#oilprice.com. × Goldman Sachs: Brent Crude Could Hit $93 if Sanctions Hit Iranian, Russian Oil | OilPrice.com. Goldman: "We estimate that Brent could temporarily rise to $93/bbl in a scenario where sanctioned supply falls by 1mb/d persistently for Iran and temporarily for Russia"
#Jan.31.2025 ×
#oilprice.com. × Renewables Giant Orsted Replaces CEO as Offshore Wind Troubles Persist | OilPrice.com. Orsted, the world's leading offshore wind developer, appoints new CEO to navigate a challenging market with supply chain issues, rising costs, and regulatory uncertainty.
#Jan.31.2025 ×
#oilprice.com. × Ukrainian Drone Attacks Disrupt Key Russian Oil Export Route | OilPrice.com. An overnight attack by Ukrainian drones on Russia's Andreapol oil pumping station, part of the oil export route via the Baltic Sea port of Ust-Luga, has forced oil flows to stop
#Jan.30.2025 ×
#oilprice.com. × Russia’s Oil Production Slipped 2.8%, Gas Output Rose 7.6% in 2024 | OilPrice.com. Russia pumped 2.8% lower volumes of crude oil and condensate in 2024 from a year earlier, while its natural gas production rose by 7.6%
#Jan.30.2025 ×
#oilprice.com. × EU Officials Discuss Restart of Russian Gas as Part of Ukraine Peace Deal | OilPrice.com. Some EU officials are considering resuming Russian pipeline gas imports as part of a potential peace agreement with Ukraine, sparking controversy and opposition within the bloc.
#Jan.30.2025 ×
#oilprice.com. × Development Banks Have $56-Billion Plan to Boost Africa’s Access to Electricity | OilPrice.com. International lenders have pledged an additional $8 billion to support a $48 billion World Bank and African Development Bank project aimed at bringing electricity to 300 million Africans by 2030.
#Jan.29.2025 ×
#oilprice.com. × Ukraine Drones Hit Second Russian Oil Refinery in Less Than a Week | OilPrice.com. Ukraine has conducted another drone strike on a major Russian oil refinery, the second such attack in less than a week.
#Jan.29.2025 ×
#oilprice.com. × Europe’s Strictest ESG Funds Hit by Record Outflows | OilPrice.com. Investors withdrew a record amount of money from the EU's most stringent ESG funds due to poor returns.
#Jan.29.2025 ×
#oilprice.com. × Lower Wind Generation in Germany Raises European Power Prices | OilPrice.com. A prolonged period of low wind speeds in Germany has significantly reduced wind power generation, leading to increased electricity prices and a greater reliance on fossil fuels.
#Jan.29.2025 ×
#oilprice.com. × EU Considers Russian Aluminum Ban | OilPrice.com. The European Union is considering a ban on Russian aluminum imports, along with other sanctions, but faces growing opposition from some member states.
#Jan.29.2025 ×
#oilprice.com. × Russia Tests Sanctions with Oil Shipments to India | OilPrice.com. Despite the latest round of sanctions by the US Treasury, Russia has managed to keep its four-week rolling average oil shipments fairly steady over the seven-day period to January 26
#Jan.28.2025 ×
#oilprice.com. × Soaring Tanker Costs Stall Russian Oil Trade in Asia After US Sanctions | OilPrice.com. New U.S. sanctions on Russian oil exports have caused tanker rates to surge and trade to freeze as shippers scramble for non-sanctioned vessels.
#Jan.28.2025 ×
#oilprice.com. × Global LNG Imports Set to Hit One-Year High as Europe Outbids Asia | OilPrice.com. Global LNG imports are rising, driven by strong demand in Europe which is drawing cargoes away from a tepid Asian market.
#Jan.28.2025 ×
#oilprice.com. × Germany’s Imports of Russian LNG From Other EU Ports Jump | OilPrice.com. Despite a de facto ban on direct imports of Russian LNG, Germany is importing significant volumes of Russian gas via France and Belgium.
#Jan.28.2025 ×
#oilprice.com. × Trump’s Tariff Push Will Give LNG Exporters Bigger Asian Presence | OilPrice.com. President Trump’s trade policies are driving increased U.S. LNG exports to Asia and Europe, reshaping global energy markets.
#Jan.28.2025 ×
#oilprice.com. × Russian Crude Refining Surging After U.S. Sanctions | OilPrice.com. Russian refineries are processing more crude oil in the hope of boosting fuel exports after the Biden administration imposed fresh sanctions on Russian crude.
#Jan.27.2025 ×
#oilprice.com. × Oil Giant Repsol Enters Data Center Market With $4.2 Billion Investment | OilPrice.com. Repsol, Spain's largest oil company, is investing $4.2 billion in a data center project as part of a diversification strategy.
#Jan.27.2025 ×
#oilprice.com. × Russia’s Total Crude Oil Exports Dipped by 2.2% in 2024 | OilPrice.com. Russia's overall crude oil exports fell in 2024 despite increased shipments to China as Western sanctions forced a shift in export routes.
#Jan.27.2025 ×
#oilprice.com. × Trump Doubles Down on Greenland Acquisition | OilPrice.com. President Trump insisted on acquiring Greenland, citing national security, despite firm rejections from Denmark and Greenland’s leadership.
#Jan.27.2025 ×
#oilprice.com. × Oil Prices Start the Week Lower Following Trump’s Calls for More Production | OilPrice.com. Oil prices started the week lower after Trump called on OPEC to increase production and potentially lower prices to help end the war in Ukraine.
#Jan.27.2025 ×
#oilprice.com. × Exxon Begins Drilling for Natural Gas Offshore Cyprus | OilPrice.com. ExxonMobil and QatarEnergy have begun drilling for natural gas in an exploration block offshore Cyprus.
#Jan.24.2025 ×
#oilprice.com. × Trump Promises There Will Be LNG for Europe | OilPrice.com. Trump has pledged to ensure Europe’s LNG needs are met, even if it impacts domestic prices, while urging increased EU purchases to address trade imbalances.
#Jan.24.2025 ×
#oilprice.com. × Hungarian Official Calls for Debate on EU Sanctions Against Russia | OilPrice.com. Hungary’s call for a debate on EU sanctions against Russia, combined with rising Russian LNG imports, casts doubt on the bloc’s united front and future strategies.
#Jan.23.2025 ×
#oilprice.com. × Italy to Begin Gas Refilling Next Month to Avoid Price Spikes | OilPrice.com. Italy plans to begin refilling its natural gas storage facilities early this year to avoid potential price spikes during the summer months.
#Jan.23.2025 ×
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