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Category: Energy


Energy, Industries

Oil gains on tight supply as U.S. driving season looms

May 23, 2022

Via: Investing.com

Oil prices rose slightly on Monday, supported by U.S. fuel demand, tight supply and a lack of progress towards a European ban on Russian oil, as Shanghai prepares to reopen after a two-month coronavirus lockdown that fuelled economic growth fears. […]


Energy, Industries

Finland says Russia suspending natural gas supplies

May 20, 2022

Via: ABC News

Russia will cut off natural gas to Finland after the Nordic country that applied for NATO membership this week refused President Vladimir Putin’s demand to pay in rubles, the Finnish state-owned energy company said Friday, the latest escalation over European […]


Energy, Industries

U.S. House passes bill to fight oil and gas price gouging

May 19, 2022

Via: Investing.com

The U.S. House passed a bill on Thursday that allows the U.S. president to issue an energy emergency declaration, making it unlawful for companies to excessively increase gasoline and home fuel prices. The bill must pass the Senate, which is […]


Energy, Industries

EU rushes out $300 billion roadmap to ditch Russian energy

May 18, 2022

Via: ABC News

The European Union’s executive arm moved Wednesday to jump-start plans for the 27-nation bloc to abandon Russian energy amid the Kremlin’s war in Ukraine, proposing a nearly 300 billion-euro ($315 billion) package that includes more efficient use of fuels and […]


Energy, Industries

EU’s Russia sanctions effort slows over oil dependency

May 16, 2022

Via: ABC News

The European Union’s efforts to impose a new round of sanctions against Russia over the war in Ukraine appeared to be bogged down on Monday, as a small group of countries opposed a ban on imports of Russian oil. Since […]


Energy, Industries

Russian pipeline sanctions raise fears of gas interruption

May 13, 2022

Via: ABC News

Natural gas prices rose Friday after Russian state-owned exporter Gazprom said it would no longer send supplies to Europe via a pipeline in Poland, citing new sanctions that Moscow imposed on European energy companies. The move doesn’t immediately block large […]


Energy, Industries

Oil Prices Struggle to Find Footing, but the Medium-Term Outlook Remains Bullish

May 10, 2022

Via: DailyFX

Crude oil prices (WTI) prices started the week on the back foot and suffered their biggest drop since late March, down more than 6% intraday, weighed down by demand concerns on account of the lockdowns in China and growing speculation […]


Energy, Industries

Sanctions have forced Russia to cut its oil output by 1 million barrels a day. That’s a ‘drop in the ocean,’ says the world’s largest independent oil trader.

May 9, 2022

Via: Markets Insider

Sanctions against Russia have knocked 1 million barrels of crude oil off its production each day — but that’s just a “drop in the ocean compared to the intended impact,” according to Mike Muller, the Asia head of Vitol, the […]


Energy, Industries

EU’s Russia oil ban in jeopardy as Hungary rejects sanction as ‘atomic bomb’ for economy

May 6, 2022

Via: Sky News

Prime Minister Viktor Orban – no stranger to disputes with the bloc’s executive – told state radio he was ready to negotiate on any proposal that would meet Hungary’s interests. But he declared that what was on the table would […]


Energy, Industries

Secondary Placing of Shares in i3 Energy plc

May 5, 2022

Via: Markets Insider

Bybrook Capital Master Fund LP, Bybrook Capital Hazelton Master Fund LP and Bybrook Capital Badminton Fund LP (together, the “Sellers”), have sold an aggregate of 60,000,000 ordinary shares (the “Placing Shares”) in i3 Energy plc (“i3” or the “Company”), at […]