
Russia Could Largely Avoid The Oil Price Cap
Only up to 2 million bpd of Russian crude and refined petroleum exports may have to be shut in from early December, when the price cap mechanism is planned to kick in.

Only up to 2 million bpd of Russian crude and refined petroleum exports may have to be shut in from early December, when the price cap mechanism is planned to kick in.
All regions in the United States have adequate energy resources for a “normal” winter, but that doesn’t mean all regions will coast through winter without disruption, the Federal Energy Regulatory Commission said on Thursday in its new annual winter assessment report.
…Spreads have opened between regions that have access to a lot of LNG , such as the UK — where gas trades at 33€/MWh — and those…
The Organization of Oil Exporting Countries and associates, known as OPEC+, decided to cut oil production Oct. 5.
As gas prices retreat due to warm weather and full stocks, the German government will caution against EU energy market interventions at an EU leaders’ meeting on Thursday (20 October).

The Capitals brings you the latest news from across Europe, through on-the-ground reporting by EURACTIV’s media network.
Romanian state-run company Romgaz signed with Azeri SOCAR a memorandum of understanding for joint investment in liquefied natural gas (LNG) facilities in the Black Sea.
The European Parliament voted Wednesday (19 October) to rein in maritime emissions by strengthening greenhouse gas intensity limits for maritime fuels and obliging large ship owners to use a percentage of green-hydrogen derived fuels by 2030.
…with analysts predicting more deals to be announced. “We expect the global LNG market to tighten as it heads into the Northern Hemisphere winter, and…
Asian fuel sellers are increasing their shipments of diesel to energy-starved Europe, benefiting from the premium European buyers are willing to pay for the fuel amid a deepening global and regional deficit.