Charles Kennedy

Latest articles from Charles

• Italy To Place Lukoil Refinery Under Trusteeship As Russian Oil Ban Looms

  Published 01 December 2022 | viewed 4,740 times

  Days before the EU embargo on imports of Russian crude oil by sea kicks in, Italy’s government is set to announce on Thursday a temporary…

• Chinese Manufacturing Contracted At Steeper Pace In November

  Published 30 November 2022 | viewed 3,769 times

  China’s National Bureau of Statistics released monthly data on Wednesday showing that factory activity contracted at a steeper pace in November versus October as lockdowns…

• Natural Gas Starts Flowing Through New Baltic Pipe Project

  Published 30 November 2022 | viewed 23,905 times

  Natural gas began flowing in full capacity Wednesday on a new pipeline, the Baltic Pipe, running from Norway through Denmark and Poland after a three-year…

• Reuters Survey: OPEC Cut 710,00 Bpd In November

  Published 30 November 2022 | viewed 5,233 times

  Led by Gulf member states, OPEC oil output dropped in November in line with the OPEC+ pledge to cut output by 2 million barrels per…

• Russia: Oil Price Cap Is An ‘Anti-Market Measure’

  Published 30 November 2022 | viewed 2,466 times

  The planned price cap on Russian oil is an anti-market measure that will have devastating effects on all and could significantly complicate the situation on…

• Escalating Protests In China Add To Oil Market Volatility

  Published 30 November 2022 | viewed 2,566 times

  Protests in a Chinese city escalated this week, with protesters clashing with the police in Guangzhou amid the growing frustration with lockdowns. According to a…

• Xi: China Looks To Boost Energy Partnership With Russia

  Published 29 November 2022 | viewed 10,940 times

  China is ready to work for a closer partnership with Russia in the energy sector, Chinese President Xi Jinping was quoted as saying on Tuesday,…

• BP Considers Retiring Its Statistical Review Of World Energy

  Published 29 November 2022 | viewed 2,311 times

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

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

  Published 29 November 2022 | viewed 1,461 times

  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…

• Biden Administration Proposes New Rules To Curb Gas Flaring

  Published 29 November 2022 | viewed 3,097 times

  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…

• Europe To Raise LNG Import Capacity Significantly Through 2024

  Published 28 November 2022 | viewed 3,665 times

  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),…

• Oil Stocks Plunge As Divergence With Oil Prices Ends

  Published 28 November 2022 | viewed 27,915 times

  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…

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

  Published 28 November 2022 | viewed 3,226 times

  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…

• Russia’s Crude Trades At $52, Well Below The Proposed Price Cap

  Published 25 November 2022 | viewed 17,452 times

  Russia’s flagship crude grade Urals currently trades at around $52 per barrel, more than $10 a barrel lower than the low end of a proposed…

• Saudi Arabia And Iraq Reiterate Their Support For A Production Cut

  Published 25 November 2022 | viewed 9,078 times

  Following a bilateral meeting on Thursday, the energy ministers of Saudi Arabia and Iraq reiterated their support for the oil production cut agreed upon last…

• Are Dogs And Robots The Future Of Energy Security?

  Published 24 November 2022 | viewed 2,316 times

  A springer spaniel named Jac is helping Scottish utility SP Energy Networks to maintain its grid by sniffing out faults on the deeply buried grid…

• Microsoft Identifies Chinese Hack of Indian Power Grid That Could Go Viral

  Published 24 November 2022 | viewed 2,794 times

  Hackers are utilizing a discontinued web server to launch attacks on energy grid infrastructure, Microsoft has warned, with the initial attack discovered on the Indian…

• Russia Claims It Thwarted Ukrainian Attack On South Stream Pipeline

  Published 24 November 2022 | viewed 11,442 times

  Russia’s security services claim to have foiled an attempt by Ukrainian special services to carry out a “terrorist attack” on the South Stream gas pipeline,…

• Russia Rains Missiles On Ukraine’s Nuclear Power Plants

  Published 24 November 2022 | viewed 20,398 times

  A barrage of Russian missiles has forced the shut-down of six nuclear power plants at a time when the Ukrainian power infrastructure has already sustained…

• Chevron Could Get Approval To Ramp Up Oil Production In Venezuela

  Published 23 November 2022 | viewed 13,822 times

  Three well-placed unnamed sources have told Reuters that Washington could grant Chevron approval to significantly boost oil production in Venezuela as early as this weekend,…