Category: gas
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Russia-Ukraine war: List of key events, day 998
As the war enters its 998th day, these are the main developments. Ukraine’s President Volodymyr Zelenskyy poses for a picture with Ukrainian service members during his visit to a front line in the town of Kupiansk, Kharkiv region, Ukraine on November 18 [Ukrainian Presidential Press Service/handout via Reuters] Here is the situation on Tuesday, November…
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What’s Affecting Oil Prices This Week? (Nov. 18, 2024)
The price of Brent crude ended the week at $71.05 after closing the previous week at $72.90. The price of WTI ended the week at $66.95 after closing the previous week at $70.43. The price of DME Oman crude ended the week at $70.24 after closing the previous week at $72.78. (Source: Stratas Advisors) Oil…
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Iran has ambitions in Western Sahara. Trump can contain them by bolstering ties with Morocco.
President-elect Donald Trump’s victory bodes well for US-Morocco relations. As King Mohamed VI recalled in his statement congratulating Trump on his election win, during his first term, Trump recognized Rabat’s full sovereignty over the disputed territory of Western Sahara. Trump made this recognition with a presidential proclamation on December 10, 2020, in exchange for Morocco…
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Will Geopolitics Affect Oil and Gas in 2025?
Geopolitics always affects oil and gas. That’s what Corey Ranslem, the CEO of Dryad Global, told Rigzone when asked if geopolitics will affect oil and gas next year. “The conflict within the Middle East, the Russia-Ukraine war, along with a shifting global political landscape, will continue to have a major effect on the oil and…
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Alberta Doubles Down on U.S. Oil Exports
Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Nov 18, 2024, 7:00 PM CST Canada is the biggest supplier of heavy crude oil to U.S. refiners. Alberta’s government is in talks with energy infrastructure…
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Germany says ‘sabotage’ presumed in damaged Baltic Sea telecom cables
European nations say Russia is increasingly deploying ‘hybrid activities’ against NATO and the EU, but haven’t blamed Moscow yet for the recent incidents. Germany has said it assumes that the damage caused to two telecommunication cables in the Baltic Sea was an act of sabotage as European nations condemned the alleged Russian attacks on their…
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The Houthis are what happens when the int’l community appeases – analysis
Houthi rebels escalate maritime threats, reportedly sending direct warnings to shipping companies and potentially extorting transit fees up to $180M monthly. By SETH J. FRANTZMAN NOVEMBER 18, 2024 19:21 Updated: NOVEMBER 18, 2024 19:31 Newly recruited Houthi soldiers march during the funeral of Houthi fighters killed during recent fighting against government forces, in Sanaa, Yemen,…
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COP29: Shifting tides and climate fallacies – Andrew Kenny
At COP29 in Azerbaijan, the usual climate rhetoric met a surprising twist. Attendance dropped sharply, major nations stayed away, and the host nation, led by President Ilham Aliyev, openly defended its fossil fuel economy. With growing rebellion against expensive renewables and Net Zero goals, the conference underscored a shifting global perspective. Andrew Kenny critiques COP29,…
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Several killed in reported IAF strike in Beirut – report
Jerusalem Post breaking news BREAKING NEWS By JERUSALEM POST STAFF NOVEMBER 18, 2024 20:12 Updated: NOVEMBER 18, 2024 20:58 Four people were killed, and a few others were wounded in a reported Israel Air Force strike in northern Beirut, Army Radio reported on Monday, citing Lebanese reports. The airstrike was unusual as it occurred in…
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How Trump’s Energy Plan Could Actually Benefit the Environment
ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Nov 18, 2024, 9:00 AM CST A second Trump administration’s focus on increasing US natural gas production and exports could lead to a decrease in global CO2 emissions. US natural gas exports can displace coal and…