SHERMAN OAKS, CA / ACCESSWIRE / May 24, 2022 / Petroteq Energy Inc. ( “Petroteq ” or the “C…
Energy stocks have been fantastic plays over the past year. The ongoing supply crunch c…
World Oil (Bloomberg) — The United Arab Emirates has started shipping rare cargoes of oil toward Europe, where crude buyers are snubbing imports from Russia in the wake of the nation’s invasion of Ukraine. The oil tanker Moscow Spirit — hired by TotalEnergies SA’s shipping arm — is sailing toward Rotterdam, Netherlands with a cargo of about 1 million barrels
World Oil (Bloomberg) — The state-run oil champion led by a close ally of President Vladimir Putin has seen the largest drop in production since the invasion of Ukraine. Rosneft PJSC, whose Chief Executive Officer Igor Sechin has been part of Putin’s inner circle for decades, along with its subsidiaries account for about two-thirds of Russia’s production cuts since the
Reuters he European Union and the United States are trying to convince oil and gas-producing countries to increase their production to help lower global fuel prices, German Chancellor Olaf Scholz said in an interview with Deutsche Welle. “It is necessary that we start to increase the supply with gas, with fuel, with all the things to make it feasible for the countries to pay for their
Reuters India’s April crude oil imports were the highest in 3-1/2 years as the world’s third biggest oil importer and consumer ramped up discounted Russian oil purchases to fuel a recovery in demand and fight high prices. Crude oil imports increased by about 9.7% from March and were up about 14.3% from a year earlier at 20.87 million tonnes, the
Reuters HOUSTON/WASHINGTON — The U.S. Treasury Department is getting ready to renew in the coming days Chevron Corp’s license to operate in Venezuela, but likely without the greatly expanded terms the U.S. oil major sought, four people close to the talks said. The last U.S. energy producer in Venezuela asked President Joe Biden’s government in March for a license that
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