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A service for political professionals · Wednesday, January 22, 2025 · 779,151,188 Articles · 3+ Million Readers
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Charles Kennedy (Former British Liberal Democrat Leader) News Monitoring

  • Published on Jan 21, 2025

    Saudi Aramco Sees Oil Demand Growth at 1.3 Million Bpd in 2025

    Saudi Aramco, the world’s largest oil exporter, expects global oil demand to grow by a steady 1.3 million barrels per day (bpd) this year compared to 2024, the chief executive of the biggest oil firm in the world told Reuters. Oil demand is set to hit …

    Source: Oil Price - Neutral
  • Published on Jan 21, 2025

    Trump Signs Executive Order to Unleash American Energy

    U.S. President Donald Trump signed on his first day in office an executive order to unleash America’s energy by easing the barriers to oil and gas extraction and production and revoking a series of climate orders by President Biden. As pledged in the …

    Source: Oil Price - Neutral
  • Published on Jan 21, 2025

    UK Electricity Prices Jump to Two-Year High as Wind Power Plunges

    Low wind speeds have pushed the UK’s power prices to their highest level in two years on Tuesday, with wind generation expected to plunge to the lowest level on Wednesday since September 2023, Bloomberg models show. The day-ahead power price in the UK hit …

    Source: Oil Price - Neutral
  • Published on 01:05 GMT

    European and African Countries Back Green Hydrogen Pipeline Project

    Italy, Austria, Germany, Algeria, and Tunisia reiterated on Tuesday their intention to develop a pipeline that would carry renewable hydrogen from North Africa to Europe, the Italian energy ministry said. The 3,300-km (2,050 miles) hydrogen pipeline, named …

    Source: Oil Price - Neutral
  • Published on Jan 20, 2025

    India Seeks Alternative Crude Pricing From Middle East as Shipping Costs Soar

    The biggest Indian state refiners have asked one Middle Eastern exporter to offer alternative price quotes for its crude as India is scrambling for the cheapest possible supply amid soaring oil and shipping prices after the U.S. sanctions on Russia’s oil …

    Source: Oil Price - Neutral
  • Published on Jan 20, 2025

    Yemeni Houthis to Limit Red Sea Attacks to Israeli-Linked Ships

    Following the Israel-Gaza ceasefire, the Iran-aligned Houthis will limit attacks in the Red Sea to vessels linked with Israel, the Humanitarian Operations Coordination Center, through which the Houthis communicate with merchant shipping, has said. “We …

    Source: Oil Price - Neutral
  • Published on Jan 20, 2025

    Chevron Eyes Oil and Gas Exploration Offshore Greece

    U.S. supermajor Chevron has expressed interest in oil and gas exploration offshore Greece, the Greek Ministry of Energy and Environment said on Monday, adding that exploration is part of the national strategy for energy independence and lower energy costs. …

    Source: Oil Price - Neutral
  • Published on Jan 17, 2025

    Italy’s Natural Gas Demand Slumps to 15-Year Low

    Consumption of natural gas in the EU’s third-largest economy, Italy, dropped by 2.5% in 2024 to its lowest level in more than 15 years, power market manager GME said on Friday. Demand fell for a third consecutive year in 2024, due to higher prices compared …

    Source: Oil Price - Neutral
  • Published on Jan 17, 2025

    Fire at Huge California Battery Storage Plant Forces Evacuations

    A fire at the Vistra battery storage plant in California, one of the largest in the world, has prompted evacuations for hundreds of people, and part of a highway was closed early on Friday. The battery storage plant in Moss Landing in northern Monterey …

    Source: Oil Price - Neutral
  • Published on Jan 16, 2025

    Biden Administration Offers $23 Billion Conditional Loans to Utilities

    The Loan Programs Office of the U.S. Department of Energy on Thursday announced $23 billion worth of funding support to several utilities to improve infrastructure and reduce emissions, as part of the outgoing Administration’s Inflation Reduction Act. The …

    Source: Oil Price - Neutral
  • Published on Jan 16, 2025

    EU Considering Lifting Sanctions On Syrian Oil & Gas

    The European Union is considering lifting wide-ranging sanctions on Syria, including restrictions on the country’s oil and gas sector following the ouster of former Syrian President Bashar al-Assad a month ago. In a non-paper--an informal EU document used …

    Source: Oil Price - Neutral
  • Published on Jan 16, 2025

    TotalEnergies Expects Better LNG Trading in Q4

    TotalEnergies expects its fourth-quarter results to have benefited from higher LNG production and prices and stronger gas trading, the French energy group said on Thursday, diverging from other supermajors that have flagged weaker oil and gas trading …

    Source: Oil Price - Neutral
  • Published on Jan 16, 2025

    UAE’s Renewable Energy Giant Enters Philippines with $15-Billion Deal

    Masdar, the clean energy giant of the United Arab Emirates (UAE), is entering the Philippines with a deal worth $15 billion in total investments to develop up to 1 gigawatt (GW) of solar, wind, and battery energy storage systems (BESS) by 2030. Masdar will …

    Source: Oil Price - Neutral
  • Published on Jan 16, 2025

    Can This Huge Oil Discovery Revive The Bakken Oil Boom?

    North Dakota’s claim to oil fame has long been the Bakken shale, one of the top shale plays in the country. The Bakken is considered a rather mature play, but now, studies by researchers with the state’s Department of Natural Resources have opened up the …

    Source: Oil Price - Neutral
  • Published on Jan 15, 2025

    EU Mulls Gradual Ban on LNG Imports From Russia

    The European Union is drafting the 16th package of sanctions against Russia over its invasion of Ukraine, which could include a gradual ban on EU imports of LNG from Russia, sources with knowledge of plans told Bloomberg on Wednesday. The EU no longer …

    Source: Oil Price - Neutral
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