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Impact of reduced state support with company power bills could prompt job cuts, warns industry bodyAlmost two-thirds of manufacturers in Britain fear blackouts this winter amid the fallout from the energy crisis, according to an industry survey, as con…
An aerial view shows a storage facility owned by Lukoil company at the Arctic port of Varandei Reuters: Russia sends more Arctic oil to China, India after sanctions SINGAPORE/NEW DELHI (Reuters) – Russia is sending more crude oil produced i…
Firm said in October it had not paid any UK windfall taxes because of heavy investment in North SeaShell has revealed it will pay about $2bn (£1.7bn) in UK and EU windfall taxes for the final quarter of 2022 – the first time it has paid UK tax for five…
Bloomberg: Oil’s New Year Slump Deepens Below $75 as China Concerns Grow (Bloomberg) — Oil’s rough start to the year worsened as a deteriorating demand outlook came to the fore, buttressed by China’s near-term struggles with Covid-19, mild…
OilPrice.com: Can Global Oil Production Climb If The U.S. Shale Boom Is Over? * Global monthly oil production peaked on a monthly basis in November 2018, and there are now real questions as to whether oil output will ever hit those heights again.&…