Putin loses trillions amid undervaluation of oil and petroleum – London Business News
Vladimir Putin has lost trillions of dollars amid the undervaluation of their oil and petroleum products, Ukraine’s Foreign…
Peru Eyes Splitting $6 Billion Refinery From State Oil Firm
(Bloomberg) — Peru’s government is exploring splitting the assets of its ailing state-owned oil company, including a new…
US Sanctions Chinese Companies, Tankers With Venezuela Links
(Bloomberg) — The Trump administration stepped up a pressure campaign against Venezuela’s oil exports by sanctioning companies based…
Southcentral Alaska utilities say cold snap hasn’t strained winter gas supply, despite longer-term challenges
Pipes lead to a filtration system at the Cook Inlet Natural Gas Storage Alaska facility on July 1,…
Russia and Ukraine Trade Strikes on Black Sea Ports
(Bloomberg) — Russia and Ukraine struck each other’s Black Sea ports overnight, damaging infrastructure including an oil refinery.…
US Says It Intercepted Second Tanker in Venezuela Blockade
(Bloomberg) — The US Coast Guard stopped and boarded an oil tanker in the Caribbean early Saturday that…
Louisiana’s LNG export boom will fuel higher electricity costs, report finds | Louisiana
An LNG export terminal on the coast of Louisiana’s Cameron Parish. (Elise Plunk/Louisiana Illuminator) Prices have steadily risen…
TotalEnergies CEO Says Growing Demand Will Underpin Oil
(Bloomberg) — TotalEnergies SE Chief Executive Officer Patrick Pouyanne said rising demand for oil will help to underpin…
Tokyo Gas to Invest in US Downstream Assets to Drive Growth
(Bloomberg) — Tokyo Gas Co., Japan’s biggest distributor of the fuel, plans to invest in US downstream assets…
Turkey Eyes US Gas Field Investments After Wave of LNG Deals
(Bloomberg) — Turkey is exploring investments in US oil and gas fields as it accelerates a sweeping overhaul…
Traders react to ‘increasing geopolitical tensions in Eastern Europe’ – London Business News
Oil traded higher today, although it remained close to its lows for the year. The market could continue…
India’s Torrent Gas Hires Citi, Two Others for $450 Million
(Bloomberg) — India’s Torrent Gas Ltd. has hired three banks for its planned initial public offering that may…