Exxon sells off assets
U.S. giant ExxonMobil has started selling off its oil and gas assets in the first major shale field in the United States.
26.11.2021
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Posts in category: News from the fuel and energy sector
Keystone XL pipeline developer seeks $15 billion in damages for project cancellation
The company that served as the developer of the Keystone XL oil pipeline from Canada to the United States is seeking compensation of $15 billion for the cancellation of the project by the U.S. government.
26.11.2021
Russia takes over first place among world oil producers
At the beginning of autumn, Russia took over from the United States first place among world oil producers, according to data from Rosstata, the Russian Federal State Statistics Service.
26.11.2021
Over 10 months of 2021, Europe increased sea shipments of coal from Russia by 30 %
From January to October 2021, the trans-shipment of coal in European ports rose by 18 % (to 104.6 million tonnes) compared to the same period of 2020, according to data from Refinitiv. Sea shipments from Russia climbed even more sharply – by 30 % (up to 39.7 million tonnes).
25.11.2021
The bitcoin gold rush – the new threat to world energy
Mining cryptocurrencies has in recent years become such a mass phenomenon that it now has a noticeable affect on energy and geopolitics.
24.11.2021
U.S., China, Japan, India, South Korea and Britain release strategic oil reserves
The United States has reached an agreement with China, India, Japan, South Korea and Great Britain to release strategic reserves of oil to stabilise the situation on markets.
24.11.2021