Russia to Tighten Budget Fiscal Rule as Oil and Gas Revenues Plunge
The Russian government is considering lowering the oil price level above which it sends the proceeds to its wealth fund as the Kremlin’s oil and gas revenues are plummeting with…
Iran Rushes to Ship Oil Ahead of Possible U.S. Strike
Iran has tripled the rate of loading tankers in recent days as Tehran rushes to get its oil out of the Gulf ahead of potential further escalation of the tensions…
$5 Billion Pipeline Deal Could Be Coming to the Gulf Coast
Texas-based EnCap Flatrock Midstream is considering a sale of gas pipeline operator Momentum Midstream in a deal that could fetch $5 billion. According to a Bloomberg report citing unnamed sources,…
Shell Weighs $24 Billion Stake Sale in Australian LNG Project
Shell is in talks with ADNOC and Midocean Energy on the potential sale of its minority stake in the Australian North West Shelf LNG project, Bloomberg has reported, citing unnamed…
Iran Restarts Gas Exports to Iraq as Energy Pressures Mount
Iran has restarted the exports of natural gas to its neighbor Iraq despite U.S. opposition to the exchange, which last year led to the cancellation of these supplies. The daily…
Saudi Arabia Boosting Oil Output In Anticipation of U.S. Attacks On Iran
Saudi Arabia has started to increase its oil output as part of a contingency plan in the event the United States attacks Iran and oil flows are disrupted, Reuters reported…
