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Qatar Warns War Will Force Gulf to Stop Energy Exports ‘Within Days’

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Gas producer says it will take ‘weeks to months’ to restore deliveries after Iranian drone strike By Andrew England and Malcolm Moore ORIGINAL: financialpost.com/financial-times/qatar-war-gulf-stop-energy-exports Qatar’s energy minister has warned that war in the Middle East could “bring down the economies of the world”, predicting that all Gulf energy exporters would shut down production within days …

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Two Canada Oil Projects But Only One, Targeted “Oil Decarbonization” Requirement – Ron Wallace and Tammy Nemeth

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    Ron Wallace and Tammy Nemeth “Investors can’t ignore the commercial constraints imposed by the MoU. My concern is that the MoU does not address the key federal barriers that preclude a free-market approach to the energy industry. Key federal barriers have become conditional, reversible, or deferred.”  Bryan Gould, Executive Chairman Aspenleaf Energy. As …

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Trump Tells Reuters US Should Have a Role in Choosing Iran’s Next Leader, Encourages Kurdish Opposition

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(Reuters) – U.S. President Donald Trump told Reuters on Thursday that he wants the United States to play a role in choosing Iran’s next leader and encouraged Kurdish opposition groups to go on the offensive. Trump said in a telephone interview it was very early in the process of picking a new leader but that …

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Global Economy Faces Inflation and Growth Test Amid Escalating Conflict in Iran – Goldman

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(Reuters) – A temporary surge in oil prices to $100 per barrel could slow global growth by 0.4 percentage point, Goldman Sachs analysts said on Thursday, as a widening conflict in Iran chokes off vital Middle East oil and gas flows. Under its baseline forecast, Goldman expects oil prices to increase a bit further before …

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Iran Could Disrupt the Strait of Hormuz With Drones for Months

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By Anna Hirtenstein, Andrew Mills and Jonathan Saul Iran’s drone production capacity is around 10,000 per month Iran’s missile stockpile estimates vary widely, affecting conflict duration Sea mines could prolong disruption in the Strait of Hormuz Drone attacks have penetrated Gulf states’ air defences March 4 (Reuters) – Iranian drone attacks could disrupt the Strait …

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COMMENTARY: Charting the Widening Impact of the Iran Crisis on Energy Markets

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LITTLETON, Colorado, March 5 (Reuters) – The repercussions of the ongoing U.S.-Iran war are being felt across the world, with U.S. fuel prices, European natural gas costs and Asian tanker freight rates all jumping sharply since strikes began at the weekend. The transmission of market jitters through the shipping, fuel and power sectors illustrates how …

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COMMENTARY: Jet Fuel’s Huge Price Surge Points to Coming Pain From Iran war

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LAUNCESTON, Australia, March 5 (Reuters) – The explosion in jet fuel prices in Asia is an early indicator that the economic pain of the war in the Middle East is about to become reality for energy consumers. Jet fuel prices in Asia’s ​trading hub Singapore rocketed 72% to $225.44 a barrel on Wednesday, a record …

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Europe Faces Gas Storage Scramble as Iran Conflict Tightens Supply

CDN and International News, Conventional Energy, Energy Storage, Energy Topics & Technology, Latest, LNG, Natural Gas / By

By Nora Buli Europe’s gas storage at 5-year low Refilling will require extra 180 LNG cargoes y/y Iran conflict cuts supply, lift prices European benchmark gas at highest since early 2023 OSLO, March 5 (Reuters) – Europe’s already huge task of refilling gas storage for next winter has suddenly become far riskier and far more …

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Putin Suggests Russia Could Stop Supplying Gas to European Markets Now

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(Reuters) – Russian President Vladimir Putin suggested on Wednesday that Russia could stop supplying gas to European markets now and move to more promising markets. The European Commission will submit a legal proposal to permanently ban Russian oil imports on April 15, three days after Hungary’s parliamentary election, according to EU officials and a document …

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Qatar Shuts Gas Liquefaction, Will Take Weeks to Restart, Sources Say

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(Reuters) – Qatar will fully shut down gas liquefaction on Wednesday and won’t be able to return to normal production and export levels of super-chilled gas for at least a month, two sources familiar with the matter said. Qatar Energy, which stopped producing gas this week and declared force majeure on exports on Wednesday, did …

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