Free Top Stories

DMEA: Oil begins flowing to Iraq’s Karbala refinery

4 October 2022

Iraq’s Oil Ministry announced on September 25 that the Karbala refinery had begun receiving feedstock in preparation for trial production.

AfrOil: Gasoline subsidies called main driver of Nigerian public debt

4 October 2022

Patience Oniha, the director-general of Nigeria’s Debt Management Office (DMO), said on September 27 that domestic gasoline subsidies were the primary cause of the ongoing rise in public debt.

OPEC+ makes 2mn bpd cut, angering the US

3 October 2022

Months of badgering by Western leaders counted for nought this week as OPEC+ announced a 2mn bpd quota reduction that serves to bolster prices and cover up issues raising production.

EU members still fail to see eye to eye on gas price cap

2 October 2022

EU member states met again on September 30 to discuss imposing a price cap on gas imports, but there is still little consensus on what form the measure would take.

Ongoing shifts in Venezuela’s relationships with Russia, Iran

29 September 2022

Russia’s entry into the ranks of countries sanctioned by the US appears to be damaging ties with Venezuela – and giving Venezuela reasons to expand its existing co-operation with Iran.

Report says Russian gas supplies to Europe via TurkStream now endangered

29 September 2022

Gazprom unit that operates pipeline said to be withdrawing all technical support.

Germany says three out of four Nord Stream pipelines damaged beyond repair

29 September 2022

The disabling of Nord Stream has spooked markets as it removes the possibility of resuming deliveries of gas in the depth of winter if an energy crisis becomes acute.

Russian oil exports still booming and the EU is still a major buyer

28 September 2022

One of the side-effects of the EU stepping up imports of US oil is that it has increased European demand for Russian diesel.

Poland worried about Baltic Pipe security after Nord Stream explosions

28 September 2022

Warsaw fears sabotage of Nord Stream on same day Baltic Pipe opened was no coincidence.

MOSCOW BLOG: Whodunnit?

28 September 2022

Social media loves a good conspiracy theory, but it has gone off the Richter scale speculating on who was behind the take-down of the four Nord Stream gas pipelines, two of which sprang leaks on Sunday night as we reported yesterday morning.

Taliban sign deal to buy Russian oil, gas and wheat

28 September 2022

Agreement marks regime’s first international economic deal. Moscow eyes economic corridor through Central Asia and Afghanistan to South Asia.

Czech-based EPH expands on the Dutch energy market

28 September 2022

Largest Czech energy company acquires 100% of gas-fired power plant Sloe in Zeeland.

Turkmenistan: Piping up

28 September 2022

Turkmenistan has traditionally fostered its closest security relationship with Russia. But it has found room to develop military ties with the US and China. Eurasianet’s weekly briefing.

NorthAmOil: Talos to expand Gulf holdings with EnVen acquisition

27 September 2022

Talos Energy announced on September 22 that it had agreed to acquire privately owned US Gulf of Mexico operator EnVen for $1.1bn.

Seismologists record explosions in area of Nord Stream leaks

27 September 2022

Explosions were registered by seismologists in Sweden over the last 36 hours, according to the country’s national broadcaster SVT, in the same areas where gas leaks were reported to have occurred at the Nord Stream 1 and 2 pipelines yesterday, stokin

Sabotage suspected as gas leaks reported at both Nord Stream 1 and 2

27 September 2022

Natural gas leaks have now been reported at both Russia’s Nord Stream 1 and Nord Stream 2 pipelines, and while the reasons are unclear, the fact that both pipelines suffered leaks on the same day has prompted speculation of sabotage.