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How serious is Russia's fuel export ban and who will be hit?

Russia said on Sept. 21 it had temporarily banned gasoline and diesel exports to all but four ex-Soviet states in response to domestic shortages, a move that will disrupt global trade that has already had to adjust to Western sanctions on Russian fuel exports.

EnergySep 27, 2023

Oil prices climb as markets focus on supply tightness

Oil prices rose by more than $1 a barrel on Wednesday as markets focused on supply tightness heading into winter and a "soft landing" for the U.S. economy.

EnergySep 27, 2023

Oil companies cautious about drilling as energy transition looms

Government policies to fight climate change are discouraging oil companies from investing heavily in new production even as they turn in record profits - a dynamic that could spell tight supply and high prices as clean energy alternatives seek to fill the void.

EnergySep 21, 2023

Oil falls as US rate hike expectations offset tight supply outlook

Oil prices fell in early Asian trade on Thursday, after posting the largest fall in a month in the previous session, as U.S. interest rate hike expectations offset the impact of drawdowns in U.S. crude stockpiles.

EnergySep 21, 2023

WGC2023 Publishes Beijing Declaration and the World's First Geothermal Industry Standard

The 7th World Geothermal Congress (WGC2023), hosted by China Petrochemical Corporation (Sinopec Group), has officially published the world's first geothermal industry standards (the "Standards") and Beijing Declaration during the closing ceremony in Beijing.

EnergySep 21, 2023
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