Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.
The United Kingdom has officially announced that it has stopped importing Russian liquefied natural gas (LNG), with the British Foreign Office calling the move a…
Oil prices will only gain slightly in 2023 thanks to a worsening global economic outlook as well as the latest COVID-19 outbreak in China, which…
Growth stocks have been thoroughly hammered this year, with high inflation and rising interest rates pinching growth equities of all stripes. But few stocks exemplify…
Russia plans to increase its diesel exports next month before European Union sanctions on crude oil start in February. Fuel shipments from Russia’s ports in…
Russian President Vladimir Putin has said that Russia has become one of China’s leading suppliers of oil and gas, with 13.8 billion cubic meters of…
The former commander-in-chief of Russia’s ground forces, Alexei Maslov, has reportedly died in a military hospital, according to his defense company’s telegram channel, making him…
The Finnish government has announced on Thursday that it has proposed a temporary windfall tax on profits from the country's electricity companies as part of…
Canadian integrated oil company Suncor Energy Inc. (NYSE: SU) has revealed that extreme weather including multiple fires have forced the company to shut down its…
Global oil demand could soar as much as 4% in the coming year if the world manages to fully emerge from Covid restrictions, hedge fund…
Leading shipping journal Lloyd’s List has reported that seven loaded Suezmax vessels that are fully compliant with the $60 per barrel price cap and its…
Brent crude prices have been on a sharp decline since peaking in June, nearly giving up all the year’s gains. And Credit Suisse says the…
Excelerate Energy, Inc. (NYSE: EE) announced on Wednesday that its floating storage and regasification unit ("FSRU"), the Exemplar, has anchored at Finland’s port of Inkoo,…
Early in the year, the Department of Homeland Security (DHS) warned that domestic terrorists have developed “credible, specific plans” to attack the U.S. power grid…
Russia plans to ramp up geological prospecting and exploration of hydrocarbons - gas in particular - in the country’s east as it looks to increase…
Russia’s budget deficit in the coming year might exceed the expected 2% of GDP as the oil price cap hurts export income, the country’s Finance Minister…
Gasoline prices could return to the $4-a-gallon threshold as soon as May, GasBuddy has projected in an exclusive with CNN. GasBuddy expects the national average to…
Demand for offshore rigs for overseas drilling has soared this year even as U.S. oil-rig growth has plateaued. According to Baker Hughes, there are now…
Japan’s buyers of Russian LNG are currently assessing how changes to shipping insurance triggered by the ongoing war in Ukraine will affect supplies from the…
The gigantic deadly winter storm sweeping through the United States could disrupt global supply from one of the top liquefied natural gas (LNG) exporters, tightening…
Russian oil exports will grow by 7.5% to 242 million metric tons in 2022 while oil output is expected to increase by 2%, Russia’s deputy…