-
The oil lobby group claims that the export tax in Brazil is an obstacle to new investment
The head of the lobby group IBP said at a Wednesday event that Brazil's new export tax on crude oil, which was created by the government a month ago, is a hurdle to new investments for oil majors. He added that the group may file a suit against the tax. As oil prices rose due to the U.S./Israeli war against Iran…
-
McGeever: Global imbalances are back and there is no solution in sight.
Remember global imbalances? They're back. The prospects of a coordinated reaction among major economic powers in a world?fractured and increasingly marked by protectionism and self-interest look remote. Since the COVID-19 outbreak, the U.S. deficit in current account has widened, as have the surpluses of China and oil producers.
-
The Iranian ceasefire has eased fears, but the LNG sector is still scarred.
The Middle East ceasefire signaled a de-escalation. However, the conflict had a lasting impact on the global LNG industry. It has eroded the confidence of Gulf'suppliers' and raised doubts in Asian buyers about the fuels affordability and reliability. Since the U.S. launched its strikes against Iran on February 28…
-
Prices of EUROPE GAS remain stable as LNG trapped in the Hormuz Strait remains behind.
Dutch and British gas contracts saw small gains Thursday morning as the optimism over a 'quick resumption of LNG shipments through the Strait of Hormuz following the U.S.Iran ceasefire faded. Intercontinental Exchange data showed that the benchmark Dutch front-month contract for the…
-
GAIL India will borrow between 50 and 60 billion rupees during the financial year 2027
GAIL (India), India's largest gas distribution company, plans to borrow 50-60 billion rupees to fund expansion in fiscal 2027. The company has also purchased?three spot LNG shipments?to offset supply shortages due to the Iran War, according to a company official on Thursday. The amount that it intends to borrow is between $539 and $647 million.
-
LAPFF joins the chorus of shareholder advisers recommending dissenting vote on BP Board
The Local 'Authority Pension fund Forum', which represents funds with assets worth over $425 billion ($569 'billion), has'recommended'…
-
LAPFF joins the chorus of shareholder advisers recommending dissenting vote on BP Board
The Local 'Authority Pension fund Forum', which represents funds with assets worth over $425 billion ($569 'billion), has'recommended'…
-
LAPFF joins the chorus of shareholder advisers recommending dissenting vote on BP Board
The Local 'Authority Pension fund Forum', which represents funds with assets worth over $425 billion ($569 'billion), has'recommended'…
Latest news
-
LAPFF joins the chorus of shareholder advisers recommending dissenting vote on BP Board
The Local 'Authority Pension fund Forum', which represents funds with assets worth over $425 billion ($569 'billion), has'recommended'…
-
Document shows India wants to double its capacity and reduce steel emissions by 25%.
India's steel mills plan to reduce carbon emissions by around a quarter in the next decade, and to reduce their reliance on coal.
-
Argentina adopts mining reform to encourage investment near glaciers
On Thursday, Argentina's lawmakers approved a government reform that promotes mining investment in glacier areas. Environmentalists…
-
OMV: Higher energy prices will balance the losses from Iran war
Austrian oil and...gas?group OMV stated on Thursday that it expects higher energy prices to more than offset disruptions in?production?
-
Kyodo reports that Japan is considering a new release of approximately 20 days worth of oil reserves from its reserves
Kyodo, a Japanese newspaper, reported that Japan is considering releasing a fresh release of 20 days worth of oil as soon as May.
-
Japan March spot LNG price is $10.80/mmBtu
The average spot LNG cargoes contracted and delivered to Japan in the last month were not revealed. Japan Oil, 'Gas, and…
-
French and Benelux stocks: Factors to watch for on April 9,
Here are some company news and stories that could have an impact on a region's markets or individual stocks. AMG raised more…
-
Libya announces new discoveries of oil and gas with three major energy firms
The National Oil Corporation of Libya (NOC), a state-run company, announced in separate statements that it had made three…
-
Libya announces new discoveries of oil and gas with three major energy firms
The National Oil Corporation of Libya (NOC), a state-run company, announced in separate statements that it had made three…
-
The oil lobby group claims that the export tax in Brazil is an obstacle to new investment
The 12% tax on exports of crude?oil, which was introduced by the Brazilian government about a month ago, is a barrier to…
-
The oil lobby group claims that the export tax in Brazil is an obstacle to new investment
The 12% tax on exports of crude?oil, which was introduced by the Brazilian government about a month ago, is a barrier to…
-
The oil lobby group claims that the export tax in Brazil is an obstacle to new investment
The head of the lobby group IBP said at a Wednesday event that Brazil's new export tax on crude oil, which was created by the government a month ago…
Exploration
-
Sources say that the US SEC has appointed Gibson Dunn as its new enforcement director.
Three sources with knowledge of the matter said that the U.S. Securities and Exchange Commission had appointed a?white collar…
-
Australian State calls for quicker approvals of new oilfield
Queensland, Australia's state, said on Wednesday that it would urge the federal government to streamline approvals of a 'potentially'…
-
TSX ebbs as Trump's Iran deadline nears
The main Canadian stock index fell on Tuesday, as investors monitored the situation in the Middle East after Iran did not…
Drilling
-
Petrobras increases prices for Brazilian natural gas distributors by around 20% in May
The executive director of the industry group Abegas stated that Brazil's state-run petroleum company Petrobras could raise…
-
Sources say that oil giants have shown early interest in US Gulf Deepwater Field stake
TotalEnergies, a European energy giant, and Shell are among the companies that want to buy a majority stake at one of?U.S.
-
Carol Howle named as BP's deputy CEO to oversee portfolio reviews and strategy
Carol Howle was named BP's 'deputy CEO' on Thursday. She will oversee the company’s ongoing portfolio re-evaluation and strategy developments.
