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Novatek Pivots to India
Novatek is in talks over long-term LNG supply deals in India and seeks to invest in Indian regasification terminals and LNG retail chains to spur demand, Leonid Mikhelson, CEO of the privately-owned company said Monday at the India Energy Week conference in Bengaluru (formerly Bangalore). Novatek also discussed wider participation...
energyintel.com
Saudi Minister: Sanctions May Lead to Supply Crunch
Saudi Arabia's energy minister has warned once again that sanctions and underinvestment may lead to a global energy supply crunch. He also reiterated that Opec-plus producers do not allow politics to influence their decisions on oil output. Rosneft CEO Igor Sechin says it makes no sense for Europe to set...
Chinese Spy Balloon Carried Explosives to Self-Detonate Once it Gathered All Vital Intel, Shooting it Down Was for Show
Navy divers are currently retrieving debris from the fallen Chinese spy balloon. A high-ranking general announced that the U.S. is exploring the possibility that the balloon was carrying explosives.
BBC
Turkey earthquake: The eyewitnesses who captured the quake on social media
The sheer scale of the devastation of the earthquake and its aftershocks can be seen in social media photos and videos posted by people in Turkey and Syria. Eyewitnesses have also been speaking about what happened. BBC News has been pulling together and verifying information. The tremors of the main...
Vladimir Putin's Soldiers Starving In Ukraine, Surviving On Only 'Instant Noodles' & Potatoes Cooked On 'Rockets'
Vladimir Putin’s forces are starving in Ukraine and are forced to survive on only potatoes, onions and instant noodles cooked using the back ends of rockets, RadarOnline.com has learned.In a surprising development to come as Russia’s death toll recently surpassed 500,000, one Russian soldier spoke out to reveal the Russian military’s food situation has not changed even 12 months after first invading Ukraine in February 2022.Even more shocking was recently released footage of a Russian battlefield kitchen that indicated Putin’s soldiers are struggling to survive as their options for food and nutrients are severely limited.That is the revelation shared by...
A Chinese iPhone factory worker says he saw a colleague have his pay reduced for spending too much time drinking water, report says
Nicknamed Hunter, he told Rest of World that working at the Foxconn factory in Zhengzhou, China felt like he was stripped of his "rights and dignity."
energyintel.com
Asian Buyers Caught Off Guard by Saudi Price Hike
Asian buyers were caught off guard by an increase in the official selling price (OSP) for crude from Saudi Arabia, after market players had expected sales prices to fall this month. Prices for both crude oil and petroleum products jumped on Tuesday due to positive signaling on Chinese demand. Despite...
energyintel.com
Gazprom to Exit Greek Trading Joint Venture
Russia’s Gazprom is expected to sell its 50% in Greek trading joint venture Prometheus Gas to privately owned Copelouzos Group in a couple of weeks, a source close to the deal tells Energy Intelligence. The sale, which was on the agenda of Gazprom’s board meeting on Jan. 27, represents the loss of another Gazprom asset in Europe as the one-year anniversary of Russia’s war in Ukraine approaches.
energyintel.com
Viewpoint: Supporting Black Sea Gas Could Ease Supply Concerns
The EU should consider offering more support to natural gas developments in the Black Sea as an alternative source of gas to alleviate its dearth of supplies. Despite relentless Italian gas diplomacy, doubts remain over Algeria's ability to substantially boost its gas exports. Nymex gas futures fell to 25-month lows...
Ukraine Inflicts Deadliest Day of Fighting on Russia So Far: Report
Ukraine's armed forces said on Tuesday that more than 1,000 Russian troops had been killed over the previous 24 hours.
energyintel.com
LNG Netbacks at Key Receiving Terminals
The deal will likely benefit both parties as they look to compete for upcoming FLNG projects across Africa. FERC appears to be smoothing the way for approval of some gas pipeline and LNG projects — specifically expansion — by forgoing the most restrictive environmental reviews.
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