Shell urged to set up Ukraine fund after Russian ‘blood money’ trading July 4, 2023 Shell is facing calls to set up a repair fund for war-torn Ukraine after continuing to trade in Russian LNG following the country's invasion.
OPEC+ decisions not politicised, Saudi energy minister insists February 20, 2023 Decisions by OPEC+ are not politicised, argued Saudi Arabian energy minister Prince Abdulaziz bin Salman.
Uniper expects to pay for Russian gas in roubles despite halting flows into Poland and Bulgaria April 27, 2022 Uniper has confirmed it still expects to be able to pay for long-term gas contracts from Russia through the roubles payments process signed into law by Russian President Vladimir Putin last month.
Ukraine’s Shakhtar hope to overcome hardship in decider against Porto December 13, 2023 Teams who have previously qualified for the Champions League’s Round of 16 have received a cash injection of at least £30m.
Saudi Aramco profit plummets 38 per cent… to $30.1bn August 7, 2023 Saudi Arabian state oil giant Aramco reported a near 38% drop in second-quarter net profit on Monday amid weaker oil prices and thinner refining and chemicals margins, as it boosted its dividend with a new performance-linked payout. Aramco’s net profit fell to 112.81 billion riyals ($30.07 billion) for the quarter to June 30 from 181.64 [...]
US officials echo concerns about Russian ‘dirty money’ in London hindering sanctions January 28, 2022 US officials have raised concerns about effective sanctions on President Putin if Russia invades Ukraine because of “dirty money” tolerance in the UK.
Rocket man: Kim Jong Un amends North Korea constitution in nukes production push September 28, 2023 North Korean leader Kim Jong Un has amended his nation’s constitution to include his policy to expand the country’s military nuclear program. State media said on Thursday that Mr Kim, infamously dubbed ‘little rocket man’ by former President Donald Trump, has called for an exponential increase in the production of nuclear weapons. The Korean Central [...]
Putin’s war with Ukraine is unwinnable but as a leader, he cannot afford to lose December 8, 2022 Ten months into Russia’s invasion of Ukraine one simple fact has become abundantly clear: set against its original goal to completely conquer Ukraine, Moscow cannot win the war but neither can Putin afford to lose it. Ukraine has fought heroically to repulse the original Russian invasion and to push back Putin’s forces. But, for all [...]
China will drive oil demand to record 100m-plus barrels per day, keeping prices elevated February 15, 2023 China will drive oil consumption to record levels this year, as the world's second largest economy reopens following sustained lockdowns.
OPEC+ looking at output cuts approaching two million barrels a day November 30, 2023 OPEC+ oil producers agreed to voluntary output cuts approaching two million barrels per day (bpd) for early next year led by Saudi Arabia.