Related News
Media report that the Russian court has increased the penalty for Naftogaz Ukraine to $1.3 billion.

Russian news agencies reported that a Russian court increased the financial penalty imposed on Ukraine's Naftogaz state energy…
Indonesia awarded five oil and gas blocks as it seeks energy security

Indonesia has awarded five oil blocks and gas blocks to various companies, the energy ministry announced on Wednesday. The…
India auctions three coal bed methane block

Pallavi Govil, the Directorate General of Hydrocarbons' upstream regulator, announced Tuesday that India had launched an…
China will import more Russian LNG by 2025, says ambassador

China will increase its LNG imports from Russia this year, according to its ambassador in Russia. "I can tell you that there…
Shell and Bulgaria sign a contract for Black Sea oil and gas exploration

Shell signed with the Bulgarian government a contract on Tuesday that gives the oil giant the rights to explore a Black Sea…
Prices for Europe GAS slightly lower due to healthy Norwegian and LNG supplies

The prices of Dutch and British natural gas were lower Tuesday morning due to warm temperatures, a strong supply coming from Norway and LNG.
As wind power declines, prompt prices are rising sharply

The strong anticipated loss in wind power supply has boosted European spot electricity prices on Tuesday. This overrides…
Yonhap reports that South Korea is seeing Trump start tariff talks with Seoul and Japan, as well as India.
Han Duck-soo, South Korea's acting president, said that Donald Trump, the U.S. president, appeared to have ordered on Monday…
Palm trades lower than Chicago soyoil amid concerns about economic headwind
Malaysian palm futures continued to fall on Monday as they tracked the weakness of rival soyoil on the Chicago market. Meanwhile, escalating U.S.
YPF's earnings could be affected by lower crude oil prices
A Friday presentation to investors revealed that the state-owned oil company in Argentina could have its core earnings fall…
Ecopetrol president warns that lower oil prices could reduce profits for the full year by $2.8 billion
Ecopetrol, Colombia's state-owned oil company, warned that lower oil prices could cause its profits to drop by as much as…
Indian gas firm GAIL seeks 26% stake in US LNG
GAIL India Ltd. issued a tender Friday for a maximum 26% stake in an American liquefied gas project, along with a 15 year gas import agreement.