ENERGY

Authored by Julianne Geiger via OilPrice.com,

The EU’s ban on re-exporting Russian LNG is now officially in effect. It essentially halts ship-to-ship transfers at EU ports meant for third-country buyers and the optics are attractive–it's another cut into Moscow’s energy revenue stream. Whether that translates into pain for Russia is another story.

The re-export ban, passed back in June 2024, only targets Russian LNG cargoes passing through EU ports en route to (more…)

Authored by Tsvetana Paraskova via OilPrice.com,

• Some areas in the Permian have hit geological limits while others, yet to be drilled, are not expected to be as prolific as the prime Tier 1 acreage.

• Despite record U.S. crude oil production, limits to growth have started to emerge.

• In the Permian, the gas-to-oil ratio (GOR) has steadily risen from 34% of total production in 2014 to 40% in 2024.

After more than a decade of relentless drilling in the top U.S. (more…)

Syria's severe power shortages have continued throughout the country, also as many towns and cities remain largely destroyed following well over a decade of war. Rebuilding seems nowhere on the horizon as access to global investment and materials has been blocked by Washington.

The post-Assad Hayat Tahrir al-Sham government under Jolani (former AQ/ISIS commander) has just announced a tender to purchase around 7 million barrels of light crude oil, according to a fresh petroleum (more…)