Norway’s Stoere Vows to Keep Oil and Gas Exploration After Election Win
BackgroundNorway’s Labour Party-led government has secured a second term, but must now rely on a broader coalition of left-leaning parties, including the Greens and...
Cyprus Confirms Talks with UAE Over Planned Europe Subsea Cable
Cyprus is pursuing potential cooperation with the United Arab Emirates (UAE) for an EU-financed subsea power cable that will connect Europe to the Eastern...
Japan Hires Wood Mackenzie for Assessment of Alaska LNG Project Linked to Trump
Japan has hired Wood Mackenzie to assess a proposed $44 billion Alaska gas pipeline and LNG plant, indicating potential support for the project championed...
ExxonMobil Weighs Exit from European Chemical Plants
Background
Europe’s chemical industry has been under heavy strain since the 2022 energy crisis. U.S. tariffs and rising competition from cheaper Chinese imports have made...
OPEC+ To Discuss Further Oil Output Hike to Regain Market Share
Background
OPEC+, the coalition of the Organization of the Petroleum Exporting Countries and allies including Russia, has long used production cuts to stabilize oil markets....
Putin Pushes Siberia 2 Pipeline, Promises China Cheaper Gas
NEWS BRIEF
Russian President Vladimir Putin said the Power of Siberia 2 gas pipeline will supply China with over 100 bcm of gas annually, priced...
Russia signs up to vast new China pipeline but price unclear
BackgroundRussia and China have deepened their energy partnership since Western sanctions hit Moscow over the Ukraine war. The Power of Siberia 2 pipeline has...
Syria Exports Crude Oil for First Time in Over a Decade
TARTUS, Syria, Sept 1- Syria exported 600,000 barrels of heavy crude oil on Monday from the port of Tartus as part of a deal...
Ukrainian Drone Attacks Push Russia’s Oil Refining Shutdowns to Record Levels
MOSCOW, Aug 28 - Ukraine's drone attacks and planned maintenance have led to Russia's offline oil refining capacity reaching a record high in August,...
Pipelines and Politics: Energy Bargains Surface in U.S.-Russia Peace Push
Background
Since the invasion of Ukraine in February 2022, Russia’s energy sector has faced numerous international financial attacks and has been cut off from Western...