Russia to Send Oil to Crisis-Stricken Cuba
Russia plans to send soon oil and oil products to Cuba as part of humanitarian aid, the Russian embassy in Cuba told Russian media on Thursday. Cuba’s worsening economic and…
Europe Gets Rare LNG Cargo from China Amid Gas Crunch
A tanker carrying liquefied gas is sailing to Europe from China in a rare move that was last made four years ago. The Seapeak Glasgow loaded the liquefied gas at…
EU Industry Chiefs Demand Lower Energy Prices
Hundreds of business executives from European companies have demanded that the European Union authorities take steps to lower energy prices, warning that failure to act would cause an investment outflow…
USA Labor Market Report Underpins Energy Demand
In a market update sent to Rigzone late Wednesday, Rystad Energy outlined that the January U.S. labor market report “surprise[d]… to the upside, underpinning energy demand”. Rystad noted in the…
U.S. Energy Secretary Says Venezuela Could See Surge in Oil Output
Venezuela’s crude oil production could increase dramatically as soon as this year, U.S. Energy Secretary Chris Wright said during his visit in the South American country. “This year, we can…
