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EU to convene gas supply group meeting on Iran war
BRUSSELS, March 23 (Reuters) - The European Union's gas coordination group will meet on Thursday to assess the impact of the Iran war on Europe's gas supplies, a European Commission spokesperson told Reuters on Monday. The EU's gas coordination group includes representatives from member ...Reuters
Mon, Mar 23
Asia faces crisis from Mideast disruption, Singapore foreign minister warns
Asia's oil imports heavily reliant on Middle EastSingapore prepares for economic fallout, emphasizes stability and cooperationWar against Iran 'unnecessary,' minister saysBy Mark Bendeich, Xinghui Kok and Josh Smith SINGAPORE, March 23 (Reuters) - The war against Iran threatens to sen...Reuters
Mon, Mar 23
Japan oil refiners look to North America for crude supply options
By Yuka Obayashi and Katya Golubkova TOKYO, March 23 (Reuters) - North America is one potential alternative source of crude oil for Japanese oil refiners, with Ecuador, Colombia and Mexico also seen as possible options, Japan Petroleum Association President Shunichi Kito said on Monday. Oil buyer...Reuters
Mon, Mar 23
CERAWEEK-Saudi Aramco boss pulls out of major energy conference due to Iran conflict, source says
CERAWeek organizers informed of Nasser's withdrawal, source saysAramco faces biggest challenges since COVID-19 and 2019 attacksKuwait state oil firm KPC's CEO to speak from Kuwait, source saysUAE oil firm ADNOC's CEO addressing event virtually, later travelling to WashingtonAbu Dhabi wea...Reuters
Mon, Mar 23
Putin calls for 'balanced decisions' on Russia's windfall energy revenues amid global price spike
MOSCOW, March 23 (Reuters) - Russian President Vladimir Putin asked the government on Monday to make "balanced decisions" on how to use windfall state revenues from energy exports caused by a spike in global prices."Regarding the federal budget, it is also necessary to make balanced deci...Reuters
Mon, Mar 23
Venture Global Says Vitol Agrees To Buy About 1.5 Million Tonnes/ Annum Of U.S. LNG From Co For 5 Years Starting 2026
March 23 (Reuters) - Venture Global Inc VG.N:VENTURE GLOBAL: VITOL AGREES TO BUY ABOUT 1.5 MILLION TONNES/ ANNUM OF U.S. LNG FROM CO FOR 5 YEARS STARTING 2026Source text: [ID:]Reuters
Mon, Mar 23
Cebu Pacific raises fares, flags potential capacity cuts amid Middle East conflict
By Julie ZhuHONG KONG, March 23 (Reuters) - Philippine budget carrier Cebu Pacific CEB.PS on Monday said it raised all-in average fares by as much as 26% and may cut capacity in the third quarter as soaring jet fuel costs triggered by the U.S.-Israeli war on Iran threaten to erode profitability.Here...Reuters
Mon, Mar 23
Kremlin says strikes near Bushehr nuclear plant in Iran are dangerous
MOSCOW, March 23 (Reuters) - U.S.-Israeli strikes near the Bushehr nuclear power plant in Iran are extremely dangerous and Russia has shared its concerns with the United States, Kremlin spokesman Dmitry Peskov said on Monday.Such strikes could have irreparable consequences, Peskov said. "We ...Reuters
Mon, Mar 23
Venture Global, Vitol sign five-year US LNG supply deal
March 23 (Reuters) - Liquefied natural gas firm Venture Global VG.N said on Monday it has signed a binding agreement to supply the super-chilled gas to global commodities trader Vitol.The United States' second-largest supplier of LNG has been expanding its commercial footprint ahead of new proje...Reuters
Mon, Mar 23
UAE's ADNOC Gas adjusts LNG output in response to shipping disruption
March 23 (Reuters) - The gas subsidiary of ADNOC, Abu Dhabi's state oil firm, on Monday said it made temporary adjustments to its production of liquefied natural gas and export-traded liquids in response to ongoing shipping disruption in the Strait of Hormuz.The U.S.-Israeli war on Iran escalate...Reuters
Mon, Mar 23
ADNOC CEO to address CERAWeek virtually, will travel to Washington later this week
By Yousef Saba March 23 (Reuters) - Abu Dhabi state oil giant ADNOC's Group CEO Sultan Al Jaber will not travel to Houston for the CERAWeek energy conference and will participate virtually before travelling to Washington D.C. for meetings, an ADNOC spokesperson told Reuters, as the Iran war u...Reuters
Mon, Mar 23
Gold: Near term capped, medium term constructive – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong report that Gold has come under pressure as rising global yields, higher real rates and renewed inflation concerns reduce expectations for near-term Fed cuts. ETF outflows and stress-driven liquidation are adding to downside.
Fxstreet
Mon, Mar 23
Kremlin denies Politico report on Russian proposal to U.S. on cutting intelligence sharing with Iran
March 23 (Reuters) - The Kremlin on Monday cast as false a Politico report that Russia had offered to cut off intelligence sharing with Iran in exchange for the United States ending its support for Ukraine."This report - we have seen it," Kremlin spokesman Dmitry Peskov told reporters. "...Reuters
Mon, Mar 23
Kremlin says strikes near Bushehr nuclear plant in Iran are dangerous
MOSCOW, March 23 (Reuters) - U.S.-Israeli strikes near the Bushehr nuclear power plant in Iran are extremely dangerous and Russia has shared its concerns with the United States, Kremlin spokesman Dmitry Peskov said on Monday.Such strikes could have irreparable consequences, Peskov said.Reuters
Mon, Mar 23
EUROPE GAS-European prices rise over Middle East energy war jitters
OSLO, March 23 (Reuters) - Dutch and British gas contracts rose early on Monday and face another volatile trading session as the war in the Middle East risks escalating strikes on energy infrastructure and the reopening of the Strait of Hormuz remains elusive. The benchmark Dutch front-month contrac...Reuters
Mon, Mar 23
ADNOC CEO to address CERAWeek virtually, will travel to Washington, spokesperson tells Reuters
March 23 (Reuters) - Abu Dhabi state oil giant ADNOC's Group Chief Executive Sultan Al Jaber will not travel to Houston for the CERAWeek energy conference and will participate virtually, an ADNOC spokesperson told Reuters. Al Jaber will travel to Washington on a 48-hour trip to hold a series of ...Reuters
Mon, Mar 23
Greece announces subsidies to shield consumers, farmers from energy price spike
Adds detail, quotes ATHENS, March 23 (Reuters) - Greece will offer subsidies for fuel and fertilisers and ferry ticket discounts worth a total 300 million euros ($346 million) in April and May to shield consumers and farmers from rising energy prices stemming from the Iran conflict, Prime Ministe...Reuters
Mon, Mar 23
