What's New
Brussels Moves Ahead with 2027 Russian Gas Exit Strategy
Tuesday 27th of May 2025
Europe’s failure to put long-term international security interests above short-term economic benefits over Georgia in 2008 and over Ukraine in 2014 was key in encouraging Russian President Vladimir Putin to launch the full-scale invasion of Ukraine o…
OPEC+ Reloads for Another Showdown With U.S. Shale
Monday 26th of May 2025
This week, media reports said OPEC+ could announce yet another bigger than initially planned production hike at its next meeting. On the face of it, the goal is getting quota laggards Iraq and Kazakhstan in line. The other goal, according to a new Reu…
Trump Tariffs and Low Oil Prices Hit U.S. Energy Deals Hard
Friday 23rd of May 2025
After two years of booming activity, the merger and acquisition space in the U.S. has slowed down significantly. Buyer are turning their attention from quantity to quality and focusing on extracting as much value from deals they made previously. Also,…
India’s Oil Imports From Russia on Track for 10-Month High
Thursday 22nd of May 2025
India is on track to import nearly 1.8 million barrels per day (bpd) of crude oil from Russia in May, which would be a 10-month high, according to vessel-tracking data by Kpler.Indian refiners have increased buying activity for lighter Russian grades,…