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EU and Turkmenistan Eye New Energy Partnerships

A lot of Europeans will be passing through Turkmenistan this year. So says Foreign Minister Rashid Meredov. Meredov last week embarked on a five-day trip that took in Belgium and Italy. In Brussels, he met with an array of important euro-panjandrums, including European Commission vice presidents Valdis Dombrovskis and Margaritis Schinas, the European...

Thu Mar 28, 2024 20:03
Asian Imports of Russian Crude Oil to Hit a 10-Month High in March

Rising crude imports from Russia in Asia’s top importers, China and India, are estimated to push total Asian oil imports to a 10-month high in March, per data from LSEG Oil Research reported by Reuters columnist Clyde Russell. This month, higher arrivals of Russian crude to the top-importing markets in Asia are set to boost Asian crude imports to 27.48...

Thu Mar 28, 2024 20:03
Copper Atoms Key to Sustainable Methanol Production

University of Nottingham researchers have successfully transformed CO2 into methanol by shining sunlight on single atoms of copper deposited on a light-activated material, a discovery that paves the way for creating new green fuels. The international team of researchers from the University of Nottingham’s School of Chemistry, University of Birmingham,...

Thu Mar 28, 2024 19:01
Rosneft Refinery Offline Following Ukrainian Drone Attack

A refinery in southwestern Russia owned and operated by state oil giant Rosneft has been taken offline and all production stopped, due to damage following a drone attack from Ukraine last week, Reuters reported on Thursday, quoting sources in the industry.  Rosneft’s Kuibyshev oil refinery in the region of Samara on the Volga River was hit by a drone...

Thu Mar 28, 2024 19:01
Russian Warships Enter The Red Sea amid Houthi Attacks

A group of warships from Russia’s Pacific Fleet have crossed the Bab el-Mandeb Strait and have entered the Red Sea, Russian state media reported on Thursday, citing the press service of the Pacific Fleet. The area is crowded with ships from Western Navies which are looking to protect commercial ships from the attacks launched by the Iran-aligned Houthis...

Thu Mar 28, 2024 18:02
Citigroup Says 42% of Clients Have No Energy Transition Plan

More than 40% of Citigroup’s clients lack a “substantive plan” for cutting their emissions to align with net-zero ambitions or are unlikely to transition at all, the bank’s latest climate report showed. The report, published earlier this week, is based on initial results from its net zero review template, which monitors its clients’ readiness to adapt...

Thu Mar 28, 2024 18:02

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