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Saturday, August 6, 2022
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Germany Braces For Hybrid War As Russia Cuts Gas To Europe

Germany Braces For Hybrid War As Russia Cuts Gas To Europe

German Foreign Minister Annalena Baerbock declared in the last week of June that her nation was engaged in a hybrid war as the energy...
U.S. Stocks May Fall In Earning Time Due To High Energy Cost

U.S. Stocks May Fall In Earning Time Due To High Energy Cost

High oil costs present yet another barrier to U.S. business earnings, and a few on Wall Street are concerned that this could further depress...
China, India may be buying more Russian Oil than US thought

China, India may be buying more Russian Oil than US thought

According to one of President Joe Biden's economic advisers, China and India may be purchasing more Russian oil than the US previously thought, lessening...
Well Above Normal Profits Not Acceptable For Refiners- Biden

Well Above Normal Profits Not Acceptable For Refiners- Biden

President Joe Biden called on U.S. oil refining businesses to increase production on June 15th, saying that customers should not be burdened by high...
Search For Russian Gas Alternatives By Europe Hits Hurdles

Next Year, Oil Output Is Expected To Fall Behind Demand

Following 3 years of COVID-19 lockdowns and the economic catastrophe of the Ukraine crisis, global oil demand will surge above pre-pandemic levels next year,...

Funding for Fuel Relief from the Central American Development Bank totals $800 million

On June 3, a Central American development bank announced that it had authorised an $800 million credit to protect local countries against global fuel...
Exxon Signs Deals With Egypt For Oil, Gas Exploration in East Mediterranean

Partial Embargo On Russian Crude By EU Will Not Worry Moscow

Shortly after the world's largest trading bloc agreed to put a partial embargo on Russian crude, Moscow committed to finding new importers. The European...
Search For Russian Gas Alternatives By Europe Hits Hurdles

Search For Russian Gas Alternatives By Europe Hits Hurdles

Europe is facing stumbling blocks in its potential alternative to Russian gas in the Middle East and North Africa, as negotiations with major suppliers...
Caterpillar Introduces New Standby Power Solutions for Global Electrical Contractor Market

Biogaz du Haut-Geer Chooses Cat Dealer Eneria to Double Cogeneration Capabilities and Expand Sustainability...

Caterpillar Inc. announced that Biogaz du Haut-Geer, a utility cooperative in eastern Belgium, has selected Cat® dealer Eneria to double its cogeneration capabilities and...
Local investor begins construction of gas-fired power plant in central Romania

BP to invest up to £18 billion in UK energy system by 2030

BP intends to invest up to £18 billion in the UK energy system by the end of 2030, demonstrating its commitment to the country. As...

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