Russia’s Gazprom Demands Rubles For LNG
The proposal to include liquefied natural gas (LNG) in the rubles-for-gas programme was made public on Monday by a top official, days after Russia attempted to fully control the Sakhalin-2...
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Musings on Marble – THE TRAGEDY OF COMPLACENCY
THE TRAGEDY OF COMPLACENCY The tragedy of life is not found in failure but complacency. Not in doing too much, but doing too little. Not in living above your means...
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Saudi Arabia May Further Increase Oil Prices for Asia
To benefit from robust premiums for Middle Eastern oil grades and record-high distillate margins, Saudi Arabia may increase its official selling price for crude oil delivered to Asia for the...
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Oil to Hit $200 if G7 Caps Price of Russian Oil – SEB Group
If the G7 is successful in capping the price of Russian crude oil, the chief commodities analyst at Swedish bank SEB Group predicts that oil prices will surge past $200...
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Nigeria to Address Energy Security by Investing in Several Gas Projects – Sylva
H.E. Mr Timipre Sylva, Nigeria's Minister of State for Petroleum Resources, announced the identification of 20 crucial gas projects during a roundtable discussion hosted by the African Energy Chamber. These...
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Nigeria Will Meet its OPEC+ Quota by August – Timipre Sylva
Nigeria's Minister of State for Petroleum Resources, Chief Timipre Sylva, stated last week that his country would be able to achieve its OPEC output quota by the end of August...
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Germany and Italy Drum Support for Fossil Fuel Investments
Germany and Italy have expressed support for reevaluating the official G7 policy on new fossil fuel investments in third countries, deviating from their previous position. Bloomberg was the first to...
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OPEC+ Revises Downwards its Oil Surplus Projections
According to a report seen by Reuters, OPEC+ is lowering its estimates for an oil market surplus this year. The report, which was created prior to the OPEC+ JTC meeting...
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Kuwait Believes it Can Reach Its Oil Production Quota for July
Sheikh Nawaf Saud al-Sabah, chief executive of the state-owned KPC, said on Tuesday at the Bloomberg Qatar Economic Forum that Kuwait can expand production to reach its July output quota....
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Namibia Believes Recent Major Oil Discoveries Will Boost its Economy
Recent large oil discoveries in Namibia might help it treble its economy in the next two decades, according to the chairperson at the National Petroleum Corporation of Namibia (NAMCOR), who...
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