PreciousMetal
#oilprice.com. × #Feb.13.2025 Turkey’s Top Refiner to Buy Only Price Cap-Compliant Russian Oil | OilPrice.com. Turkey's largest refiner, Tupras, will halt purchases of any Russian oil that does not comply with the G7 price cap, aligning with international efforts to sanction Russian energy exports.
#Business #Russia #Europe
#oilprice.com. × #Feb.13.2025 India’s Adani Pulls Out of $1-Billion Sri Lanka Wind Power Deal | OilPrice.com. Adani Green Energy has withdrawn from a $1 billion wind power project in Sri Lanka due to disagreements with the government over the purchase price of electricity.
#Business #Asia #Sri Lanka
#oilprice.com. × #Feb.13.2025 U.S. Refiner PBF Energy Deepens Losses for Third Straight Quarter | OilPrice.com. PBF Energy reported a loss for the fourth quarter of 2024, marking the third consecutive quarter of losses for the refiner amid weak refining margins.
#Business #USA #North America
#oilprice.com. × #Feb.13.2025 Oil Prices Drop as Hamas Recommits to the Ceasefire Deal | OilPrice.com. Hamas has recommitted to the ceasefire with Israel and confirmed the planned release of hostages, easing concerns that the truce was in jeopardy.
#Business #Asia #Israel
#oilprice.com. × #Feb.13.2025 Elliott Wants Big Asset Sales at BP After Building $4.75-Billion Stake | OilPrice.com. Activist investor Elliott Management has built a nearly 5% stake in BP and is pushing for major asset sales and strategic changes at the oil and gas giant.
#Business
#oilprice.com. × #Feb.13.2025 China’s Coal Power Construction Is at a Decade-High Despite Renewables Boom | OilPrice.com. China approved a record 66.7 GW of new coal-fired power capacity in 2024, despite significant growth in renewable energy installations, highlighting the ongoing challenge of transitioning away from coa
#Business #China #Asia #Americas
#oilprice.com. × #Feb.13.2025 UAE’s ADNOC Signs Up to $9-Billion LNG Supply Deal With Indian Oil | OilPrice.com. ADNOC Gas has signed a 14-year agreement to supply up to 1.2 million tonnes per annum of LNG to Indian Oil, valued at between $7 billion and $9 billion.
#Business #Asia #India
#oilprice.com. × #Feb.13.2025 EPA Chief Launches Offensive to Reclaim Billions in Climate Finance | OilPrice.com. The U.S. Environmental Protection Agency has launched an investigation into the distribution of $20 billion in climate funding approved by the previous administration, alleging potential irregularities
#Business #Weather #director #USA #North America
#oilprice.com. × #Feb.13.2025 Oil Prices Down on Potential Ukraine Peace Deal | OilPrice.com. Oil prices declined on Thursday amid growing optimism about a potential peace deal for Ukraine, which could lead to increased Russian oil supply and lower prices.
#Business #Russia #Ukraine #Europe
#oilprice.com. × #Feb.13.2025 Chevron Set to Lay Off 20% of Global Workforce | OilPrice.com. Chevron plans to cut up to 20% of its global workforce as part of a cost-cutting drive following its acquisition of Hess Corp.
#Business
#oilprice.com. × #Feb.13.2025 Oil Prices Sink Deeper After Trump Calls Both Putin and Zelensky | OilPrice.com. Oil prices fell as Trump initiated peace talks between Russia and Ukraine, combined with rising U.S. crude stockpiles and Fed policies.
#Business #Russia #Ukraine #Europe
#oilprice.com. × #Feb.12.2025 Exxon Seeks Permit For 8th Project In Guyana As Output Climbs | OilPrice.com. U.S. oil and gas major Exxon Mobil Corp. is seeking environmental permits for its eighth project in Guyana
#Business #South America #Guyana
#oilprice.com. × #Feb.12.2025 Oil Prices Fall On Rising Crude Inventories, Hawkish Fed | OilPrice.com. Oil prices fell in Wednesday's morning session, ending three days of gains thanks to rising U.S. crude stockpiles and hawkish remarks from Fed Chair Jerome Powell.
#Business
#oilprice.com. × #Feb.12.2025 India’s Top Oil Producer ONGC Plans $11 Billion Spending on Green Energy | OilPrice.com. India's largest oil and gas producer, ONGC, plans to invest $11.5 billion in renewable energy by 2030, aiming to build a 10 GW renewable energy portfolio.
#Business
#oilprice.com. × #Feb.12.2025 India Reshuffles Trade Supply Chain to Buy Unsanctioned Russian Oil | OilPrice.com. Indian refiners are reconfiguring their supply chains, including changing trading partners and insurers, to continue importing Russian crude oil while navigating US sanctions.
#Business #Russia #Europe #Asia #India
#oilprice.com. × #Feb.12.2025 Russia Claims to Be Fully Compliant with OPEC+ Output Quota | OilPrice.com. Russia has claimed 100% compliance with its oil production quota under the OPEC+ agreement in January and February.
#Business #Russia #Europe
#oilprice.com. × #Feb.12.2025 TotalEnergies and Aker BP Seek Higher Stakes in Johan Sverdrup Oilfield | OilPrice.com. Aker BP and TotalEnergies, partners in the Johan Sverdrup oilfield, have requested a review of their ownership stakes in the field following record production levels.
#Business
#oilprice.com. × #Feb.12.2025 Top Russian LNG Producer Novatek Books Higher 2024 Profit | OilPrice.com. Novatek, the Russian LNG giant, reported increased profits in 2024 despite facing significant challenges from Western sanctions targeting its flagship Arctic LNG 2 project.
#Business #Russia #Europe
#oilprice.com. × #Feb.12.2025 EU Considers Temporary Cap on Natural Gas Prices | OilPrice.com. The European Union is considering a new cap on natural gas prices as part of its clean industrial deal, but the proposal faces strong opposition from the energy industry.
#Business #European Union #Europe #Americas
#oilprice.com. × #Feb.12.2025 OPEC Won’t Budge on Production Cuts | OilPrice.com. OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market fundamentals and not political considerations.
#Business #USA #North America
#oilprice.com. × #Feb.12.2025 German LNG Operator Cancels Regasification Terminal | OilPrice.com. A German LNG import terminal has been forced to shut down due to financial losses, citing competition from a state-owned company that benefits from government subsidies.
#Business #Germany #Europe
#oilprice.com. × #Feb.12.2025 Activists Take Shell Emissions Case to Supreme Court | OilPrice.com. Environmental activists are taking their legal challenge against Shell to the Dutch Supreme Court, seeking to enforce a previous ruling that ordered the oil giant to significantly reduce its carbon emi
#Business #Kingdom of the Netherlands #Europe #Netherlands
#oilprice.com. × #Feb.11.2025 Huge Jump in Crude inventories Caps Oil Prices | OilPrice.com. The American Petroleum Institute (API) estimated that crude oil inventories in the United rose by a massive 9.043 million barrels for the week ending January 31
#Business #USA #North America #Americas
#oilprice.com. × #Feb.11.2025 Saudi Arabia’s Texas Refinery Just Made a Power Move | OilPrice.com. While some U.S. refiners are scaling back, Saudi Arabia’s Motiva Enterprises just made a power move
#Business
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