Russia

Paisie: Oil Prices to Range Between $86-$88 in Second Half of 2024

Supply and demand dynamics overtake geopolitical instability from the Middle East to Ukraine in influencing oil prices.

May 30, 2024

OPEC+ Working on Complex Oil Cut Extension Deal for 2024-2025, Sources Say

The OPEC+ deal might include extending some or all of the current voluntary production cuts of 2.2 MMbbl/d.

May 30, 2024

Calmer Waters May Be Ahead for Oil and Gas, Despite Wild Cards

Looking forward, while supply disruptions remain a possibility, the energy market’s nervousness is easing.

May 30, 2024

US Weighs Additional Sanction Steps as Russia Shifts War Footing, White House Says

Russia-China trade has dropped since U.S. President Joe Biden had expanded Treasury's ability to target financial institutions, adding authorities may expand further.

May 28, 2024

Despite Sanctions Russia Still World’s Fourth Largest LNG Exporter

Russia ranked as the world’s fourth-largest LNG exporter in 2023, sending out cargoes of 30 mtpa. Russia’s LNG capacity could surpass 74 mtpa capacity by 2030, according to details published by Flex LNG.

May 23, 2024

EU Expected to Sue Germany Over Gas Tariff, Sources Say

The German tariff is a legacy of the European energy crisis that peaked in 2022 after Moscow slashed gas flows to Europe and an undersea explosion shut down the Nord Stream pipeline.

April 17, 2024

What's Affecting Oil Prices This Week? (April 8, 2024)

Stratas Advisors says geopolitics are providing a boost for oil prices as conflicts escalate–and while crude oil and oil products continue to flow, the possibility of disruption is increasing.

April 8, 2024

Majority of Recent CO2 Emissions Linked to 57 Producers - Report

The world's top three CO2-emitting companies in the period were state-owned oil firm Saudi Aramco, Russia's state-owned energy giant Gazprom and state-owned producer Coal India, the report said.

April 3, 2024

White House Open to Ending LNG Export Pause in Push for Ukraine Aid, Sources Say

Reversing the pause could be tolerable to the White House in order to advance Ukraine aid, in part because the pause has no bearing on near-term LNG exports, the White House sources said.

April 2, 2024

Exclusive: Chevron Balancing Low Carbon Intensity, Global Oil, Gas Needs

Colin Parfitt, president of midstream at Chevron, discusses how the company continues to grow its traditional oil and gas business while focusing on growing its new energies production, in this Hart Energy Exclusive interview.

March 28, 2024