China's coal-chemicals sector reaps the benefits as Iran war crushes its petrochemical rivals
China's coal-to-chemicals stock has risen by up to 30% since the Iran War began, as the industry?capitalizes on its ability to?turn domestic coal into petroleum and?other chemicals…
Equinor CEO: EU unlikely to increase Russian Gas Imports
Anders Opedal CEO of Norway's Equinor said on Tuesday that the European Union is unlikely to increase Russian gas imports in order to offset Middle East supply disruption as long as Russia's 'war' with Ukraine continues.
India orders the strengthening of its natural gas infrastructure amid shortages
India issued an order Tuesday to address obstacles in building and expanding its natural?gas?infrastructure, as it aims to 'diversify' its fuel supply in the face of disruptions on…
Industry executives warn that the global energy crisis is worsening; attempts to plug the supply gap are not enough.
Executives and oil ministers reaffirmed that the global energy crisis has worsened as emergency measures by governments around the world have failed to plug the huge shortfall of oil and gas caused by the U.S.
Venture Global CEO: We are working with critical LNG cargoes to ship globally
Venture Global, a liquefied natural 'gas exporter, is working with countries all over the world to 'help cover shortages of supply in the short term, said CEO Mike Sabel on Tuesday at.the CERAWeek conference in Houston.
Venture Global CEO: We have enough LNG to last for a long time.
Venture Global, a liquefied natural 'gas exporter, is working with countries all over the world to deliver vital cargoes. CEO Mike Sabel made this statement on Tuesday - at the CERAWeek conference in Houston.
CERAWEEK - Kuwait oil CEO claims Iran is "holding the world economy hostage"
Kuwait Petroleum Corporation CEO said that emergency measures taken to ease the disruption in energy?supply due to the U.S. and Israeli war 'on Iran' are "not even a smidgen" compared…
Venture Global CEO: We have enough LNG to last for a long time.
Venture Global, a liquefied natural gas exporter, has sufficient?short-, medium- and longterm supplies. It is also working with countries all over the world to deliver vital cargoes.
Shell CEO warns that energy shortages could occur in Europe by the end of next month.
Shell CEO Wael Sawan warned on Tuesday that energy shortages in Europe could occur by the end of next month. Sawan added that Shell is working with governments in order to address the energy crisis.
India Loads LPG onto Its Empty Vessels Stranded in the Gulf
India is loading liquefied petroleum gas onto its empty vessels stranded in the Persian Gulf as the country grapples with a gas shortage triggered by the conflict in the Middle East…
European Energy Shortages Could Be Felt By April
Energy shortages could hit Europe by next month, Shell CEO Wael Sawan said on Tuesday, adding that securing adequate energy supply was critical to national security.Countries cannot…
Danish funds challenge Nordea at AGM over Arctic Oil
A shareholder resolution urging Nordea to stop funding companies that are expanding Arctic oil and natural gas production is supported by at least?three Danish institutions investors.
Modi and Trump discuss the importance of keeping Strait of Hormuz Open
?Indian PM Narendra Modi, and?U.S. In separate posts on X, U.S. Ambassador to India Sergio Gor, and Modi, said that President Donald Trump called him on Tuesday, discussing the'situation in the Middle East'…
Gulf Stocks Mixed amid Confusion over US-Iran Talks
Gulf markets closed mixed on Tuesday. Qatar?extended losses, while other bourses stabilized as investors parsed contradictory signals about potential U.S.Iran 'talks. The mood was volatile when U.S.
Venezuela will owe Eni $3.3 billion by the end of 2025 according to an annual report
Eni owed Venezuelan oil company PDVSA $3.3 billion at the end of last year. This included around $1 billion in accrued interest. The Italian company revealed this in its annual report.
Equinor begins drilling in Brazil's Raia and plans to explore the Santos Basin by 2027
Equinor's top executive in Brazil said that the Norwegian company has begun drilling for the offshore Raia natural-gas project in Brazil. It is also planning new 'exploratory activities in Brazil.
Prices of EUROPE GAS continue to fall as the market watches developments in Iran war
Dutch and British wholesale contracts for gas extended losses on Tuesday, following a sharp fall in the previous session. This was after U.S. president Donald Trump announced that he would delay military strikes against Iran…
Danish funds challenge Nordea at AGM over Arctic Oil
Two Danish institutional investors have backed a shareholder resolution calling on the Nordic region's largest bank,?Nordea, to cease all financing of companies that are expanding Arctic…
Gulf stocks mixed after Iran denies US talks, Qatar continues decline
Gulf stock markets were unable to find direction during early trading Tuesday. Qatar's fall was exacerbated by mixed messages about U.S.Iran talks following President Donald Trump's…
Investors predict that the war in Iran will increase Chinese demand for renewable energy
Investors rush into Chinese renewable stocks betting that the oil shock caused by the Iran War will increase?global green energy demand, a sector China dominates. This 'portfolio' trend…