Latest news
Britain's Ineos signs 20-yr LNG deal with Sempra Infrastructure
Britain's INEOS Energy, part of INEOS Group, has signed an agreement with U.S. firm Sempra Infrastructure for the supply of 1.4 million tonnes per annum of liquefied natural gas (LNG) from North America for 20 years, it said on Wednesday.
read more... 23/06/2022
Spain was top destination for US LNG delivered in May amid strong demand
Spain received more US LNG than any other country in May, tripling the number of American cargoes it imported versus a year earlier, as gas-for-power demand surged, and it seized opportunities to send some volumes to neighboring France, S&P Global Commodity Insights data showed.
read more... 06/06/2022
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EU publishes sixth sanctions package, including oil import restrictions
The EU published details of its sixth sanctions package against Russia June 3, including phasing out Russian crude imports in 6 months, and other refined products in 8 months.
read more... 06/06/2022
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OPEC Considers Suspending Russia From Oil Deal
Some OPEC members are mulling over the possibility of suspending Russia from the OPEC+ deal that limits the amount of crude oil that each member can produce, the Wall Street Journal reported on Tuesday, citing OPEC delegates.
read more... 02/06/2022
Bulgaria to get exemption from EU ban on Russian oil imports until end-2024
Bulgaria will receive as requested an exemption until end-2024 from a European Union embargo on imports of Russian crude oil, which is part of the sixth package of EU sanctions against Russia in response to the ongoing war in Ukraine, Bulgarian prime minister Kiril Petkov said on Tuesday.
read more... 01/06/2022