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CEOs of Trafigura, Vitol and Gunvor say they have learned lessons from the 2010s scandals
The message so far is that we are living in unique times
Hedge fund expects Opec+’s control will allow cartel to define where prices go in the next 12 months
Analysts say region may hit replenished capacity targets by summer
Whether the nascent industry turns into reality rests on talks taking place behind the scenes
Voluntary curbs will be maintained until June, according to Saudi Arabia’s state news agency
Delay in US aid weakens Kyiv’s ability to withstand attacks on electricity supply, says DTEK executive
A former Hollywood financier is navigating sea ice and sanctions to help keep Russia’s LNG hopes alive
Regional benchmark trades at lowest rate since Russia began curtailing supplies to Europe in 2021
Austria, Czech Republic, Hungary and Slovakia say Berlin levy could increase ‘geopolitical dependency’ on Moscow
Arctic LNG 2 plant completed with Chinese help as Beijing becomes biggest importer of the Russian gas
Switch from coal by China and other Asian countries will drive increase, says report
The latest Houthi attack — on a vessel working for Trafigura — has tightened fuel tanker and oil products markets
World’s biggest exporter says it will no longer seek to increase output to 13mn barrels a day
Energy watchdog notes ‘unusually wide range of uncertainty’ in its forecasts for this year
Also in today’s newsletter, how the US plans to break Russia’s grip on the nuclear fuels market
Company lift investment in sector to $23bn by 2030 from previous $15bn
Cash injection of $4bn will be deployed to protect kingdom’s economy when oil demand eventually starts to decline
Volvo Cars joins companies affected by delivery hold-ups as Yemeni group targets shipping route
Missile attack on commercial vessel the most significant since US-led strikes against Yemeni militants
Takeover is latest in wave of consolidation sweeping across shale energy industry
High storage levels push TTF benchmark to near five-month low
Spat between Venture Global and oil groups has disrupted market for super chilled fuel
Imports of the gas helped Europe avert full-blown energy crisis after invasion of Ukraine
Country’s LNG exports to Europe decreased slightly in 2023 compared with previous year
International Edition