#oilprice.com. × #Mar.28.2025 Toothless EU Re-Export Ban on Russian LNG Kicks In | OilPrice.com. The re-export ban, passed back in June 2024, only targets Russian LNG cargoes passing through EU ports en route to Asia and other markets.
#Business #Russia #Europe #Asia
#oilprice.com. × #Mar.28.2025 Europe’s LNG Imports Hit Seasonal High | OilPrice.com. Europe is taking advantage of weak Asian demand for liquefied natural gas and has boosted its LNG imports to the highest level ever for this time of the year
#Business #Europe #Asia
#oilprice.com. × #Mar.28.2025 Russia’s Far East Crude Price Slumps as China’s State Refiners Cut Imports | OilPrice.com. Russia's ESPO crude blend has fallen to its lowest price since June 2024, flipping to a discount against international benchmarks, due to weakened demand from Chinese state-owned firms wary of U.S. san
#Business #China #Russia #Europe #Asia
#oilprice.com. × #Mar.28.2025 Saudi Arabia Set to Slash Oil Prices to Asia Amid Falling Benchmarks | OilPrice.com. Saudi Arabia is set to significantly reduce its crude oil prices for Asian buyers in May, driven by falling regional benchmarks and increasing OPEC+ supply.
#Business #Asia #Saudi Arabia
#oilprice.com. × #Mar.28.2025 Kuwait Eyes Return to Debt Markets to Fund Diversification From Oil | OilPrice.com. Kuwait has approved a new financing and liquidity law, enabling it to borrow up to $97.3 billion to fund projects aimed at diversifying its economy away from heavy reliance on oil revenues.
#Business #Asia #Kuwait
#oilprice.com. × #Mar.28.2025 Woodside Energy Sells Trinidad Oil and Gas Assets | OilPrice.com. Woodside Energy has agreed to sell its oil and gas assets in Trinidad and Tobago, including the Angostura and Ruby offshore fields, to Perenco for $206 million as part of its portfolio optimization str
#Business #North America #Trinidad and Tobago
#oilprice.com. × #Mar.28.2025 Federal Judge Cancels Biden’s Last Gulf Lease Sale | OilPrice.com. A federal district judge ruled against the Biden administration's 2023 Gulf lease sale, citing violations of the Environmental Policy Act due to insufficient consideration of climate impact and whale p
#Business #Weather
#oilprice.com. × #Mar.28.2025 Shell Quits Brazil Wind and Solar Projects | OilPrice.com. Shell has decided to scrap its planned wind and solar power generation projects in Brazil, citing an unfavorable investment environment and a strategic pivot back to oil and gas.
#Business #Brazil #South America
#oilprice.com. × #Mar.28.2025 Oil Prices Set to Extend Winning Streak on U.S. Sanction Action | OilPrice.com. Crude oil prices are on a third consecutive weekly rise as President Trump's tariffs on Venezuelan oil and increased sanctions on Iranian entities heighten concerns about global supply.
#Business #South America #Asia #Venezuela #Iran
#oilprice.com. × #Mar.27.2025 Just Stop Oil Hangs Up Orange Vests, Claiming Victory | OilPrice.com. After three years of attention-seeking behavior hurling tomato bisque at masterpieces and glue-sticking themselves to random surfaces, the UK’s most orange-vested climate troupe, Just Stop Oil, has dec
#Business #Weather #United Kingdom #Europe
#oilprice.com. × #Mar.27.2025 India Turns Away Russian Oil Tanker As Sanctions Evolve | OilPrice.com. India moved on Thursday to deny entry to a Tanzanian-flagged tanker carrying Russian crude, signaling that New Delhi is ramping up scrutiny of vessels transporting oil from Russia
#Business #Africa #Russia #Europe #Asia #India #Tanzania
#oilprice.com. × #Mar.27.2025 EU Raw Materials Plan Faces Long Odds Against Global Power Moves | OilPrice.com. While global powers like China and the USA are aggressively pursuing critical minerals, the EU Commission in Brussels is taking a different approach.
#Business #China #USA #Asia #North America
#oilprice.com. × #Mar.27.2025 BP Approves Major Trinidad and Tobago Natural Gas Project | OilPrice.com. CNOOC reported an 11.4% increase in net profit for 2024, driven by record oil and gas production, which compensated for lower average oil prices.
#Business #North America #Trinidad and Tobago
#oilprice.com. × #Mar.27.2025 CNOOC Profit Jumps by 11% on Record Oil and Gas Production | OilPrice.com. CNOOC reported an 11.4% increase in net profit for 2024, driven by record oil and gas production, which compensated for lower average oil prices.
#Business #China #Asia
#oilprice.com. × #Mar.27.2025 Uganda’s $5-Billion Oil Export Pipeline Secures Initial Funding | OilPrice.com. The East African Crude Oil Pipeline (EACOP) project has secured its first tranche of external financing, amounting to $1 billion, to support the construction of the pipeline from Uganda to Tanzania.
#Business #Uganda #Africa #Tanzania
#oilprice.com. × #Mar.27.2025 Clean Jet Fuel Production Lagging Behind 2030 Goals | OilPrice.com. The ramp-up of Sustainable Aviation Fuel (SAF) is proceeding slower than expected due to high costs and economic uncertainty, hindering the achievement of 2030 clean jet fuel targets.
#Aviation #Business
#oilprice.com. × #Mar.27.2025 China Climate Envoy Calls Transition “Irreversible” | OilPrice.com. China asserts that the global energy transition is irreversible and will proceed despite the United States' withdrawal from the Paris Agreement, citing continued commitment from other nations, market f
#Business #Weather #France #China #USA #Europe #Asia #North America
#oilprice.com. × #Mar.27.2025 Political Struggles Threaten Nigeria’s Oil Production Recovery | OilPrice.com. A series of pipeline explosions and fires in Nigeria's Niger Delta, amid a political crisis, are threatening the country's efforts to increase oil and gas production.
#Business #Niger #Nigeria #Africa
#oilprice.com. × #Mar.27.2025 Coal Prices in China Could Fall Even Further | OilPrice.com. China's coal market faces a significant oversupply, leading to predictions of further price declines despite record-high thermal power generation.
#Business #China #Asia
#oilprice.com. × #Mar.27.2025 U.S. Files Lawsuit for the Forfeiture of $47 Million in Iranian Oil Proceeds | OilPrice.com. The U.S. Department of Justice has filed a lawsuit seeking the forfeiture of $47 million from the sale of Iranian oil, claiming the proceeds benefited terrorist organizations.
#Business #USA #Asia #North America #Iran
#oilprice.com. × #Mar.26.2025 Dallas Fed Survey Respondents Bearish on Short Term Oil Prices | OilPrice.com. On average, respondents expect a West Texas Intermediate (WTI) oil price of $68 per barrel at year-end 2025, slightly lower than the current price of $69.87 per barrel
#Business
#oilprice.com. × #Mar.26.2025 Deferred EU Ban On Transshipment of Russian LNG In Force Today | OilPrice.com. An EU ban on transshipment of Russian liquefied gas (LNG) in ports introduced in June 2024, with a deferral granted until March 26, 2025, has finally come into force
#Business #Russia #Europe
#oilprice.com. × #Mar.26.2025 Iraq Hands BP Final Approval for Kirkuk Oil Development | OilPrice.com. BP has received final approval from the Iraqi government for a $25 billion redevelopment project of the Kirkuk oil fields, marking a significant step in Iraq's efforts to revive its oil industry.
#Business #Asia #Iraq
#oilprice.com. × #Mar.26.2025 China’s ENN Energy Valued at $11.6 Billion in Privatization Offer | OilPrice.com. ENN Natural Gas, an affiliate of the ENN Group, has made a $11.6 billion privatization offer to acquire the remaining stake in ENN Energy Holdings Limited.
#Business #China #Asia
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