BP Shareholders Demand Proof That Fossil Fuel Pivot Will Pay
A group of institutional shareholders in BP, featuring pension funds and an activist investment outlet, has filed a resolution demanding details on how exactly the company’s return to its core…
India’s Russian Oil Dilemma Threatens to Shake Global Markets
The immediate suspension of crude oil imports from Russia on the part of India would present a major disruption for global oil markets, Moody’s warned today, following the announcement of…
U.S.-India Trade Deal Puts Oil and Russian Crude at the Core
President Donald Trump said on Monday that the United States and India have reached an agreement on a trade framework that cuts U.S. tariffs on Indian goods and commits New…
Qatar’s Al-Kaabi Warns AI Power Demand Could Spark LNG Shortage by 2030
Qatari Energy Minister Saad al-Kaabi on Monday warned that rising power demand from artificial intelligence could wipe out the global LNG surplus and push markets into deficit by around 2030,…
U.S. Extends License Protecting Venezuela-Owned Citgo From Creditors
The United States has extended a Treasury license that shields Venezuela-owned refiner CITGO Petroleum Corp from creditor actions through March 20, a move that preserves the company’s legal status while…
Major LNG Players Skip Qatar Conference
Some of the liquefied natural gas industry’s biggest companies are skipping a key conference in Qatar due to fears that simmering US-Iran tensions could still erupt into a regional conflict.…
