Energy

Canada plan to hike oil exports will not compromise climate goals -government source

Canada on Thursday will outline plans to increase oil exports to help alleviate the tight global market following Russia's invasion…

4 years ago

EXCLUSIVE Dutch bank ING ends financing for new oil and gas projects

ING Groep NV (INGA.AS) will no longer finance new oil and gas projects, its energy chief said, becoming the biggest bank yet…

4 years ago

LME says it has no current plans to ban Russian metal from its system

The London Metal Exchange has no current plans to ban from its system metal from Russian producers, such as nickel…

4 years ago

Analysis: Climate goals take second place as EU states cut petrol prices

A growing number of European countries are cutting fuel taxes to lower surging pump petrol prices. The move brings respite…

4 years ago

Analysis: Europe split on how to spare consumers energy price pain

Proposals from southern European countries to intervene in energy markets have highlighted the difficulty facing an EU summit this week…

4 years ago

It is time to reduce oil consumption: the IEA has a 10-point strategy

As Russia sends a significant portion of its oil to Asia and Europe. However, it is worth noting that when…

4 years ago

War, inflation and oil cap stocks rebound as yields warn

Global stocks clung to their gains for the week on Friday but a heady cocktail of rising interest rates, high…

4 years ago

Oil surges amid warnings of supply shortages

Oil prices climbed 6% on Thursday after the International Energy Agency (IEA) said three million barrels a day (bpd) of…

4 years ago

EXCLUSIVE Petrobras and EIG near deal for Bolivia-Brazil gas pipeline -sources

State-run Brazilian oil company Petrobras is close to reaching an agreement to sell to U.S. private equity firm EIG Energy…

4 years ago

Analysis: Petrobras bulls charge ahead despite risks in Brasilia

Last year, when Brazilian President Jair Bolsonaro sacked the head of state-run oil company Petrobras amid a spat over domestic…

4 years ago