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Keywords: Energy Sector
Global financial markets have increasingly begun to shift not over years or even traditional economic cycles, but within a matter of weeks. A recent period of roughly one hundred days demonstrated how quickly geopolitical developments can redistribute wealth across sectors, particularly between defense,......
Europe’s largest gas distribution operator, Italgas, has announced a significant expansion of its long-term investment strategy, committing €13 billion to infrastructure development and modernization projects through 2032. The plan represents a substantial increase compared with the company’s......
The United Kingdom has adjusted certain sanctions-related payment rules affecting an Austrian subsidiary of Russian energy company Lukoil, providing greater flexibility for businesses engaged in authorized transactions while maintaining broader restrictions linked to Russia sanctions. The change was......
Hungarian energy company MOL, together with Russia’s Gazprom Neft and Gazprom, is expected to receive a 15-day extension to continue negotiations over the sale of a majority stake in Serbian oil company NIS, according to Serbian officials. The discussions concern the potential transfer of a 51.56%......
The OPEC+ alliance is expected to move forward with another increase in oil production quotas for July as part of its ongoing strategy to gradually adjust supply levels in response to evolving market conditions. The decision reflects the group's efforts to balance global energy demand while maintaining......
The Bulgarian parliament has approved new legislation that limits the authority of a special manager appointed to supervise the operations of Lukoil in the country, according to local media reports. The decision concerns the Russian energy company Lukoil, which is one of the largest fuel retailers in......
Indian energy company Nayara Energy has announced the successful completion of a scheduled maintenance and modernization program at its Vadinar refinery in the western state of Gujarat, marking an important step in strengthening the country’s refining capabilities. The Vadinar facility, one of......
BP has announced the sale of a 5% stake in the Browse liquefied natural gas (LNG) project in Western Australia to South Korean energy company GS Energy, marking another step in the British group's ongoing portfolio optimization strategy. The transaction reflects BP’s objective of strengthening......
Norwegian oil and gas companies have revised their investment expectations upward for the years 2026 and 2027, according to a recent quarterly industry survey. Despite this revision, overall spending is still projected to remain below the record levels achieved in 2025. The survey shows that the country’s......