Oil roars to sixth monthly advance on EU ban, China’s reopening
Oil headed for its longest run of monthly gains in more than a decade as European Union leaders agreed to pursue a partial ban on…
Mexico fuel subsidy is now costing more than oil export profits
Gasoline and diesel subsidies are expected to total about $2.39 billion in May, according to calculations by Bloomberg Economics
Sri Lanka urges airlines to fly full tank or fill elsewhere
Sri Lanka is recommending airlines carry enough jet fuel to last return trips or fill up elsewhere, as the island grapples with a shortage of…
To reduce traffic, this company wants cargo e-bikes to replace delivery vans
URB-E is betting that a lot of city trucks can be swapped with its less energy-intensive e-bikes that can haul 800 pounds.
Philippines sees FDI opportunities as world turns greener
The Philippines is counting on the world’s shift to green technology and the pandemic-induced demand for data centers to boost investments in its mining industry,…
Qatar exports surge as demand for gas climbs on Ukraine war
Qatar’s exports soared in April as the world’s top liquefied natural gas exporter benefits from a surge in demand after Russia’s war in Ukraine.
Iran says revenue from energy exports up 60% from last year
Iran’s foreign currency earnings from exports of oil, gas condensate, natural gas and petrochemicals rose more than 60% from March 21 to May 21, compared…
Energy chief asks Manchin for domestic uranium enrichment funds
The US Department of Energy is asking Congress for funding to create a domestic source of enriched uranium, calling the country’s reliance on Russian imports…
EU spares pipeline oil from Russian embargo plan to break logjam
The European Union proposed banning seaborne oil from Russia while delaying restrictions on imports from a key pipeline in an effort to satisfy Hungarian objections…
German exports could grow 2.5% this year, BDI lobby says
German exports could grow 2.5% this year if supply chain issues ease and there isn’t an embargo on Russian gas, RedaktionsNetzwerks Deutschland reported, citing the…
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