
Saudi Arabia And Russia Both Want $100 Oil
OPEC+ heavyweights Saudi Arabia and Russia, with their +11 million bpd quotas, are looking at $100 oil as a fair price good for all.

OPEC+ heavyweights Saudi Arabia and Russia, with their +11 million bpd quotas, are looking at $100 oil as a fair price good for all.
The European Parliament voted on Wednesday (14 September) to limit the amount of primary biomass that can be burned in power plants, raising concern among the bioenergy industry.
EU lawmakers voted Wednesday (14 September) to effectively ban the use of soybeans as a feedstock for fuel, but declined to tighten an existing 7% cap on the use of crop-based biofuels, provoking mixed reactions from NGOs and industry campaigners.
MidCat would help connect Europe to Spain’s network of liquified natural gas (LNG) terminals, a move that would contribute to strengthen Europe’s energy independence in the current standoff with Moscow over gas supplies.
The largest Chinese Steel Company has offered $1.5 billion to purchase and upgrade Pakistan Steel Mills (PSM).

Don’t say it too loudly, but Germany is on a war-like footing.
As Germany and other European countries seek to move away from oil and gas heating in the face of a looming energy crisis, and to meet climate protection targets, Stockholm is leading the way.
Lee Jae-myung, the newly installed leader of South Korea’s largest opposition party, is in the crosshairs of corruption allegations, continuing a seemingly never-ending cycle of “revenge politics” among the country’s leading political factions.
Russia expects to reach final agreements with China on the Power of Siberia 2 gas pipeline in the near future, Russian Deputy Prime Minister Alexander Novak told reporters on Thursday.
…both, would likely increase competition for seaborne cargoes of liquefied natural gas ( LNG ) given gas’s key role in heating, which could see prices surge…