Russian gas exports to Europe via the Yamal pipeline drop sharply

LONDON: Oil prices fell on Friday, heading for a slight decline during the week, amid fears that the slowdown in the spread of the omicron COVID-19 variant could affect demand. Brent crude futures fell 1.5% to $ 73.88 a barrel at 1:10 p.m. Riyadh time, while U.S. West Texas Intermediate …

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Crude oil prices fluctuate, but fuel prices remain unchanged

New Delhi, first published December 18, 2021 at 9:32 a.m. IST Gasoline and diesel prices last changed on Diwali. Since then, oil marketing companies have refrained from revising fuel prices. This despite the fact that crude oil prices have continued to fluctuate in the international market. At 8:30 a.m. on …

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Tunisian artist wins Saudi Arabia’s Ithra Art Prize highlighting pan-Arab accent at this year’s award

RIYAD: The region’s largest music festival opened its doors to festival-goers on Thursday, as SOUNDSTORM’s prelude – the XP Music Conference – ended the first act of “Riyadh’s loudest week”. Music fans from around the world flocked to the second edition of MDLBEAST SOUNDSTORM in the Saudi capital for four …

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US demands higher safety standards for more pipelines | Michigan News

By JOHN FLESHER, AP Environmental Writer TRAVERSE CITY, Mich. (AP) – New federal regulations require stricter safety standards for pipelines transporting oil and other dangerous liquids through the Great Lakes region, coastal waters and beaches, said Thursday responsible. The rule issued by the United States Pipeline and Hazardous Materials Safety …

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Ofgem reveals list of suppliers with false renewable fuel blending claims

Ofgem today published a list of 20 energy suppliers who have “overestimated” the share of renewable electricity in their energy mix declarations (FMDs) for the period 2019-2020. The energy regulator found that energy companies reported providing a total of 2,151,820 MWh of electricity in addition from renewable sources than was …

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Was OPEC right on the oil markets?

Just a week ago, oil markets were looking to cross this year’s finish line on a winning note as oil prices recorded a respectable rally thanks to the easing of widespread foreclosure fears. Several reports have shown that, despite faster spread, the Omicron variant causes milder symptoms than Delta and …

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Saudi Arabia resets foreign policy, economy and society – lessons for Pakistan

As America’s influence weakened in Afghanistan and Iraq following its withdrawal, the Kingdom of Saudi Arabia (KSA) is well positioned to play a notable role in the greater Middle East. The unprecedented meeting of OIC Foreign Ministers on December 19 in Islamabad is being held at Riyadh’s request on one …

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New York’s gas ban puts the fight against climate change in the kitchen

Con Ed, along with supporters like the Urban Green Council, a nonprofit group that promotes sustainable construction, argued during council hearings that the city’s network could handle the increase, in part because its biggest constraints come in summer, from air conditioning. The switch to electric heating actually has the potential …

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Kuwait Oil Price Rises $ 1.40 to $ 76.26 per Barrel

KUWAIT: The price of Kuwaiti oil rose 1.40 dollars to 76.26 dollars per barrel on Monday, from 74.86 dollars per barrel last Friday, the Kuwait Petroleum Corporation (KPC) announced yesterday. The world price of Brent crude fell 76 cents to $ 74.39 per barrel, while West Texas Intermediate followed suit, …

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Moldovan President EXCLUSIVE to Russia: joining the EU is our choice

Moldova urges Russia to follow pro-Western path President to challenge Russian gas debt demands President wants Western help to catch criminals BRUSSELS, December 14 (Reuters) – Moldova aspires to join the European Union and the former Soviet republic has told Russia it is its choice, Moldovan President Maia Sandu said …

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Omicron Covid variant to reduce global oil demand, IEA says

A tanker truck drives past oil well pump jacks operated by Chevron Corp. in San Ardo, California, United States, on Tuesday, April 27, 2021. David Paul Morris | Bloomberg | Getty Images Oil demand is expected to fall below expectations next year, the International Energy Agency said on Tuesday, as …

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As New York City plans to ban gas connections to buildings, fight against North Brooklyn pipeline continues: Bushwick Daily

This week, the New York City Council is expected to pass a bill banning gas hook-ups in new buildings, a big step towards electrifying New York City. Twenty-nine of 51 city council members sponsored the bill, which would effectively eliminate all gas stoves, gas ovens, and gas water heaters in …

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Live updates from the Champions League draw: who will play Chelsea, PSG, Liverpool, the rest; Europa, next conference

The draw for the round of 16 of the UEFA Champions League will take place in Nyon, Switzerland, on Monday, December 13, and the ceremony will begin at 6:00 a.m.ET. You can watch the draw live on Paramount + and CBS HQ. There are 16 teams in the draw after …

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Investors see peak demand happening much further into the future

The recovery in economies this year has led to a robust rebound in demand for oil, refuting some projections since the start of the pandemic in 2020 that the world has already experienced a peak in demand for oil. Despite fears over new variants, such as Delta and lately Omicron, …

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Saudi Central Bank publishes IT governance framework for financial institutions

While the Saudi fiscal year 2022 fiscal statement is expected to be released shortly, two Saudi economists told Arab News about their forecasts for the Kingdom’s fiscal performance. A key difference is whether the Kingdom should run a surplus or a deficit. “In my opinion, we could see a budget …

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SNGPL refrained from charging high gas tariffs to the textile industry

LAHORE: The Lahore High Court granted provisional measures to 78 textile units against the high gas tariff introduced by the government and ordered Sui Northern Gas Pipelines Limited (SNGPL) to issue revised invoices at a preferential tariff of 6 , $ 5 / mmbtu. The petitioners had challenged the increase …

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National Perspective: When pipelines become political, everyone suffers

There are many examples of pipeline routes selected for geopolitical purposes. The Baku-Tbilisi-Ceyhan pipeline from the Caspian Sea to an export terminal on Turkey’s Mediterranean coast was not the obvious business choice to bring Azerbaijani crude to the market, but it was chosen because it met the objectives of avoiding …

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Oil prices post their biggest weekly increase since August

The general view shows the Cadereyta refinery of the Mexican state oil company Pemex, in Cadereyta, on the outskirts of Monterrey, Mexico, on April 20, 2020. REUTERS / Daniel Becerril / File Photo Register now for FREE and unlimited access to reuters.com Register Brent and WTI post biggest gains in …

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Saudi Arabia, Kuwait Work To Increase Khafji And Wafra Oil Production

Oil heads for biggest weekly gain in four months as OPEC + exit decision is warranted LONDON: Oil prices rose on Friday and were heading for their strongest weekly advance since late August, as investors became less concerned about the potential effect of the omicron COVID-19 variant on economic growth …

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Public Joint Stock Gazprom: The membrane unit for extracting helium from natural gas wins the first science and technology prize

The award ceremony for the 2021 edition of the Gazprom Science and Technology Prize took place during the meeting of the Board of Directors of the Company. The total economic benefit of award-winning solutions and technologies exceeds 102 billion rubles. “The high level of technological development of the company and …

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Instagram tries to change image with modified algorithms

This article is an on-site version of our #techFT newsletter. Sign up here to receive the full newsletter straight to your inbox every day of the week Instagram chief Adam Mosseri’s revelation to Congress that the app planned to offer a chronological stream of photos and videos again made as …

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Oil weighs on Saudi stocks, Dubai wins for seventh day

An investor browses the Dubai financial market after Joe Biden won the US presidency, in Dubai, United Arab Emirates, November 8, 2020. REUTERS / Christopher Pike Register now for FREE and unlimited access to reuters.com Register now December 9 (Reuters) – The Saudi stock market ended lower on Thursday, following …

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Energy transfer increases natural gas and petroleum capacity with licensing acquisition completed

Dallas-based Energy Transfer LP owns and operates an additional 14,000 miles of gas and oil pipelines in Arkansas, Louisiana, Oklahoma and Texas after completing its merger earlier this month with Enable Midstream Partners LP. The $ 7.2 billion merger, first announced in February, strengthens intermediate transportation and gas systems in …

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Zenit vs Chelsea LIVE: kick-off time, confirmed squad news, goal and score updates

Hello and welcome for the live coverage of Chelsea’s final Champions League group stage game, which sees them face off against Russian champions Zenit. The Blues have already secured their place in the knockout phase and know that a victory tonight will guarantee first place in Group H, regardless of …

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Oil prices drop as investors wait for Omicron’s impact assessment

Crude oil storage tanks are seen from above at the Cushing Oil Hub in Cushing, Oklahoma on March 24, 2016. REUTERS / Nick Oxford / File Photo Register now for FREE and unlimited access to reuters.com Register Biden warns Putin of sanctions, Nord Stream 2 disruption if Russia invades API …

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Is shale gas a game-changer for Saudi Arabia?

The first major contracts for Saudi Arabia’s Jafurah field – allegedly the largest shale gas field outside the United States – were awarded last week, as the Kingdom aims to become the third largest gas producer natural to the world by 2030, to the point where it could even become …

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Mobily appoints former Saudi transport minister Al-Amudi as new president

Saudi and Omani companies unveil $ 10 billion worth of deals as Crown Prince Mohammed bin Salman begins visit RIYAD: On the eve of Saudi Crown Prince Mohammed bin Salman’s arrival in Muscat, Saudi Arabia and Oman signed 13 memoranda of understanding, valued at over $ 10 billion and covering …

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World’s Biggest Banks Back Fossil Fuels As Climate Pressure Rises

Through Nicholas Comfort and Steven Arons to 12/06/2021 (Bloomberg) –With barely dry ink on a historic commitment by the financial sector to tackle climate change, the world’s biggest banks are making it clear that they plan to back their customers with fossil fuels. Take JPMorgan Chase & Co., the leading …

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End of a 6-day price drop streak

SAN DIEGO (CNS) – A six-day streak of the average price per gallon of self-service regular gasoline in San Diego County, totaling 2.9 cents, ended on Monday when it rose by two tenths of a cent to $ 4.643. The streak began a day after the end of a 19-day …

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ARAMCO and GAUSSIN sign a partnership to join forces in the hydrogen vehicle sector

Gaussin aims to establish a modern manufacturing plant for hydrogen vehicles “Made in Saudi Arabia” Aramco sponsors the first hydrogen-powered truck to participate in the Dakar rally, during the January 2022 Dakar rally in Saudi Arabia DHAHRAN, Saudi Arabia & HERICOURT, France, December 06, 2021– (COMMERCIAL THREAD) – ARAMCO, one …

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Kai Havertz, Marcos Alonso, N’Golo Kante: injury news at Chelsea ahead of Zenit St. Petersburg

Chelsea suffered a scorching scorching Saturday afternoon at London Stadium against West Ham United in the Premier League after a 3-2 loss. Goals from Jarrod Bowen, Manuel Lanzini and Arthur Masuaku wiped out goals from Thiago Silva and Mason Mount in the first half as the west London club ceded …

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Most localities with low to zero gas pressure

Rawalpindi: The government’s plan to provide natural gas to domestic users at least to prepare three meals failed because the natural gas supply to domestic consumers has disappeared from more than 80% of the city’s localities and cantonment areas . Long queues of people could be seen in all the …

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Natural gas bulls hit hard by warm weather reports

U.S. natural gas futures were down for the fourth session on Thursday, quickly falling into a bear market as bullish bets evaporate in warmer weather. Sentiment in the US natgas markets looks a lot like 2018/19 when the so-called “widower” spread widened and then quickly tightened, leading to the explosion …

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Pakistan receives $ 3 billion deposit from Saudi Arabia

KARACHI: The State Bank of Pakistan received a $ 3 billion deposit from Saudi Arabia on Saturday to support foreign exchange reserves. “Good news, a $ 3 billion Saudi deposit received by SBP,” Prime Minister’s Finance Advisor Shaukat Tarin said in a tweet on Saturday. “I would like to thank …

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Russian gas is not a silver bullet for the European spot market

MOSCOW: The longer natural gas prices remain at record highs in Europe this year, the more markets feel that Russian gas should not be seen as a quick fix to the problem, at least not until the end of this winter.“Overall gas production in Russia in the three quarters of …

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Omicron Doom and Gloom may not be justified

They say once bitten, twice shy. Last year, global oil traders were in shock after oil prices fell into negative territory for the first time in history, a scenario few people could have imagined, let alone predicted. And their knee-jerk reaction to any emergence of new Covid-19 variants now appears …

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OPEC was in decline. Soon he might be more powerful than ever

But with the demand for crude rising as the impact of the pandemic wears off, that no longer appears to be the case. OPEC +, which brings together the Organization of the Petroleum Exporting Countries and allies like Russia, is once again showing dynamism. the group refusal of membership calls …

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Utah joins 14 other states in banking boycott of coal, oil and gas

An undated image of oil drilling in the United States The Utah treasurer and auditor signed a letter in November asking US banks to avoid “boycotts” of financing for coal, oil and gas projects. (Thaiview, Shutterstock) Estimated reading time: 5-6 minutes SALT LAKE CITY – The Utah treasurer has said …

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Gas production and supply: results over 11 months

1 December 2021, 13:40 According to preliminary data, Gazprom produced 467.6 billion cubic meters of gas in January-November 2021, 14.7% (or 60 billion cubic meters) more than the same period last year. Gazprom increased its domestic supplies from the gas transmission network by 15.8% (or 30.4 billion cubic meters) during …

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Oil prices could climb to $ 150 in a fully reopened world: Jefferies

Oil prices could rise “much more” from current levels given the world’s heavy reliance on fossil fuels and could reach $ 150, said Christopher Wood of Jefferies. “In a world that is really reopening – which is a big ‘if’ – the price of oil can rise dramatically,” Wood, global …

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Saudi justice ministry praises female employees

Online platform for research chairs hailed as key development for Saudi universities MAKKAH: The recent launch of an online platform for research chairs in universities in Saudi Arabia is an innovative step, experts said, which aims to improve the management of research and innovation in Saudi universities and encourage the …

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Polymer Modified Bitumen Market Size Expected to Grow by USD 2.73 Billion | Global increase in road construction activity to drive growth

NEW YORK, November 29, 2021 / PRNewswire / – Polymer Modified Bitumen Market Size Expected To Grow By $ 2.73 billion from 2021 to 2026, according to Technavio. This report offers up-to-date analysis regarding the current global market scenario and the overall market environment. Attractive Opportunities in Polymer Modified Bitumen …

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Saudi Arabian GP is just starting to make the kingdom a motorsport powerhouse

Saudi Arabia is preparing to host its first Grand Prix this weekend to mark the start of an ambitious 20-year plan to create the kingdom’s own squad, future world champion and automaker. The penultimate race of the F1 season, on December 5, will transform Jeddah, a city on the Red …

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Museveni: the pipelines will be imported under the accelerated EACOP project

DAR-ES-SALAAM, TANZANIA: President Museveni and his host, Tanzanian President Samia Suluhu Hassan, have agreed on various key strategic projects that officials say will strengthen cooperation in trade and development, including the East African Pipeline Project (EACOP). The pipeline project will not only see oil flow downstream from the Albertine region …

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Oil-producing countries sell billions of green bonds

It wasn’t that long ago that green investing was associated with a warm moral glow, but it wasn’t the mainstream – not by far. However, growing climate awareness, growing policy change, and investors demanding environmentally and socially conscious options are transforming this, and while this is still not mainstream, it …

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S&P Revises Bahrain’s Outlook to Stable on Tax Reforms and Rising Oil Prices

S&P Global Ratings revised Bahrain’s outlook from stable to negative as the Gulf country undertakes tax reforms to strengthen its economy. Rising oil prices along with support from other GCC members are also expected to help the country improve its fiscal position. The rating agency confirmed Bahrain’s long and short-term …

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CER publishes regulatory decision on main contracts

CALGARY, AB, November 26, 2021 / CNW / – Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today received a decision from the Canadian Energy Regulatory Authority (CER) regarding the commercial proposal of the Company to offer transportation contracts on its main pipeline system, which moves approximately 3 …

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COVID-19: Hungary begins talks on authorization of Sputnik Light

A nurse prepares a dose of the vaccine against the coronavirus disease Sputnik Light (COVID-19) during a vaccination in Managua, Nicaragua. 25 October 2021. REUTERS / REUTERS / Maynor Valenzuela Register now for FREE and unlimited access to reuters.com Register now BUDAPEST, Nov. 26 (Reuters) – The Hungarian National Institute …

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IMF describes Ukraine’s losses from Operation Nord Stream 2

Once Nord Stream 2 is operational, Ukrainian transit revenues could drop to $ 1.2 billion per year. “Over the past five years, Ukraine has received on average just over US $ 2.5 billion per year in exchange for making its pipelines available to Gazprom. In 2021, transit costs are expected …

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Stocks and oil prices tumble as new variant of Covid scares markets

Shares and oil prices fell as concerns from global investors mounted over a new variant of Covid-19 that prompted the UK to impose severe travel restrictions on countries in southern Africa. The sharp drop in equities was led by Hong Kong, where two variant cases were confirmed on Thursday evening. …

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Saudi Arabia applies spending cap despite oil revenues – Eurasia Review

By Shatha Almasoudijana and Sallouum Ruba Alrashed Saudi Arabia, which last month reported a surplus from its first quarterly budget surplus since the first quarter of 2019, is enforcing spending restrictions even as oil prices trade near their multi-year high. Saudi Arabia’s finance ministry has started enforcing the spending cap …

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Munga-Thirri-Simpson Desert Declared Australia’s Largest National Park After 10-Year Campaign | South australia

The Munga-Thirri-Simpson Desert has been declared Australia’s newest and largest national park after a decade-long campaign to protect the region from exploration by fossil fuel companies. The desert stretches as far as Queensland and the Northern Territory, but the area covered by the new national park lies in the Lake …

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Russia grants Moldova 2-day extension to make gas payments

Posted on Wednesday, November 24, 2021 | 9:08 a.m. Updated 7 hours and 8 minutes ago BUCHAREST, Romania (AP) – Russian gas giant Gazprom has granted Moldova a two-day extension to settle overdue payments of nearly $ 74 million, withdrawing on Wednesday from a threat to cut gas exports to …

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Crude Oil Price Forecast – Crude Oil Markets Break

WTI crude oil The West Texas mid-market crude oil market swung back and forth during Wednesday’s trading session as we lag around the 50-day EMA. The $ 80 level is just above it and offers resistance so I think at this point it makes sense for this market to take …

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Saudi non-oil exports increase 28.4% in third quarter 2021

The vast Red Sea project encompasses urban development, mass tourism and the “greening” of an entire region – in addition to the cultural dimension: a major potential for around 7 million diving tourists to Saudi Arabia. No less than 1,600 archaeological sites have been identified in the region, 20 of …

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Western Canada to increase oil and gas drilling to pre-pandemic levels – CAOEC

A pipe depot serving the government-owned Trans Mountain pipeline operator is seen in Kamloops, British Columbia, Canada on June 7, 2021. REUTERS / Jennifer Gauthier / File Photo Register now for FREE and unlimited access to reuters.com Register now Nov. 23 (Reuters) – Western Canadian oil and gas producers will …

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US wants more oil, but OPEC + can’t turn on the tap much harder

LONDON: US pressure on OPEC + to pump more oil and cool scorching crude prices has highlighted a relatively new problem for the producer group: it doesn’t have much extra capacity to ramp up production faster , even if he wanted to. The Organization of the Petroleum Exporting Countries and …

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Prepare for volatility in natural gas markets

U.S. natural gas price volatility is expected to continue over the next several weeks and into the winter as a number of up and down factors will alternate to affect market sentiment and prices. Record US exports of liquefied natural gas (LNG) are expected to support the benchmark price of …

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No “competition” between Saudi Arabia and United Arab Emirates: senior Mubadala official

RIYAD: “Buy now, pay later” is gaining popularity in Saudi Arabia as the country’s young population embraces new personal finance ideas, according to a senior executive at the Dubai-based tabby shopping platform. Speaking to Arab News, the company’s managing director for the Kingdom, Abdulaziz Saja, said a traditional mistrust of …

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Our fight against climate change begins with the export of American natural gas to replace coal

GLASGOW, SCOTLAND – NOVEMBER 02: US President Joe Biden speaks during action on forests and land … [+] Use the event on day three of COP26 on November 2, 2021 in Glasgow, Scotland. 2021 will see the 26th United Nations Climate Change Conference. The conference will run from October 31 …

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UEFA Champions League: what to watch out for on Matchday 5 | UEFA Champions League

Four teams have already qualified, but there is still a lot to play on Matchday 5 of the UEFA Champions League group stage. Brought to you by Hotels.com, we select potential leaders as the 16 edge round draws closer. Play Champions League Fantasy Football Moments of the 5th classic day …

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LNG Tanker Rates Hit All-Time Highs Due to Growing Demand

Asia is sourcing liquefied natural gas (LNG) to avoid a repeat of last winter’s crisis when colder than usual temperatures sent LNG spot prices in winter 2020/2021 to record highs. Today, prices are even higher, but many Asian buyers are still in the spot market despite the high price of …

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Saudi women’s rights activist who found freedom and horror on the internet

Born into a devout Muslim family in Saudi Arabia, Manal al-Sharif spent her childhood feeling that women were second-class citizens. In her small world, every piece of information she encountered was carefully organized, censored in such a way as to crush any spirit of rebellion. Thanks to the Internet, which …

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The energy freakout in Europe – POLITICO

Press play to listen to this article There is a leak on camping stoves on Spain’s Balearic Islands, while a key energy analyst says there could be gas shortages. This is proof that Europe’s energy emergency is not over. Energy prices have climbed to the top of the political agenda …

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The energy crisis in Europe will worsen this winter

Geopolitics ExxonMobil and Qatar Petroleum are several weeks away from a resumption of exploratory drilling off Cyprus, while the French Total SA and the Italian Eni should resume drilling in the same area in the first half of 2022. This update of the Drilling from the Cypriot government prompted a …

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The contours of Russia’s energy exports are defensible | Seen

OPEC and Russia last week stood up to the Biden administration’s efforts to curb rising oil production from the world’s largest producers in the face of rising global energy prices. Russian hawks have cried foul, drawing parallels with gas exports from Russia, where it is argued that the Kremlin is …

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Dubai Expo 2020 pavilion in Saudi Arabia records 1 million visits

DJEDDAH: Contemporary artists and architects flock to the heart of historic downtown Jeddah to present works that illustrate the city’s first major phase of urban development in a new exhibition, dating back to ‘where and when’ it all began. The exhibition entitled “Saudi Modern” addresses the narrative of architecture and …

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US FERC investigates two cases of market manipulation during February freeze in Texas

Nov. 18 (Reuters) – The U.S. Federal Energy Regulatory Commission (FERC) said on Thursday it referred two cases of the February freeze in Texas to its investigations division to look for possible market manipulation or d other violations. FERC said its analysis and monitoring division looked at wholesale natural gas …

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Xi’s Master Plan Set to Shame Putin as China’s “Leverage” on Russia Exposed | Sciences | New

Russia program chairman in the Asia-Pacific program at Carnegie Moscow Center, Alexander Gabuev, warned that Russia’s plan to sell gas to China from the same fields it uses to export gas to China. Europe could have dire consequences. He said it could expose crack if the reliance on the Chinese …

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Column: US oil drilling set to accelerate in 2022: Kemp

Oil rigs are pictured in the Kern River oilfield in Bakersfield, Calif., November 9, 2014. REUTERS / Jonathan Alcorn / File Photo John Kemp is a market analyst at Reuters. The opinions expressed are his LONDON, Nov. 17 (Reuters) – U.S. shale producers have added additional drilling rigs much slower …

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Oil prices fall amid rising gas prices in Europe: energy market closes

RIYAD: Bitcoin and Ether, the world’s two largest cryptocurrencies, were weak on Wednesday and at near critical levels that analysts say could mean further weakness if they fall further. While profit taking after the massive price hike earlier in the month emerged as the most important factor, analysts pointed to …

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Global Natural Gas Pipeline Market Financial Insights 2021, Company Growth Strategies, Trends

The World Report Gas pipeline market has been provided by researchers for a detailed understanding of the market performance over an estimated period of 2021 to 2026. However, this report has introduced a brief overview to provide the reader with better insight into this report. This brief description contains a …

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Germany suspends certification of Nord Stream 2 gas pipeline

Germany’s energy regulator said it had “temporarily suspended” certification of the Nord Stream 2 pipeline, defeating the Kremlin-backed gas project and pushing gas prices up in the UK and mainland Europe . The regulator said it could not yet approve the project, led by Russian Gazprom, because its owners had …

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Oil Rises on Tight Stocks, Demand Concerns Limit Gains

The chimneys of the Total Grandpuits oil refinery are seen just after sunset, southeast of Paris, France, March 1, 2021. REUTERS / Christian Hartmann / File Photo Brent and WTI rise, but demand concerns could limit gains Trafigura CEO Weir sees “very, very tight” oil market Oil price rally should …

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Saudi PIF nearly triples holdings of US equities; adds Walmart, Pinterest

DUBAI, Nov. 15 (Reuters) – The Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, nearly tripled its holdings of listed shares in the United States to $ 43.45 billion in the third quarter, adding shares of the Alibaba group, Walmart (WMT.N) and Pinterest (PINS.N). Its holdings of U.S.-listed stocks …

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Lawmakers criticize EU support for fossil gas projects undermining Green Deal – EURACTIV.com

Energy projects incompatible with Europe’s climate goals are about to be granted priority status by the European Commission, EU lawmakers warned on Thursday (November 11th). Their concern came in response to the EU’s draft list of cross-border energy infrastructure – known as projects of common interest (PCI) – which the …

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Rampant Russia crushes Cyprus 6-0 in World Cup qualifiers

ST. PETERSBURG, Russia: Five second-half goals helped Russia beat Cyprus 6-0 in a World Cup qualifier on Thursday as they increased their Group H lead to move closer to their place for next year’s finals in Qatar. Aleksandr Erokhin scored in every half, with Fedor Smolov, Andrey Mostovoy, Aleksei Sutormin …

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Saudi Arabia denies playing climate saboteur in Glasgow

GLASGOW, Scotland: The tightest of smiles on his face and the fabric of his traditional thobe swirling around him as he walks through a hallway during UN climate talks, the Saudi Energy Minister voices his shock at repeated complaints that the world’s largest oil producer is working behind the scenes …

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When it comes to transmission, and greater authority from FERC in general, be careful what you want

The following is an article written by Michael McKenna, president of MWR Strategies, who advises utilities, traders and transportation companies. McKenna previously served as Deputy Director of the White House Office of Legislative Affairs under Donald Trump and advised the President on energy, environmental and other matters. While some in …

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Business News | Stock Market News and Shares | Financial news

Search for quotes, news, net asset values ​​of mutual funds FSN E-Co (Nykaa) INE388Y01029, NYKAA, 543384 IRCTC INE335Y01020, IRCTC, 542830 Tata Engines INE155A01022, TATAMOTORS, 500570 IEX INE022Q01020, IEX, 540750 Tata power INE245A01021, TATAPOWER, 500400 Search for quotes, news, net asset values ​​of mutual funds FSN E-Co (Nykaa) INE388Y01029, NYKAA, 543384 …

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Ecopetrol Third Quarter Net Profit Reaches $ 983.4 Million Thanks To Improving Oil Prices

Band Oliver Griffin BOGOTA, November 9 (Reuters) – Colombian state-owned oil company Ecopetrol’s ECO.CN third quarter net profit jumped to 3.81 trillion pesos ($ 983.4 million) on rising crude prices and structural changes being implemented to address recent industry challenges, the company said on Tuesday. Earnings before interest, taxes, depreciation …

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Kuwait sends false messages to Saudi Arabia and Hezbollah |

KUWAIT CITY – The government of Kuwait tendered its resignation on Monday to the country’s Emir Sheikh Nawaf Al-Ahmad Al-Sabah, a day after approving a controversial amnesty bill, which includes the easing of sentences for members of an armed group affiliated with the Lebanese Shiite Hezbollah Movement, known as the …

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Black Hills Corp. Iowa Gas Utility Reaches Settlement Agreement for Rate Revision

GRIMES, Iowa, November 08, 2021 (GLOBE NEWSWIRE) – Black Hills Corp. (NYSE: BKH) announced today that its Iowa natural gas utility, Black Hills / Iowa Gas Utility Company, LLC, doing business as Black Hills Energy, has reached an agreement with all parties intervening in its rate review for a general …

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Updates from COP26 as the climate summit enters its second week in Glasgow

Our blog closes for the day, see you tomorrow As former US President Barack Obama continues to address delegates to the COP26 summit, our live blog ends for today. See you tomorrow and thank you for following our updates. – Holly ellyatt 9:15 am: Former US President Obama Says “Time …

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Oil wins after US infrastructure bill passes, Chinese exports rise

Crude oil storage tanks are seen from above at the Cushing Oil Hub in Cushing, Oklahoma on March 24, 2016. REUTERS / Nick Oxford TOKYO, Nov. 8 (Reuters) – Oil prices rose on Monday amid positive signs of global economic growth, supporting energy demand, as Saudi state producer Aramco raised …

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Jouf, the capital of olive oil in Saudi Arabia

RIYAD: With futuristic games for all ages and a restaurant, cafe, and hookah lounge, Takenda is the all-new one-stop-shop for fun. “We decided to create a family entertainment center but with a more futuristic digital approach, and from that point on we created Takenda,” Turki Al-Ahmadi, CEO of Takenda, told …

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Russian gas flows through the Yamal-Europe pipeline to Germany are again interrupted

A view shows pipelines near a gas processing facility, operated by the Gazprom company, at the Bovanenkovo ​​gas field on the arctic Yamal peninsula, Russia, May 21, 2019. Photo taken on May 21, 2019. 2019. REUTERS / Maxim Shemetov MOSCOW / FRANKFURT, Nov 6 (Reuters) – Gas flows through the …

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Crude Oil Price Update – Next Big Challenge For Bulls Is At The 50% Level At $ 81.83

US West Texas Intermediate crude oil futures are trading higher late Friday, regaining some of this week’s losses, after OPEC + producers turned down a US demand for accelerate production increases. Sentiment also gained on data showing US employment increased more than expected in October. At 7:43 p.m. GMT, December …

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Jadwa expects Saudi deficit to narrow in 2021 as oil prices hit multi-year highs

International tourism body to work with new Saudi sustainability center as it pushes for net zero carbon roadmap Travel industry launches “net zero roadmap,” the head of the World Travel and Tourism Council (WTTC) told Arab News, adding that the organization would work closely with the new sustainability center of …

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Government wants impact of pending FCAs added to base rate – Journal

ISLAMABAD: Amid commitments with the International Monetary Fund (IMF) to relaunch its $ 6 billion program, the government decided on Wednesday to ask the National Electricity Regulatory Authority (Nepra) to add the impact of 2.27 rupees per unit pending the cost of fuel. the adjustments (FCA) of the base tariff …

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Nothing certain at the TP52 World Championships >> Scuttlebutt Sailing News

Mallorca, Spain (November 4, 2021) – Seemingly infallible consistency, with the peloton returning a pair of second places and Phoenix a pair of thirds, see German and South African TP52s stranded in a three-way fight with the United States. Sled for the Rolex Title of world champion TP52. After six …

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Biden helpless as OPEC + meets in Vienna

Tension between Washington and OPEC + oil producers is mounting as the cartel meets today in Vienna to discuss its agreement to control production. For now, all signals from OPEC + indicate that it is unwilling to add more barrels to the global supply despite calls and demands from the …

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With shale under control, Saudi Arabia and Russia become more comfortable with oil rally

A sticker shows crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, USA, November 22, 2019. REUTERS / Angus Mordant / File Photo OPEC + has pushed back US calls for faster production increases Russian source claims OPEC + is not …

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COP26: United States joins 90 countries in pledging to reduce methane emissions; Coal deal with South Africa announced

President Biden and other world leaders have left Glasgow and the UN climate summit as the third day kicks off closed-door negotiations on how to tackle the climate catastrophe. On Tuesday, 90 countries agreed to reduce their methane emissions by 30% by 2030. It is Biden who announces the commitments …

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Press review: Russia’s future in the battle against climate change and the United States seeks to challenge OPEC + – Press review

Izvestia: Russia’s future in the fight against climate change Preserving forests and other natural ecosystems plays a decisive role in the fight against global warming, Russian President Vladimir Putin said in his video message to participants of the Glasgow Climate Conference (COP26). He stressed that Russia intends to halt greenhouse …

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Rising oil price could affect debate over Alaska’s long-term budget

Representative Dan Ortiz, I-Ketchikan, speaks at a House sitting in Juneau in March 2019. Ortiz said on Tuesday that improving the state’s revenue forecast will likely reduce support for the new taxes. (Photo by Skip Gray / 360 North) Ketchikan’s independent representative, Dan Ortiz, considered a proposal that would rewrite …

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Saudi Arabia wants businesses and families to choose Riyadh

The Saudi Arabia pavilion is on view at Expo 2020 in Dubai, United Arab Emirates on Monday, October 18, 2021. The Crown Prince of Saudi Arabia wants businesses, their employees and their families to relocate to the kingdom. The once ultra-conservative capital Riyadh now promises a lifestyle where concerts, cinemas, …

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Only OPEC has the power to send oil prices to $ 100

After the price of West Texas Intermediate (WTI) recently crossed $ 80 a barrel, Russian President Vladimir Putin was asked if he could reach $ 100. He replied: “It is quite possible.” Given Russia’s dependence on revenues from its oil exports, he was probably smiling as he said so. The …

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Moldova to get 3 billion m3 of gas per year under new deal with Russia | Oil and Gas News

The deal follows a protracted dispute after Russian company Gazprom offered a massive price hike. Moldova will receive around three billion cubic meters (m3) of gas per year under a new contract with Russian state gas company Gazprom, the country’s deputy prime minister said. Andrei Spinu’s announcement on Monday came …

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Saudi Arabia, Bahrain, and other allies join US bombers fly over regional choke points

The U.S. Air Force flew a B-1B strategic bomber over key maritime choke points in the Middle East alongside fighter jets from allies including Saudi Arabia, Israel, Egypt and Bahrain, amid continued tension with Iran as its nuclear deal with world powers remains in tatters. The B-1B bomber flew over …

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