Tsvetana Paraskova

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• German Insurers Warn Against “Dangerous Experiments” To Lower Energy Bills

  Published 31 October 2022 | viewed 3,802 times

  Germany’s insurance industry warned consumers on Monday against “dangerous experiments” to heat amid soaring energy prices. The insurers are concerned that the risk of fire…

• Looming Copper Shortage Could Slow The Global Energy Transition

  Published 31 October 2022 | viewed 4,340 times

  The pace of the energy transition could be slowed by a looming shortage of copper, analysts and top copper producers say.    “There is going…

• IEA: The Rapid Growth Of Natural Gas Demand Is Coming To An End

  Published 28 October 2022 | viewed 14,841 times

  The world is investing hundreds of billions of U.S. dollars every year in renewable energy and other clean energy solutions, but it needs more than…

• Eni’s Profits Soar On “Excellent” Gas Business

  Published 28 October 2022 | viewed 2,117 times

  Eni (NYSE: E) reported on Friday third-quarter core earnings and net profit beating analyst expectations amid what the Italian energy group described as an “excellent…

• China’s Biggest Refiner Sees Profits Drop Amid Weak Fuel Demand

  Published 28 October 2022 | viewed 2,120 times

  Sinopec, the biggest refiner in China and Asia, has suffered from the Covid lockdowns and weaker Chinese fuel demand this year as its January-September net…

• Equinor Lifts Dividend As Soaring Gas Prices Drive Record Q3 Profit  

  Published 28 October 2022 | viewed 1,435 times

  Equinor (NYSE: EQNR) raised its extraordinary dividend after reporting on Friday record earnings for the third quarter on the back of surging natural gas prices…

• Oil Prices Poised For A 3% Weekly Gain  

  Published 28 October 2022 | viewed 5,619 times

  Oil prices were headed early on Friday for a weekly gain of around 3%, pushed higher by signs of a rebounding U.S. economy, tight crude…

• U.S. LNG Cannot Replace The Russian Natural Gas That Europe Has Lost

  Published 28 October 2022 | viewed 22,064 times

  Europe cannot rely solely on imports of U.S. LNG to offset the pipeline gas supply it will have lost from Russia when it starts rebuilding…

• China Could Help Ease The Global Fuel Crisis

  Published 27 October 2022 | viewed 11,619 times

  Chinese refiners have recently ramped up crude processing rates and fuel exports in a sign that more refined products could leave China and head to…

• Russian Oil Is Amassing In Asian Ports

  Published 27 October 2022 | viewed 30,726 times

  More than 1 million tons of Russian high-sulfur fuel oil (HSFO) is being stored on tankers offshore Singapore and Malaysia as Russia is flooding the…

• IEA: Renewable Energy Investment Needs To Triple By 2030

  Published 27 October 2022 | viewed 1,912 times

  Investment in renewables must more than triple to $1.3 trillion annually by 2030 if the world is to reach net-zero emissions by 2050, the International…

• Shell To Hike Dividend After Another Very Strong Quarter

  Published 27 October 2022 | viewed 4,819 times

  Shell (NYSE: SHEL) intends to lift its dividend and is launching a new share buyback program after reporting its second-highest quarterly earnings for Q3, second…

• IEA Expects Demand For All Fossil Fuels To Peak In The Next Decade

  Published 27 October 2022 | viewed 8,145 times

  Fossil fuel consumption is expected to peak or plateau within this decade, accelerated by the policy and trade flow shifts following the Russian invasion of…

• Saudi Arabia’s $500 Billion Bet On A Future Without Oil

  Published 26 October 2022 | viewed 40,417 times

  Saudi Arabia bills it as the city of the future to diversity and grow its economy. Critics say Saudi Crown Prince Mohammed bin Salman’s futuristic…

• Namibia Could Join OPEC If Recent Oil Discoveries Fulfill Potential

  Published 26 October 2022 | viewed 10,651 times

  Namibia could consider joining OPEC if recent offshore oil discoveries prove to be large enough for commercial development, Namibian petroleum commissioner Maggy Shino told Bloomberg…

• Survey: 57% Of U.S. Voters Support SPR Releases To Lower Gasoline Prices

  Published 26 October 2022 | viewed 2,753 times

  Nearly three in five American voters, or 57%, support the releases from the Strategic Petroleum Reserve (SPR) as a means to lower domestic gasoline prices,…

• Saudi Aramco: Oil Markets Are Adjusting To Sanctions On Russia

  Published 26 October 2022 | viewed 7,958 times

  Global oil trade flows are already realigning after the Western sanctions on Russian exports, as Russia places more crude in Asia while other producers send…

• The Midterms Could Transform Energy Policies In Several U.S. States

  Published 26 October 2022 | viewed 5,921 times

  The outcomes of gubernatorial races and elections of commissioners at a utility regulator could change the energy policies of several U.S. states after the midterm…

• Haliburton Sees Net Income More Than Double Year-Over-Year

  Published 25 October 2022 | viewed 2,957 times

  Halliburton Company (NYSE: HAL), the world’s largest provider of fracking services, reported on Tuesday that adjusted net income for the third quarter more than doubled…

• Valero Posts Bumper Q3 Profit As Demand For Its Fuels Exceeds 2019 Levels

  Published 25 October 2022 | viewed 3,099 times

  Major U.S. refiner Valero Energy (NYSE: VLO) reported on Tuesday third-quarter earnings above analyst expectations, thanks to strong product demand exceeding 2019 levels and solid…