The supply of Russian oil to the European Union rose by 14% between January and April, from 750,000 to 857,000 barrels per day, The Economist reported on Wednesday, citing data by Argus Media. This comes as Brussels has been calling to completely stop energy imports from the country. According to the …
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Beijing is in discussions with Moscow to buy additional oil supplies, Bloomberg reported this week, citing people with knowledge of the plan. China is seeking to replenish its storage tanks with discounted Russian crude before prices rise again, they said. According to the sources, who asked not to be named, …
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Bulgaria has reached a deal to buy liquefied natural gas (LNG) from the US, the country’s government said in a statement on Wednesday. The agreement was reached during a meeting between Bulgarian Prime Minister Kiril Petkov and US Vice President Kamala Harris. Deliveries will begin in June, and, according to …
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Indian refining giant Reliance Industries has shelved plans for repair operations at the world’s biggest oil refining complex as the company is striving to churn out more oil products since the margins on them have recently surged to three-year highs, Bloomberg reports. The company has been purchasing discounted cargoes of …
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The cost of wind power has recently dropped to levels that allow a challenge to such fossil fuels as coal and natural gas, thanks to an enormous investment boom in green energy. “What we’ve clearly achieved is that wind power is now cheaper than anything else. But I believe we …
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“We could have pumped 38 billion [cubic meters of gas into the storages] …and we would not have a crisis in our country now,” Tymoshenko told Nash TV Channel. She also denounced the crisis her nation might likely face in the coming winter due to gas and coal shortages as …
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According to the Department of Health and Social Care (DHSC), Uber and its takeaway delivery service Uber Eats, as well as rival food delivery service Deliveroo, chain restaurant Pizza Pilgrims, and the ride-hailing platform Bolt, are involved with the plan. The DHSC announced on Sunday that the companies “will be …
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Blue body bags lined the curb outside Facebook’s office in Washington, DC on Wednesday, each bearing a sticker depicting Facebook’s ‘thumbs-up’ logo and the text “disinfo kills.” The protest was staged by a group calling itself The Real Facebook Oversight Board (RFOB), which was launched in response to Facebook establishing …
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On Wednesday, Bukele tweeted that he had instructed the state-owned geothermal electric company LAGeoSV to power bitcoin mines with “very cheap, 100% clean, 100% renewable, 0 emissions energy from our volcanos.” “This is going to evolve fast!” he added. Indeed, just a couple hours later, Bukele tweeted a video of …
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That would be almost half the amount Saudi Arabia exports to China. An earlier report by Reuters from the beginning of the month said that China was buying record-high volumes of Iranian crude in anticipation of the Biden Administration lifting sanctions on Tehran. Even India, the report said, started planning …
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