Birol: Renewed escalation in Middle East boosts energy supply risk
The renewed escalation of the conflict in the Middle East is affecting the Strait of Hormuz and energy infrastructure in the region, heightening concerns over security of supply, International Energy Agency Executive Director Fatih Birol said.
Serbia not satisfied with MOL’s latest proposal for oil company NIS takeover
The main stumbling block in the negotiations with MOL concerns NIS' oil refinery and the supply of the Serbian market with oil products
US temporarily lifts sanctions on Russian oil purchases
The United States has authorized the purchase of Russian oil and petroleum products already at sea until April 11
Oil and gas prices keep rising as Iran threatens key transit route
Natural gas in Europe jumped to more than EUR 65 per MWh, while Brent crude oil rose to over USD 85 a barrel