At the start of Q1 2022, global oil and gas industry contract activity was stifled due to the Russia-Ukraine conflict. However, in the second half of the quarter a minor increase in the number of contracts was reported. SourceContinue Reading

U.S. Set To Suggest European Tariff On Russian Oil Instead Of Embargo | 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 17, 2022, 1:30 PM CDT The United States is...Continue Reading

German Industry Boss: Cutting Off Russian Gas Would Be “Catastrophic” | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – May 17, 2022, 1:00 PM CDT Europe’s potential plan to sanction Russian gas could have a significant impact on its economy.  Siegfried Russwurm, president...Continue Reading

Hungary Says Complying With Russia Oil Ban Would Cost It $811 Million | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 17, 2022, 12:30 PM CDT The biggest holdout to an EU embargo on Russian oil imports, Hungary, continues to dig its heels in, and...Continue Reading

A New Railway Could Transform Trade And Transport In The Gulf | OilPrice.com Oxford Business Group Oxford Business Group (OBG) is a global publishing, research and consultancy firm, which publishes economic intelligence on the markets of the Middle East, Africa, Asia… More Info Premium Content By Oxford Business Group – May 17, 2022, 12:00 PM...Continue Reading

Aimed at scaling up private sector investment in African oil and gas projects, the bank will provide critical financing for new and existing oil and gas projects, as well as energy developments across the entire value chain. SourceContinue Reading

Abu Dhabi National Oil Co. plans to build a new liquefied natural gas plant as the world’s producers race to expand their exports amid surging demand. SourceContinue Reading

New Trading Firms Replace Oil Majors In Business With Russia | 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 Related News By Irina Slav – May 17, 2022, 11:00 AM CDT New, small oil trading companies are replacing the...Continue Reading

Turkey Demands Concessions From Sweden And Finland Ahead Of NATO Bid | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – May 17, 2022, 11:00 AM CDT Turkish President Tayyip Erdogan has issued his firmest rejection yet concerning Finland and Sweden’s bids to join...Continue Reading

Iraqi Government Prevents Chinese Parties From Buying Into Oil Deals | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 17, 2022, 10:30 AM CDT The Iraqi government prevented three deals that would have seen greater Chinese ownership in its oil fields, Reuters has reported, adding...Continue Reading