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June 28, 2022
The immediate supply shock caused by Russia’s invasion of Ukraine was felt in power, petrol and supermarket prices across Europe — and now, as the war enters its fifth month, sanctions and financing restrictions may trigger supply-side changes that could affect natural gas, crude, diesel and grains for years to come. Russia’s commodity exports fell ...
June 27, 2022
Amid fears that a recession is either already here or on the way, energy stocks and exchange traded funds are retreating.
June 25, 2022
As production grows, WTI will be increasingly available on the U.S. Gulf Coast to assuage shortages, and will inevitably account for a larger share of the global refinery slate.
June 23, 2022
Iraqi state oil marketer SOMO is considering signing crude sales contracts with new European buyers, SOMO’s director general said June 22, amid EU plans to ban seaborne oil deliveries from Russia in the wake of the latter’s invasion of Ukraine. SOMO said it has recently received a number of positive replies from European companies that ...
June 23, 2022
The West’s boycott of Russian barrels will be the oil market’s ultimate test. While it has an impressive record of adapting to unthinkable shifts in trade patterns, from self-imposed embargoes on US exports to sanctions on Iranian and Venezuelan crude, the stakes, and costs, have never been higher. The market is already doing what it ...
June 23, 2022
The West’s boycott of Russian barrels will be the oil market’s ultimate test.
June 21, 2022
ONGC seeks minimum $17 price for Bokaro coal gas
June 21, 2022
ONGC invited bids for the sale of 0.20 million standard cubic metres per day of gas it plans to produce from the Bokaro CBM block by the year-end, according to a tender document, , ongc, coal gas, Bokaro, jharkhand
June 21, 2022
The Wests boycott of Russian barrels will be the oil markets ultimate test. While it has an impressive record of adapting to unthinkable shifts in trade patterns, from self-imposed embargoes on US exports to sanctions on Iranian and ...
June 21, 2022
New Delhi, June 21: State-owned Oil and Natural Gas Corporation (ONGC) is seeking a minimum USD 17 price for the gas it plans to produce from coal seams in its Bokaro CBM block in Jharkhand. ONGC invited bids for the sale of 0.20 million standard cubic metres per day of gas it plans to produce from the Bokaro CBM block by the year-end, according to a tender document. It sought bids on a formula indexed to the prevailing Brent crude […]