Oil Prices Climb on Geopolitical Tensions in Europe and the Middle East
Crude oil prices began the week with another rise, after last week saw a reversal of a two-week streak of gains on an abundance of glut predictions. The upward pressure…
JP Morgan Analysts Look at Global Oil Demand Growth
Global oil demand averaged 104.4 million barrels per day through September 17, marking a year over year increase of 520,000 barrels per day. That’s what analysts at J.P. Morgan, including…
Namibia university to lead €2m EU green hydrogen project
The Namibia University of Science and Technology (NUST) will lead a €2m EU-funded project aimed at addressing the country’s skills gap in renewable energy. The Ignite project will upskill 300…
Video | “We need good policy makers to make [net zero] happen”
Ravi Varma, Founder & MD at Hypro; Gill Scheltjens, CEO at D-CRBN; Ana Maria Jaller-Makarewicz, Lead Energy Analyst of Europe at the Institute for Energy Economics and Financial Analysis (IEEFA);…
Regulator to Take Over Oil Contracts in Nigeria
Nigeria is considering stripping its state oil company of its decisive role in managing existing oil contracts and transferring that authority to the upstream regulator, in what could be the…
Indonesia Opens Fuel Imports to Private Retailers
Southeast Asia’s biggest economy, Indonesia, has allowed private fuel retailers, including the units of BP and Shell, to import fuel via state-controlled energy firm Pertamina, Indonesia Energy Minister, Bahlil Lahadalia,…
Iraq Boosts Oil Exports as OPEC+ Rolls Back Cuts
Iraq has boosted its oil exports as part of the gradual rollback of voluntary production cuts agreed under the OPEC+ alliance, the country’s state oil marketer SOMO confirmed on Sunday.…
Snam Eyes Gas Storage Facility offshore UK
A subsidiary of Italian gas-grid manager Snam SpA is considering building a $1 billion natural gas storage site off the UK coast, betting a new facility would see strong demand…
Sweden Looks to Lend $23 Billion to New Nuclear Power Projects
Sweden’s government will ask the Parliament to approve state loans worth $23.4 billion (220 billion Swedish crowns) to companies to build nuclear reactors in the Scandinavian country. Sweden plans to…
EU Set to Ban Russian LNG Imports Earlier than Planned
The European Commission is set to propose a ban on imports of Russian LNG by January 1, 2027, which would be a year earlier than previously planned, EU sources told…







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