Energy News Beat News|Houthis Iran’s Ministry of Foreign Affairs has dismissed accusations of the United States that Tehran struck a chemical tanker in the Indian Ocean, as tension rises globally over threats to maritime shipping. A spokesperson for the ministry dismissed the accusation out of hand at a news conference on Monday. He asserted that […]
Energy News Beat IER . Commentary Contact The Expert Key Takeaways Exxon has proposed buying Pioneer Natural Resources and Chevron has proposed buying Hess. If the mergers succeed, Exxon and Hess will represent about 4.2 percent of the world oil market. Some Senate Democrats have asked the Federal Trade Commission to probe the deals for […]
Energy News Beat New York-listed Capital Product Partners has completed the previously announced umbrella agreement to buy 11 LNG carriers from its sponsor Capital Maritime & Trading Corp for a total acquisition price of $3.13 billion. Last month, CPLP entered into the deal with Evangelos Marinakis-led Capital Maritime and its general partner Capital GP. Besides […]
Energy News Beat US LNG exporting giant Cheniere and compatriot Bechtel are moving forward with the construction work on the expansion phase at the Corpus Christi LNG export plant in Texas. Cheniere’s Corpus Christi liquefaction plant now consists of three operational trains with each having a capacity of about 5 mtpa. In June last year, […]
Energy News Beat New Delhi has been boosting energy purchases from Moscow despite Western pressure to shun sanctioned crude Indian officials believe that global crude oil prices would have skyrocketed if they had not ramped up imports from Russia in the wake of Western sanctions, local media reported on Monday, citing the country’s Petroleum and […]
Energy News Beat Ministers and advisers from more than 20 African countries took part in the event A week-long workshop in Moscow dedicated to improving the digital skills of civil servants in African countries concluded on Friday. In total, 44 officials from 23 African countries participated in the event. Called ‘Winter Knowledge Sharing Week’, the […]
Energy News Beat Many countries are abandoning the greenback since it is used as a political tool, Vyacheslav Volodin has said The US has lost its economic dominance, Russian State Duma Speaker Vyacheslav Volodin wrote on his Telegram channel on Sunday. Attempts to regain it by unleashing “military conflicts, sanctions and trade wars, organizing terrorist […]
Energy News Beat The move reportedly follows the latest US sanctions banning countries from buying LNG produced by the plant Foreign shareholders in Russia’s new liquefied natural gas (LNG) plant, Arctic LNG 2, have halted participation in the project amid US sanctions, Kommersant business daily reported on Monday, citing sources within the Russian government. According […]
Energy News Beat Biggest home-price drops in the data going back to 2000 triggered by the biggest QT and highest rates in ECB history. By Wolf Richter for WOLF STREET. Germany is a great example of what ultra-low interest rates and massive QE do to home prices: They whip them into frenzy. And what rate hikes and QT […]
Energy News Beat ENB Pub Note: Interesting points were raised by Andrew Korybko. The Biden administration has lost so much street cred on the world stage that everyone is expecting false flags being tried by them to get into another war. United States legislators have made such comments in public forums this week. Several were […]
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