Gas & LNG
EU Weighs Cutting 20 Banks From SWIFT in New Russia Sanctions
The European Union is considering cutting more than 20 banks from SWIFT, the international payments system, as well as lowering a price cap on Russian oil and banning the Nord Stream gas pipelines as part of a new sanctions package that aims to increase pressure on Moscow to end its war against Ukraine.
Top Indian Oil Producer’s Quarterly Earnings Miss Estimates
State-run Oil and Natural Gas Corp.’s quarterly profit missed estimates as crude oil prices slumped and production from aging fields remained subdued.
Global LNG Suppliers Wager That China’s Demand Slump Is Fleeting
Global gas giants are betting the current lull in Chinese demand is temporary, and that the country will underpin their multibillion-dollar investments for years to come.
