Category: Energy

May 23, 2022

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. […]

May 20, 2022

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 […]

May 19, 2022

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 […]

May 18, 2022

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 […]

May 16, 2022

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 […]

May 13, 2022

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 […]

May 10, 2022

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 […]

May 9, 2022

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 […]

May 6, 2022

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 […]

May 5, 2022

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 […]