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Russia Is No Longer Pursuing Victory In Ukraine

Russia Is No Longer Pursuing Victory In Ukraine

Russia appears to have come…

Central Banks Continue To Stock Up On Gold

Central Banks Continue To Stock Up On Gold

Central banks have added another…

News

Oil Prices Jump As Market Eyes Another Possible OPEC+ Cut

Oil Prices Jump As Market Eyes Another Possible OPEC+ Cut

Nov 29, 2022 at 09:15 | Julianne Geiger

Crude oil prices jumped on Tuesday ahead of the next OPEC+ meeting as the group dispelled earlier rumors that it could agree to increase crude oil production at its next…

Africa Will Need $190 Billion A Year To Meet Energy Demand

Africa Will Need $190 Billion A Year To Meet Energy Demand

Nov 29, 2022 at 08:15 | Charles Kennedy

Africa will need investments of $190 billion each year between 2026 and 2030 to meet its energy demand, according to an official from the operator of Nigeria’s biggest thermal power…

Kazakhstan Considers Nationalizing ‘Problematic’ Power Plants

Kazakhstan Considers Nationalizing ‘Problematic’ Power Plants

Nov 29, 2022 at 07:57 | Eurasianet

Kazakhstan’s president has asked his government to consider nationalizing “problematic” power plants after a breakdown left residents of a northern town battling the depths of winter inside their…

EasyJet Reports 300% Revenue Rise, But Fuel Costs Are Eating Away At Profits

EasyJet Reports 300% Revenue Rise, But Fuel Costs Are Eating Away At Profits

Nov 29, 2022 at 07:43 | City A.M

Budget airline EasyJet has shrunk its losses as it braces for a 50 percent rise in the price of fuel next year as passenger levels fly.

NATO Chief Pledges To Back Ukraine 'For As Long As It Takes'

NATO Chief Pledges To Back Ukraine 'For As Long As It Takes'

Nov 29, 2022 at 07:30 | RFE/RL staff

NATO chief Jens Stoltenberg has pledged the alliance's support for Ukraine "for as long as it takes" and has reiterated that the door to membership…

Apache Reports Rare Disappointment In Suriname

Apache Reports Rare Disappointment In Suriname

Nov 29, 2022 at 07:26 | Michael Kern

Joint venture partners APA Corporation and TotalEnergies have declared the Awari exploration well offshore Suriname “noncommercial” in a rare disappointment for investors in a block that has seen…

BP Considers Retiring Its Statistical Review Of World Energy

BP Considers Retiring Its Statistical Review Of World Energy

Nov 29, 2022 at 07:20 | Charles Kennedy

BP may stop publishing its annual Statistical Review of World Energy as it moves increasingly towards renewables, Reuters’ Ron Bousso reported, citing the…

Germany Inks 15-Year LNG Deal With Qatar

Germany Inks 15-Year LNG Deal With Qatar

Nov 29, 2022 at 07:04 | Tsvetana Paraskova

Qatar will provide liquefied natural gas to Germany for at least 15 years beginning in 2026 under new deals that state firm QatarEnergy and U.S. company ConocoPhillips…

Biden Administration Proposes New Rules To Curb Gas Flaring

Biden Administration Proposes New Rules To Curb Gas Flaring

Nov 29, 2022 at 06:59 | Charles Kennedy

The Biden administration has proposed a set of new rules aimed at curbing gas flaring on public lands, with the Bureau of Land Management saying

Oil Stocks Plunge As Divergence With Oil Prices Ends

Oil Stocks Plunge As Divergence With Oil Prices Ends

Nov 28, 2022 at 12:10 | Charles Kennedy

Energy stocks have shed nearly 2% in Monday trading as crude oil prices tested the lowest levels of the year, breaking with a recent divergence that had seen…

Eni CEO: Italy Needs More LNG Terminals To Ensure Energy Security

Eni CEO: Italy Needs More LNG Terminals To Ensure Energy Security

Nov 28, 2022 at 09:41 | Michael Kern

Italy would need another four LNG import facilities if it wants to have energy security and enough supply of natural gas, Claudio Descalzi, chief executive of Italian energy…

Europe To Raise LNG Import Capacity Significantly Through 2024

Europe To Raise LNG Import Capacity Significantly Through 2024

Nov 28, 2022 at 09:40 | Charles Kennedy

The EU and the UK are expected to raise their combined LNG import capacity by 34%, or by 6.8 billion cubic feet per day (Bcf/d), by 2024 compared with 2021,…

Germany Is Preparing A Windfall Tax For Solar And Wind Generators

Germany Is Preparing A Windfall Tax For Solar And Wind Generators

Nov 28, 2022 at 09:38 | ZeroHedge

Ah, yes. The sweet smell of saving the planet with "green" energy while getting to rake in even more taxes...nothing like having your cake and eating it too

Russia's Largest Tech Company Is Fleeing Moscow

Russia's Largest Tech Company Is Fleeing Moscow

Nov 28, 2022 at 09:29 | RFE/RL staff

Russian tech giant Yandex has said it is reorganizing its operations, moving to cut its ties with Russia in a restructuring that solidifies government control over a company…

Italy Plans 50% One-Off Windfall Tax On Energy Firms In 2023

Italy Plans 50% One-Off Windfall Tax On Energy Firms In 2023

Nov 28, 2022 at 09:15 | Tsvetana Paraskova

Italy plans to impose next year a one-off windfall tax of 50% on the extra income energy firms have booked as a result of the rise in oil…

Ukraine Struggling To Restore Essential Services After Infrastructure Attacks

Ukraine Struggling To Restore Essential Services After Infrastructure Attacks

Nov 28, 2022 at 08:54 | RFE/RL staff

Ukrainian authorities struggled to resume essential services throughout the country after the latest barrage of Russian strikes on infrastructure sites as both sides prepared for the upcoming winter…

Australia Ships First LNG Cargo To Europe

Australia Ships First LNG Cargo To Europe

Nov 28, 2022 at 08:34 | Tsvetana Paraskova

Australia’s energy giant Woodside has shipped its first LNG cargo directly to Europe, Reuters has reported, noting that the 75,000-ton shipment was purchased…

U.S. Easing of Sanctions On Venezuela Won’t Have Immediate Impact On Oil

U.S. Easing of Sanctions On Venezuela Won’t Have Immediate Impact On Oil

Nov 28, 2022 at 08:33 | Charles Kennedy

Traders are still weighing the timing and impact of U.S. President Joe Biden’s decision on Saturday to ease oil sanctions on Venezuela and grant Chevron a license to resume oil…

UAE To Cut Oil Supply To Asia By 5% In December

UAE To Cut Oil Supply To Asia By 5% In December

Nov 28, 2022 at 07:48 | Tsvetana Paraskova

The United Arab Emirates (UAE) will lower its crude oil exports to some term contract customers in its key market Asia by 5% in December amid weak demand and oil…

BP Snags Contract To Market Guyana’s Share Of Exxon’s Offshore Oil

BP Snags Contract To Market Guyana’s Share Of Exxon’s Offshore Oil

Nov 25, 2022 at 09:53 | Alex Kimani

The UK’s largest energy company BP Plc (NYSE: BP) has won a contract to market Guyana's share of crude oil produced…

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