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(Reuters) – Mexico’s President Claudia Sheinbaum said on Friday her country would seek diplomatic solutions and alternatives to help Cuba after the United States threatened tariffs on nations that supply the Caribbean nation with oil. “We need to know the scope because we don’t want to put our country at risk in terms of tariffs,” …
Mexico to Seek Diplomatic Solution After US Threatens Cuba Oil Tariffs Read More »
By Ahmad Ghaddar, Olesya Astakhova and Alex Lawler OPEC+ likely to keep current output policy, sources say Brent crude prices rise to highest since August Kazakhstan’s Tengiz oilfield recovering from disruptions LONDON, Jan 30 – OPEC+ is likely to keep its pause on oil output increases for March when it meets on Sunday, five delegates …
OPEC+ Set to Keep Oil Production Pause for March as Prices Jump, Sources Say Read More »
(Reuters) – Lawmakers are expected to discuss on Thursday a sweetened reform of Venezuela’s main oil after a proposal submitted by interim President Delcy Rodriguez was modified to introduce a new hydrocarbon tax, the possibility of asset privatizations and oilfield operation outsourcing, a draft seen by Reuters showed. The changes are expected to encourage oil …
Venezuela’s National Assembly to Discuss Sweetened Oil Reform on Thursday Read More »
(Reuters) – The Arctic is no longer a frozen periphery, especially not after the U.S. spat with Europe over Greenland. As sea ice melts, the High North is emerging as a strategic hub for energy, shipping and critical minerals. It is warming nearly four times faster than the rest of the planet, but what’s also …
US, Europe Fall Behind in the Race to Control the Arctic: Vladimirov and Petrova Read More »
(Reuters) – Europe’s vast natural gas storage network is set to exit winter at its lowest level in years, yet market prices indicate a complacency starkly at odds with the enormous challenge traders face in refilling inventories. Replenishing underground storage has become a central feature of Europe’s gas market – and by extension, the international …
Europe’s Gas Storage is Draining, But Prices Reflect No Urgency: Bousso Read More »
(Reuters) – Gulf governments are stepping up infrastructure deals with foreign investors, with Kuwait set to launch an oil pipeline network stake sale as soon as February in a deal that could raise up to $7 billion, three sources with knowledge of the matter said. The shift comes as oil prices, down more than 25% …
Kuwait Readies $7 Billion Pipeline Deal as Gulf Turns to Foreign Capital Read More »
By Kate Abnett BRUSSELS, Jan 28 – U.S. President Donald Trump’s push to take over Greenland has been a “wake-up call” to European governments to increase their energy security, the EU’s head of energy policy said on Wednesday. Europe has rapidly increased imports of liquefied natural gas from the U.S. as it races to cut …
Greenland Crisis a Wake-Up Call on Energy Security, EU Energy Chief Says Read More »
The European Union’s competition chief warned on Wednesday that the region was becoming increasingly dependent on liquefied natural gas (LNG) imports from the United States and should look at how it can best harness local resources. “We are significantly increasing our dependence on liquefied natural gas imported from the U.S.,” European Commission Executive Vice President …
EU’s Ribera Warns of Increasing Dependence on US LNG Read More »
Summary Shell seeks license for Loran-Manatee discovery, minister says BP seeking to develop Cocuina-Manakin field, minister adds First production from Dragon field hoped for in fourth quarter 2027 (Reuters) – Shell and BP are seeking U.S. licenses to extract natural gas from fields in Trinidad and Tobago and Venezuela, the Caribbean country’s energy minister Roodal Moonilal said …
(Reuters) – A commission of Venezuela’s National Assembly has received more than 80 proposals from politicians, lawyers and energy associations seeking changes to a reform of the country’s main oil law, sources close to the talks said, a blow for lawmakers rushing to have the reform approved next week. Interim President Delcy Rodriguez introduced the …
Venezuela’s Oil Reform Met With Flurry of Proposed Changes Read More »
