Latest news
Coronavirus widens climate rift between European and U.S. oil majors
Europe’s top oil and gas companies have diverted a larger share of their cash to green energy projects since the coronavirus outbreak in a bet the global health crisis will leave a long-term dent in fossil fuel demand, according to a Reuters review of company statements and interviews with executives.
read more... 18/05/2020
Saudi Arabia and Russia pledge commitment to oil market stability
Saudi Arabia and Russia are committed to maintaining oil market stability as world oil demand remains squeezed from the economic fallout of the coronavirus pandemic.
read more... 14/05/2020
LNG imports and new supply challenge Russia’s hold on European gas market
Russia’s dominance of Europe’s natural gas market, widely seen as threatening European energy security, is likely to be increasingly challenged as new suppliers establish a foothold in the region.
read more... 13/05/2020
LNG continues to enhance global energy security
In its sixth consecutive year of growth, the LNG trade increased by 13% to a total of 354.7 MT.
read more... 29/04/2020
Oil rout continues as Brent falls to lowest since 1999
International oil prices plunged to the lowest level in more than two decades early on Wednesday amid a continued sell-off on fears of oversupply and the economic impact from the coronavirus pandemic.
read more... 22/04/2020