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A service for political professionals · Thursday, May 29, 2025 · 817,028,822 Articles · 3+ Million Readers
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Charles Kennedy (Former British Liberal Democrat Leader) News Monitoring

  • Published on May 28, 2025

    Iran May Pause Enrichment for Nuke Rights, Thawed Funds

    Iran is reportedly prepared to halt its uranium enrichment at 60% purity, which is just below weapons-grade, in what media is viewing as a potential breakthrough in indirect nuclear talks with the United States, according to a Reuters exclusive.  In …

    Source: Oil Price - Neutral
  • Published on May 28, 2025

    Russia Hints at Changing Oil Price Level in Its Budget Rule

    Russia could consider adjusting the oil price level in its so-called budget rule amid falling oil prices, Finance Minister Anton Siluanov said on Wednesday. Under the budget rule, Russia has a baseline price of $60 per barrel of oil, above which it funnels …

    Source: Oil Price - Neutral
  • Published on May 28, 2025

    China May Ease Rare Earths Export Controls for EU Semiconductors

    China is considering easing its recently imposed export restrictions on rare earth elements for European semiconductor companies, Chinese media reported on Wednesday, signalling that Beijing may be attempting to stabilize global supply chains amid mounting …

    Source: Oil Price - Neutral
  • Published on May 28, 2025

    Germany Vows To ‘Do Everything’ to Prevent Nord Stream Resurrection

    Germany plans to do all it takes to keep the Nord Stream 2 pipeline offline, German Chancellor Friedrich Merz said on Wednesday at a news conference with Ukrainian President Volodymyr Zelensky in Berlin. “We will do everything in this context to ensure …

    Source: Oil Price - Neutral
  • Published on May 28, 2025

    China Looks to Boost Domestic Coal Demand and Prices

    China has asked its coal-fired power plants to boost stockpiles with domestic supply as authorities aim to push up local demand and prices, anonymous sources familiar with the matter told Reuters on Wednesday. Coal prices in China have been depressed this …

    Source: Oil Price - Neutral
  • Published on May 28, 2025

    Russia’s Crude Oil Export Revenues Hit Two-Year Low as Prices Dip

    The value of Russian crude oil exports have sunk in May to the lowest level in over two years, data on shipments and Russian crude prices compiled by Bloomberg showed on Wednesday. The volume of Russian crude oil exports in the four weeks to May 25 barely …

    Source: Oil Price - Neutral
  • Published on May 28, 2025

    B.C. Port Seeks to Draw More Tanker Traffic

    The Vancouver Fraser Port Authority is planning to dredge an inlet in order to be able to accept fuller oil tankers, sparking concern among local environmentalists. Right now, CBC reported, the Vancouver port can service Aframax vessels that are 80% full …

    Source: Oil Price - Neutral
  • Published on May 28, 2025

    Venezuela’s Shadow War Over Oil-Rich Essequibo Is Escalating

    A quiet frontier in South America is rapidly becoming one of the world’s most volatile energy flashpoints. The disputed region of Essequibo, a sparsely populated expanse administered by Guyana but claimed by Venezuela, has seen tensions simmer for years. …

    Source: Oil Price - Neutral
  • Published on May 27, 2025

    Saudi Oil Giant Aramco Set to Issue at Least $500-Million Bond

    Saudi Aramco, the world’s biggest oil firm, is expected to price later on Tuesday a three-part bond in U.S. dollars as a campaign to raise funds, IFR news service reports. The bond sale is set to be benchmark-sized, which typically means the issue would be …

    Source: Oil Price - Neutral
  • Published on May 27, 2025

    Italy’s Industry Calls for Lower Energy Costs

    Italy’s industry needs an urgent plan from the government to help reduce the high energy costs, which are higher than in other European countries, the president of the Italian business lobby, Confindustria, said on Tuesday. “Our companies continue to incur …

    Source: Oil Price - Neutral
  • Published on May 26, 2025

    Maduro Tightens Grip on Power in Venezuela with Latest Elections

    Nicolas Maduro has solidified his power over Venezuela following this weekend’s regional and parliamentary election, which his ruling party said it won in a landslide, while the opposition called for a boycott of the vote and claims turnout was below 15%. …

    Source: Oil Price - Neutral
  • Published on May 26, 2025

    Iraq Files Lawsuit Against U.S. Over Kurdistan Oil Contracts

    Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy - May 26, 2025, 1:00 PM CDT According to Iraqi media, the lawsuit was filed on Monday and accuses the U.S. government of allowing companies under its jurisdiction to sign oil …

    Source: Oil Price - Neutral
  • Published on May 26, 2025

    Global LNG Demand Faces "Deep Uncertainty", GIIGNL Says

    The trajectory of global liquefied natural gas (LNG) demand is now marked by “deep uncertainty,” according to the president of the International Group of Liquefied Natural Gas Importers (GIIGNL), signaling a more cautious tone from one of the industry’s …

    Source: Oil Price - Neutral
  • Published on May 26, 2025

    Indonesia’s State Oil Firm Considers Importing U.S. Fuel

    Pertamina, the state oil and gas firm of Indonesia, is considering importing oil products from the United States amid the trade and tariff negotiations, Argus reported on Monday. Indonesia seeks to show the United States that it is working to reduce its …

    Source: Oil Price - Neutral
  • Published on May 26, 2025

    Think Tank: India Could Become Clean Energy Powerhouse

    India is set to see a surge in power demand and renewable energy build-out in the coming years and decades and assert itself as a clean energy powerhouse, if it boosts investments, U.S.-based clean energy think tank Rocky Mountain Institute (RMI) said in a …

    Source: Oil Price - Neutral
  • Published on May 26, 2025

    Russia Adds Military Escorts to Oil Tanker Fleet in Gulf of Finland

    Russian military vessels are escorting oil tankers traversing the Gulf of Finland, Finland’s defense minister told media this weekend, saying this was “a completely new development.” The news follows an attempt last week by the Estonian navy to stop a …

    Source: Oil Price - Neutral
  • Published on May 23, 2025

    Kazakhstan Expects to Top Its Oil Output Plan in Defiance of OPEC+

    Kazakhstan is likely to top its oil production plan this year, due to the expansion of the Chevron-led Tengiz field, Kazakhstan’s Energy Minister Erlan Akkenzhenov said on Friday, in yet another snub at OPEC+ quotas. Earlier this year, Kazakhstan’s energy …

    Source: Oil Price - Neutral
  • Published on May 23, 2025

    Pemex Announces 3000 Job Cuts in Restructuring Effort

    Mexico’s Pemex plans to cut 3,000 jobs as part of a restructuring move aimed at reducing its expenses, Bloomberg has reported, citing a company document. The restructuring should lead to savings to the tune of $540 million, the document showed, by …

    Source: Oil Price - Neutral
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  • Published on May 28, 2025 - 18:14 GMT

    EU Reinstates Trade Limits on Ukrainian Products

    (MENAFN) European Union nations have agreed to bring back import quotas on Ukrainian agricultural imports, according to European Commission representative Balazs Ujvari, as reported by a news agency. This decision comes as the current system allowing duty- …

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  • Published on May 28, 2025 - 18:14 GMT

    EU Prepares to Enforce Water Use Reduction

    (MENAFN) The European Commission is expected to urge member nations of the European Union to decrease their water consumption by at least 10 percent before 2030, as revealed by a preliminary strategy reviewed by the media. This initiative would represent …

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