Explainer-Could the U.S. ship more LNG to Europe?

Explainer-Could the U.S. ship more LNG to Europe?

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 …

German ministry wants to halve dependence on Russian oil by summer -Spiegel

German ministry wants to halve dependence on Russian oil by summer -Spiegel

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 …

U.S, EU strike LNG deal as Europe seeks to cut Russian gas….. “in 10 years”

U.S, EU strike LNG deal as Europe seeks to cut Russian gas….. “in 10 years”

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 …

Diesel Crisis In Europe Worsens As Austrian Energy Giant Limits Sales

Diesel Crisis In Europe Worsens As Austrian Energy Giant Limits Sales

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 …

Oil, gas market to collapse without Russian energy – Novak

Oil, gas market to collapse without Russian energy – Novak

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 …

Russia’s Proposed Ban On Uranium Exports Sends Stocks Soaring

Russia’s Proposed Ban On Uranium Exports Sends Stocks Soaring

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 …

Fed policymakers lean into bigger rate hikes to fight inflation

Fed policymakers lean into bigger rate hikes to fight inflation

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 …

WHO slams ‘brutal’ end to COVID measures…… Air travel industry welcomes scrapping of Covid restrictions

WHO slams ‘brutal’ end to COVID measures…… Air travel industry welcomes scrapping of Covid restrictions

The World Health Organization (WHO) Regional Director for Europe Hans Kluge stated on Tuesday that some countries lifted COVID-19 restrictions “too brutally,” resulting in a current rise in cases. He listed the United Kingdom, Ireland, Greece, Cyprus, Germany, France and Italy as examples of countries where the number of coronavirus infections has particularly rebounded. Kluge …