Charles Kennedy

Latest articles from Charles

• Russia’s Rosneft Looks To Supply Gas To China Via Power Of Siberia 2 Pipeline

  Published 09 January 2023 | viewed 3,521 times

  Russian oil giant Rosneft is seeking a slot for its gas reserves to be exported to China via a planned second route of the Power…

• Black Sea Shipping Rates Jump 20%

  Published 09 January 2023 | viewed 4,939 times

  Shipping rates in the Black Sea have risen by 20% since the start of the year as war risk insurance premiums increase, Reuters reported, citing…

• Petrobras Braces For Attacks On Refineries

  Published 09 January 2023 | viewed 2,795 times

  Brazil’s state oil major Petrobras has stepped up security at its refineries in response to threats of attacks on the infrastructure, Reuters has reported, citing…

• Norway Replaces Russia As Germany’s Top Gas Supplier

  Published 06 January 2023 | viewed 36,269 times

  Norway became Germany’s single-largest natural gas supplier in 2022, overtaking Russia, as total German gas imports dropped by 12.3% compared to 2021, the German Federal…

• Asia’s Spot LNG Prices Drop 11% This Week Amid Low Demand  

  Published 06 January 2023 | viewed 3,409 times

  Mild weather and weak demand for natural gas in North Asia sent Asia’s spot LNG prices tumbling by 10.7% this week from last week, for…

• UK Wind Power Generation Hit A Record High In 2022

  Published 06 January 2023 | viewed 2,359 times

  Wind power generation reached a record high last year in the UK, accounting for a 26.8% share of total electricity generation, the BBC reported, citing…

• OPEC’s Second-Largest Oil Producer Issues Arrest Warrant For Donald Trump

  Published 05 January 2023 | viewed 76,766 times

  The Iraqi supreme court has issued an arrest warrant for former U.S. President Donald Trump for the assassination on Iraqi soil of Iran’s Quds Force…

• MPs: Chinese Investment In British Energy Poses “Very Real Risk To Security”

  Published 05 January 2023 | viewed 2,082 times

  Senior parliamentarians in the UK are sounding the alarm bells over Chinese extensive involvement in North Sea oil and gas, which they say poses a…

• One Of The World's Largest Oilfields Faces Delays In Development

  Published 05 January 2023 | viewed 40,647 times

  The West Qurna 2 oilfield in Iraq, one of the biggest oilfields in the world, could see delays in the next phase of its development,…

• U.S. Natural Gas Prices Rise 4% After Huge Selloff

  Published 04 January 2023 | viewed 9,108 times

  U.S. Natural gas prices had rebounded by nearly 4% as of midday Wednesday after five consecutive days of sell-off when it became clear that predictions…

• Chevron CEO Pushes Back On Biden Claims Of ‘War Profiteering’

  Published 04 January 2023 | viewed 4,121 times

  The oil industry generates around 10% returns on capital employed through the cycle, Chevron’s chief executive Mike Wirth told Bloomberg Television, pushing back on the…

• Oil Tanks Further on Depressing U.S. Manufacturing Data

  Published 04 January 2023 | viewed 8,743 times

  Oil prices continued to plummet on Wednesday while gold was enjoying its best time in six months with the release of U.S. manufacturing data for…

• BP To Significantly Boost Investment In U.S. Oil

  Published 04 January 2023 | viewed 6,684 times

  Moving in lockstep with the Biden Administration’s calls for U.S. oil and gas companies to expand production, London-based BP Plc has unveiled plans to boost…

• Libya’s Oil Production Capacity Won’t Exceed 1.8 Million Bpd By 2024

  Published 04 January 2023 | viewed 2,229 times

  Oil production capacity in restive African OPEC member Libya is expected to reach a maximum of 1.8 million barrels per day (bpd) by 2024 even…

• OPEC’s Oil Production Rises By 120,000 Bpd In December

  Published 04 January 2023 | viewed 6,195 times

  A rebound in Nigerian production raised OPEC’s oil output in December by 120,000 barrels per day (bpd) compared to November, according to a monthly Reuters…

• Saudi Arabia May Cut Oil Prices To Asia Even Further

  Published 04 January 2023 | viewed 17,045 times

  Saudi Arabia could reduce the official selling price for its flagship Arab Light crude further for Asian buyers, Reuters has reported, citing four analysts it…

• Japanese Firm Closes In On Buying A U.S. Natural Gas Producer

  Published 04 January 2023 | viewed 7,145 times

  Japanese Tokyo Gas is close to finalizing a deal for the acquisition of U.S. natural gas producer Rockcliff Energy, Reuters reported, citing unnamed sources close…

• Russian Crude Oil Exports Plummeted At The End Of 2022

  Published 03 January 2023 | viewed 10,847 times

  Russia’s crude oil exports by sea plunged in the last four weeks of 2022 to the lowest level of the year as shipments to Europe…

• China Significantly Hikes Fuel Export Quotas At The Start Of 2023

  Published 03 January 2023 | viewed 11,597 times

  China has increased its fuel export quotas by as much as 46% for the first batch of 2023 allocations compared to the first batch of…

• Petrobras Shares Tumble In Brazil Market Rout As Lula Returns

  Published 02 January 2023 | viewed 4,648 times

  Brazil’s leftist President Luiz Inacio Lula da Silva took office on Monday and the markets responded with an instant rout, sending shares of state-run Petrobras…