Conventional Energy

LONDON, Oct 20 (Reuters) – The timeline for the release of 20 million barrels ​of diesel from International Energy Agency ‌members’ emergency reserves depends on individual countries and the oil market situation, the ​agency’s top official said on ​Tuesday. The IEA decided last week to accelerate ⁠the release of oil remaining ​from a record emergency …

IEA Oil Stocks Release Timing is up to Individual Members, Chief Says Read More »

  LONDON, Oct 20 (Reuters) – Russian diesel cargoes are returning to their main previous ​customers following the US-brokered lifting of Moscow’s ‌export ban, with at least two tankers signaling voyages to Turkey and Brazil in recent days according to ​shipping data from Kpler and LSEG. Usually the ​world’s second-largest exporter of diesel after the …

Russian Diesel Returns to Familiar Destinations Following Export Ban Lift, Shipping Data Shows Read More »

  KYIV, Oct 20 (Reuters) – Russia has expanded strikes from eastern ​and central Ukraine to energy facilities in previously ‌untargeted western regions, causing waves of blackouts, energy ministry officials and local authorities said on Tuesday. In October, before the start of ​the cold season, Russia resumed attacks on Ukraine’s energy ​sector, targeting power plants …

Russia Expands Attacks on Energy Facilities to Western Ukraine Read More »

Oilfield service companies including Weatherford International, Baker Hughes, Halliburton and SLB are advertising dozens of jobs in Venezuela, according to company websites, an early sign that a Washington-backed plan to rebuild the country’s energy industry is gaining traction. The hiring could help reverse a sanctions-era exodus of companies and professionals from the country and comes …

Venezuela Oilfield Hiring Picks up as First Wave of Investment Builds Read More »

(Reuters) – Russia’s oil exports through its Northern Sea Route (NSR) in 2026 have already exceeded last year’s by nearly 50%, with some 20 million barrels shipped to Asia from the start of navigation in July to mid-October, traders said and data showed. The NSR links Russia’s western ports with Asian markets through icy Arctic …

Russian Oil Exports by Arctic Route Jump Amid World Freight Crisis, Data Shows Read More »