simple reason that the US is …
Continue reading “Russia’s Proposed Ban On Uranium Exports Sends Stocks Soaring”
March 22 (Reuters) – Federal Reserve officials are doing little to downplay rising market expectations the U.S. central bank will raise interest rates by half a percentage point in May to curb the surge in inflation, but they also are not dispelling fears the tightening cycle could blow a hole in the economy and labor …
Continue reading “Fed policymakers lean into bigger rate hikes to fight inflation”