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G7 coalition agrees $60 per barrel price cap for Russian oil: The Group of Seven (G7) nations and Australia on Friday said they had agreed a $60 per barrel price ...
reuters.com/business/energy/holdout-poland-approves-eus-60-russian-oil-price-cap-with-adjustment-mechanism-2022-12-02/
The G7countries and EU agreed to a $60 per barrel price cap on Russian crude oil.
Can a price cap cut Putin's war chest?
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G7 coalition agrees $60 per barrel price cap for Russian oil: The Group of Seven (G7) nations and Australia on Friday said they had agreed a $60 per barrel price ...
reuters.com/business/energy/holdout-poland-approves-eus-60-russian-oil-price-cap-with-adjustment-mechanism-2022-12-02/
Zelenskyy’s chief of staff: Price cap on Russian oil should be cut to $30 a barrel
english.alarabiya.net/News/world/2022/12/03/Zelenskyy-s-chief-of-staff-Price-cap-on-Russian-oil-should-be-lowered-to-30-a-barre
US, Europe to up Iran sanctions as Israel pressed to ditch threatened retaliation
timesofisrael.com/us-europe-to-up-iran-sanctions-as-israel-pressed-to-ditch-threatened-retaliation/
Quick Glance: US imposes new sanctions on Iran's drone program
- The United States imposed new sanctions Thursday on sixteen people and two entities associated with Iran’s drone program to punish Tehran for the weekend's attack on Israel.
- The sanctions target executives of an engine manufacturer supplying Iran’s Shahad-131 drones, companies servicing the engines, and individuals providing the drones to Iranian proxy forces in the Middle East.
- Coordinated with European allies, the new sanctions aim to disrupt Iran's missile and drone program and isolate the country globally.
- President Joe Biden emphasized the US commitment to holding Iran accountable, utilizing economic tools to counter Iran's activities, as stated by Treasury Secretary Janet Yellen.
Ukraine is ignoring US warnings to end drone operations inside Russia - Euromaidan Press
euromaidanpress.com/2024/04/19/ukraine-is-ignoring-us-warnings-to-end-drone-operations-inside-russia/
How India’s imports of Russian oil have lubricated global markets: But as the country’s importance in the global oil market grows, risks loom
economist.com/asia/2024/04/11/how-indias-imports-of-russian-oil-have-lubricated-global-markets
Self belief: I always knew I was built to be an entrepreneur : Eutycus Mwenda is the founder of Milestones Supplies, a fuel depot in Meru town.
nation.africa/kenya/life-and-style/mynetwork/self-belief-i-always-knew-i-was-built-to-be-an-entrepreneur--4593622
ECB's June rate cut plan bolstered by confirmed eurozone inflation fall: Inflation in the eurozone decelerated across the board in March, as per final data from ...
dailysabah.com/business/economy/ecbs-june-rate-cut-plan-bolstered-by-confirmed-eurozone-inflation-fall
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
Venezuela criticizes return of US sanctions and claims it did not pledge to let opposition leader run in election
english.elpais.com/international/2024-04-18/venezuela-criticizes-return-of-us-sanctions-and-claims-it-did-not-pledge-to-let-opposition-leader-run-in-election.html
Quick Glance: US to Reinstate Sanctions on Venezuela’s Oil and Gas Sector
- The United States will reimpose sanctions on Venezuela’s oil and gas sector due to the Maduro government's failure to allow 'an inclusive and competitive election' to take place.
- The US government decided not to renew the temporary authorization (General License 44) that allowed transactions with Venezuela's national oil and gas sector without fear of sanctions, citing the Maduro government's failure to uphold key areas of the 'Barbados Agreement.'
- While the impact of revoking the authorization could not be quantified, another authorization from 2022 allowing the oil company Chevron to resume limited resource extraction operations in Venezuela will remain in place.
- Despite reinstating sanctions, a US official emphasized that this should not be seen as a final decision on Venezuela's electoral capabilities, and efforts to support a better future for the country will continue.
Russia Plans Anti-Drone Response After Recent Hits on Refineries: Russia is stepping up military training to counter drones after repeated UAV attacks in regions ...
bloomberg.com/news/articles/2024-04-20/russia-plans-anti-drone-response-after-recent-hits-on-refineries
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Oil price eases on hopes of Middle East de-escalation after attacks: Iran produces more than three million barrels of crude oil a day as a major producer within ...
irishexaminer.com/business/economy/arid-41374870.html
Quick Glance: Oil Prices Could Witness a 'Super Spike Well Above $100' Post Iran's Strike on Israel
- Market analysts predicted that oil prices could surge to $100 per barrel and beyond after Iran conducted an aerial attack on Israel, reigniting concerns of a regional war.
- Iran carried out an aerial attack on Israel on Saturday night, launching over 300 drones and missiles, marking the first direct military attack by Iran on the Jewish state.
- Insufficient investment renders the supply more fragile, raising the likelihood of a 'super spike well above $100' if the supply is disrupted.
- Recent months have seen oil prices rise due to trade disruptions and delays caused by maritime attacks in the Red Sea by the Houthis, who express solidarity with the Palestinian people.
$5-6bn upgrade of refineries hits snags: ISLAMABAD: The upgrade of local refineries under the amended brownfield refinery policy has hit snags mainly because of ...
thenews.com.pk/print/1180346-5-6bn-upgrade-of-refineries-hits-snags
Lagarde says ECB will cut rates soon, barring any major surprises; notes 'extremely attentive' to oil
cnbc.com/2024/04/16/lagarde-says-ecb-will-cut-rates-soon-barring-any-major-surprises.html
TotalEnergies investors call for split of CEO and chair roles: A group of TotalEnergies investors is calling for the French oil and gas major to split the roles ...
reuters.com/business/energy/investors-ask-totalenergies-split-ceo-board-chair-roles-ahead-may-agm-2024-04-18/
Morning Bid: Recoiling oil and dollar sow calm as tech earnings loom: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-18/
Russian Diesel Exports Continue Plunge in Wake of Drone Attacks: Russia’s diesel exports are continuing to plunge in the weeks after drone attacks on the ...
bloomberg.com/news/articles/2024-04-18/russian-diesel-exports-continue-plunge-in-wake-of-drone-attacks
Reliance tries to sell US oil as Russian flows gain
deccanherald.com/business/companies/reliance-tries-to-sell-us-oil-as-russian-flows-gain-2981790
US, Europe to up Iran sanctions as Israel pressed to ditch threatened retaliation
timesofisrael.com/us-europe-to-up-iran-sanctions-as-israel-pressed-to-ditch-threatened-retaliation/
The renegotiation debate of the 2016 Petroleum Agreement: What are the considerations? - Guyana Chronicle
guyanachronicle.com/2024/04/17/the-renegotiation-debate-of-the-2016-petroleum-agreement-what-are-the-considerations/
A Falling Euro Is Not The ECB's Biggest Headache: Along with rising speculation of EUR/USD approaching parity, the old question of how the European Central Bank ...
think.ing.com/articles/falling-euro-is-not-even-the-ecbs-biggest-headache/
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Kasselakis reports of miracle during his baptism: “A Cross was formed from the oil”
keeptalkinggreece.com/2024/04/17/kasselakis-miracle-baptism-cross/
Russia's economic growth to surpass US, advanced economies, IMF says: Russia's economy in 2024 is expected to grow by 3.2%, outpacing the US, Germany, the UK ...
businessinsider.com/russia-economy-grows-faster-than-all-advanced-economies-imf-2024-4
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Nigeria: Govt Must Halt Shell's Sale of Its Niger Delta Business Unless Human Rights Are Fully Protected
allafrica.com/stories/202404150023.html
Locals protest compulsory land acquisition in Uganda’s oil-belt : Mr Mwesige said the swift court ruling – delivered within four days and after one hearing – ...
monitor.co.ug/uganda/news/national/locals-protest-compulsory-land-acquisition-in-uganda-s-oil-belt--4593486
Russia managed to quickly repair some of its key refineries – Reuters: Russia has managed to quickly repair some of the critical refineries that were hit by ...
pravda.com.ua/eng/news/2024/04/15/7451330/
Ukrainian drone strikes are hurting Russia’s oil industry: The world’s third-largest producer is now an importer of petrol
economist.com/finance-and-economics/2024/04/11/ukrainian-drone-strikes-are-hurting-russias-oil-industry
Small-scale gas suppliers worry over centralised imports plan: Epra last week said it is looking into the possibility of restricting LPG imports and would only ...
standardmedia.co.ke/financial-standard/article/2001493287/small-scale-gas-suppliers-worry-over-centralised-imports-plan
‘Quality concerns’ disrupt petrol sales in Southern Cape: Unexplained damage to vehicle paintwork from the petrol prompts oil companies to tell retailers to ...
timeslive.co.za/sunday-times/news/2024-04-14-quality-concerns-disrupt-petrol-sales-in-southern-cape/
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Washington Post: US request not to target Russian oil refineries 'irritated' Zelensky
kyivindependent.com/washington-post-us-request-not-to-target-russian-oil-refineries-irritated-zelensky/
The effect Iran's attack on Israel could have on commodities: In the wake of Iran's recent offensive against Israel, investors have been on edge ...
euronews.com/business/2024/04/15/how-irans-attack-on-israel-could-impact-commodities
Relief for consumers as electricity prices fall for third consecutive month: Epra has reduced power prices by Sh2.1 per unit.
nation.africa/kenya/business/relief-for-consumers-as-electricity-prices-fall-for-third-consecutive-month-4590734
Russian oil and products trapped on tankers hit by new Iran-related sanctions | eKathimerini.com
dlvr.it/T5QVLy
Polish Finance Minister Urges Prosecutors to Scrutinize Orlen: Poland’s state prosecutors should look “thoroughly” into state-run Orlen SA following revelations ...
bloomberg.com/news/articles/2024-04-12/polish-finance-minister-urges-prosecutors-to-scrutinize-orlen
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Attacks on Russian refineries may disrupt global oil markets - IEA: The International Energy Agency (IEA) has supported the United States' position that ...
ukrinform.net/rubric-economy/3851672-attacks-on-russian-refineries-may-disrupt-global-oil-markets-iea.html
State to audit Tullow’s Kenya oil project cash use: British firm’s Kenya budget for this year is the same as that spent in 2023.
nation.africa/kenya/business/state-to-audit-tullow-oil-spending--4587760
Meet the French oil major that balances growth and greenery: TotalEnergies has pulled off something its rivals haven’t
economist.com/business/2024/04/04/meet-the-french-oil-major-that-balances-growth-and-greenery
Daily oil production in Gabar hits 40,000 barrels - Latest News: The oil production facilities in the Gabar Mountain region of Şırnak broke the record in the ...
hurriyetdailynews.com/daily-oil-production-in-gabar-hits-40-000-barrels-192379
Austin: Ukraine's attacks on Russian oil could threaten global energy market
kyivindependent.com/us-defense-secretary-austin-ukraines-attacks-on-russian-oil-refineries-could-impact-global-energy-situation/
Helleniq planning RES investments, while eyeing hydrocarbons: Helleniq Energy is 12 to 18 months away from deciding whether to go ahead with drilling in the ...
ekathimerini.com/economy/1236211/helleniq-planning-res-investments-while-still-eyeing-hydrocarbons/
Nigeria: Activists Urge Nigeria to Refuse Shell's Oil Selloff Plans: Environmental and human rights activists are calling on the Nigerian government to withhold ...
allafrica.com/stories/202404110030.html
State mulls blocking Dar gas imports on safety concerns: Epra plans to review the law and restrict the importation of Liquified Petroleum Gas (LPG) through the ...
standardmedia.co.ke/financial-standard/article/2001492867/state-mulls-blocking-dar-gas-imports-on-safety-concerns
Russia opens ‘financing terrorism’ probe implicating Western countries: Russia on Tuesday opened a probe into “financing terrorism” that implicates Western ...
english.alarabiya.net/News/world/2024/04/09/russia-says-ukrainian-energy-firm-burisma-financed-terrorist-attacks
Russian oil flows are sidestepping sanctions and trading above the G-7 price cap all over the world
trib.al/osQvKdI
China, India top buyers of Russian seaborne fuel oil, VGO in Feb, LSEG data shows
reuters.com/business/energy/china-india-top-buyers-russian-seaborne-fuel-oil-vgo-feb-lseg-data-shows-2024-04-10/
Shell at disadvantage to US-listed rivals, says former CEO: Shell's former CEO, Ben van Beurden, said on Tuesday that European oil and gas companies will find it ...
reuters.com/markets/commodities/shell-disadvantage-us-listed-rivals-says-former-ceo-2024-04-09/
BP in talks to sell some Trinidad upstream gas assets to Perenco: BP is close to an agreement to sell some of its Trinidad and Tobago oil and gas assets to ...
reuters.com/business/energy/bp-talks-sell-some-trinidad-upstream-gas-assets-perenco-2024-04-08/
Shell ‘massively undervalued’ in London, says former chief: Ben van Beurden says valuation gap with US-listed companies is a ‘major issue’
ft.com/content/b9d3c147-b74c-470c-b9c7-9cba55efd38a
My Top Pick - Hemisphere Energy: Polymer Flood 'Beast Mode' Rains Cash Flow: Hemisphere Energy (HMENF)(HME:CA) is an EOR, polymer flooder with core assets in ...
seekingalpha.com/article/4682628-my-top-pick-hemisphere-energy-polymer-flood-beast-mode-rains-cash-flow
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Former Shell CEO Talks Up Benefits of Listing in New York: International oil companies listed in the US benefit from higher multiples, greater access to capital ...
bloomberg.com/news/articles/2024-04-09/former-shell-ceo-talks-up-benefits-of-listing-in-new-york
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Shell CEO suggests oil and gas company could quit London Stock Exchange: As Wael Sawan focuses on a two-and-a-half-year turnaround plan, he refuses to rule out a ...
thenationalnews.com/business/uk/2024/04/08/shell-ceo-suggests-oil-and-gas-company-could-quit-london-stock-exchange/
Ukrainian oil company to drill two more oil wells in western Ukraine: Ukrnafta, a Ukrainian oil company, is preparing a site for two new exploration wells in the ...
pravda.com.ua/eng/news/2024/04/8/7450313/
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