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#wikipedia.org. × pound sterling. Sterling (ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound (sign: £) is the main unit of sterling, and the word pound is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest curre
#Dec.31.2999
#wikipedia.org. × United States dollar. The United States dollar (symbol: $; currency code: USD; also abbreviated US$ to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par w
#Dec.31.2999
#oilprice.com. × 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.
#Mar.28.2025
#oilprice.com. × 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
#Mar.28.2025
#oilprice.com. × 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
#Mar.28.2025
#oilprice.com. × 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.
#Mar.28.2025
#oilprice.com. × 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.
#Mar.28.2025
#oilprice.com. × 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.
#Mar.28.2025
#oilprice.com. × 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
#Mar.27.2025
#oilprice.com. × 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.
#Mar.27.2025
#oilprice.com. × 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.
#Mar.27.2025
#oilprice.com. × 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
#Mar.27.2025
#oilprice.com. × 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.
#Mar.27.2025
#oilprice.com. × 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.
#Mar.27.2025
#oilprice.com. × 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.
#Mar.26.2025
#oilprice.com. × 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.
#Mar.26.2025
#oilprice.com. × China’s Purchases Stall After Trump’s Tariff Threat on Buyers of Venezuelan Oil | OilPrice.com. China's trade with Venezuela, its largest oil supplier, has stalled after U.S. President Trump threatened 25% tariffs on goods from any country importing Venezuelan oil.
#Mar.25.2025
#oilprice.com. × Biggest Indian Oil Producer Seeks to Diversify to Withstand Supply Glut | OilPrice.com. Indian state-owned ONGC is planning to diversify its operations into refining, petrochemicals, LNG trading, and renewable energy to mitigate risks associated with a potential global oil supply glut and
#Mar.25.2025
#oilprice.com. × India’s Peak Electricity Demand Set to Jump By 10% in 2025 | OilPrice.com. India's peak power demand is expected to surge by 9-10% this summer due to anticipated heatwaves, building on last year's record-breaking consumption.
#Mar.25.2025
#oilprice.com. × Alaska Seeks South Korean Investors for Its $44-Billion LNG Project | OilPrice.com. Alaska Governor Mike Dunleavy discussed the $44 billion Alaska LNG project and potential energy and trade cooperation with South Korean Industry Minister Ahn Duk-geun, aiming to attract Asian investmen
#Mar.25.2025
#oilprice.com. × Iran Oil Tankers Evading Sanctions with False Iraqi Paperwork | OilPrice.com. Iranian oil tankers seized by U.S. forces in the Gulf were using forged Iraqi documents, Iraq's oil minister Hayan Abdel-Ghani has reported
#Mar.24.2025
#oilprice.com. × Indian Refineries Slashing Spot Tenders as Russian Oil Flows Back | OilPrice.com. Indian refiners will issue fewer tenders for the purchase of crude oil on the spot market in the coming month as Russian supplies bounce back
#Mar.24.2025
#oilprice.com. × Indonesia’s $20-Billion Energy Transition Deal Will Survive Without the U.S. | OilPrice.com. Indonesia is proceeding with its $20 billion Just Energy Transition Partnership (JETP) to shift away from coal, despite the United States' withdrawal from international climate agreements.
#Mar.24.2025
#oilprice.com. × Saudi Arabia Awards $2.6-Billion Natural Gas Power Plant Deal | OilPrice.com. Saudi Arabia has awarded a $2.6 billion contract to a Spanish-Egyptian joint venture to construct a 3 gigawatt combined cycle gas-fired power plant in the Eastern Province.
#Mar.24.2025
#oilprice.com. × Iraq Plans Gas Import Terminals Amid Tighter U.S. Sanctions on Iran | OilPrice.com. Iraq is negotiating the procurement of two floating regasification terminals to replace natural gas supply from Iran, following the U.S. government's decision not to extend sanctions waivers and its re
#Mar.24.2025
#oilprice.com. × Sinopec Books Lower Profit for 2024 on Oil Price Slide | OilPrice.com. Sinopec reported a 16.8% decline in net profit for 2024, attributed to lower oil prices and the increasing impact of electric vehicles on fuel demand.
#Mar.24.2025
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