russia

Lost Russian oil revenue is bonanza for shippers, refiners

Western sanctions on Russia have significantly reduced state oil revenues and diverted tens of billions of dollars towards shipping and…

3 years ago

Shell LNG trading provides quarterly boost despite output drop

Earnings from Shell's liquefied natural gas (LNG) trading operations are likely to have been significantly higher in the fourth quarter of…

3 years ago

Exclusive: Tokyo Gas unit nears $4.6 billion deal to buy U.S. natgas producer

A unit of Tokyo Gas Co Ltd is in advanced talks to buy U.S. natural gas producer Rockcliff Energy from private…

3 years ago

Analysis: The hardest part is yet to come for gas-hoarding Europe

Europe faces a much tougher task to rebuild gas stocks next year compared with this winter, meaning energy bills are…

3 years ago

ECB to slow rate hikes and lay out plans to drain cash

The European Central Bank is set to raise interest rates for the fourth time in a row on Thursday, although…

3 years ago

Germany’s half-a-trillion dollar energy bazooka may not be enough

Germany is bleeding cash to keep the lights on. Almost half a trillion dollars, and counting, since the Ukraine war…

3 years ago

China shipyards feast on record LNG tanker orders as South Korea builders are full up

China is making fast inroads in the market for newbuild liquefied natural gas (LNG) tankers as local and foreign shipowners…

3 years ago

Exclusive: Air India nears historic order for up to 500 jets

Air India is close to placing landmark orders for as many as 500 jetliners worth tens of billions of dollars…

3 years ago

Analysis: G7 Russian oil price cap evolves from revenue squeeze to market anchor

When U.S. officials first floated the idea of capping Russian oil export prices in response to a planned European embargo…

3 years ago

G7 price cap on Russian oil kicks in, Russia will only sell at market price

The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to…

3 years ago