Germany’s RWE To Follow Kremlin’s Rubles-for-Gas Scheme | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 16, 2022, 12:30 PM CDT Germany’s largest producer of power, the giant RWE utility, has opened an account to pay for Russian gas in euros, Reuters reports, which will...Continue Reading

Highest Ever U.S. Gasoline Prices Aren’t Destroying Demand | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – May 16, 2022, 12:00 PM CDT U.S. gasoline demand is resilient despite all-time high...Continue Reading

Leaked EU Memo Details Emergency Gas Supply Shock Measures | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 16, 2022, 12:00 PM CDT The European Union is gearing up to release emergency measures for a full-scale gas supply shock on Wednesday, with a leaked memo...Continue Reading

African nations should resist pressure from “powerful interests” to hastily abandon fossil fuels to avoid hurting their economies, Angola’s President Joao Lourenco said. SourceContinue Reading

California Reconsidering Closure Of Its Last Nuclear Power Plant | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 16, 2022, 11:30 AM CDT As another summer threatens the stability of California’s power grid, Governor Gavin Newsom has said that he would keep all options on...Continue Reading

Germany to End Russian Oil Imports Whatever EU Decides | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – May 16, 2022, 11:00 AM CDT Germany to end Russian oil imports by the end...Continue Reading

Saudi Oil Exports Dropped in March From Two-Year High In February | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – May 16, 2022, 10:30 AM CDT Crude oil exports from Saudi...Continue Reading

China’s Oil Demand May Rebound If Shanghai Reopens In June | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – May 16, 2022, 10:00 AM CDT As of June 1, Shanghai authorities...Continue Reading

Saudi Aramco posted its highest profit since its record stock-market listing, after oil prices surged in the wake of Russia’s invasion of Ukraine. SourceContinue Reading

The U.K. got less than a quarter of its oil supplies from its own fields last year, compared with about 9% from Russia. And domestic output is dropping fast — down by 10% in the first quarter from a year earlier after companies cut investment or spent their cash elsewhere. SourceContinue Reading