Free Top Stories

NorthAmOil: TotalEnergies unveils plan to spin off oil sands operations

4 October 2022

France’s TotalEnergies has unveiled plans to spin off its oil sands operations in Canada into a new company as those assets do not align with its energy transition goals.

Hungary agrees on deferred payments with Gazprom for winter gas deliveries

4 October 2022

Agreement helps ease pressure on Hungary’s widening current account deficit and steady the sinking forint.

LatAmOil: Ecopetrol head says less Colombian oil is going to Asia

4 October 2022

Colombia’s national oil company Ecopetrol is sending a smaller share of its oil exports to Asia this year, as competition for Asian market share has ramped up in recent months.

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.