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Tuesday, January 13, 2026

Saudi prince founds global bunkering company

RobertGok -
Saudi Arabia's Prince Abdul-Aziz bin Turki Al Saud has founded the country's first global bunkering company Eleven Energy, a representative of the group told...

Analysing the consequences of Iran’s possible blockage of the Strait of Hormuz for world markets

RobertGok -
Iran's parliament is discussing the possibility of blocking the Strait of Hormuz, a key sea route through which some 20 per cent of the...

Ireland has closed its last coal-fired power station

Георгий Милославский -
Ireland has closed its last coal-fired power station, the state-owned ESB said in a statement. The power station in County Clare has closed after more...

Britain’s Petro Matad has started selling oil from a field in Mongolia

RobertGok -
UK-based Petro Matad, which operates the Heron oil field in Mongolia (Mongolian name "Tseng Togoruu"), has started selling oil, realising reserves produced from October...

UK records £17.7bn budget deficit

RobertGok -
The UK recorded a budget deficit of 17.7bn pounds ($23.85bn) in May, according to a report by the Office for National Statistics (ONS). The figure...

Norway reduced gas production by 8%

RobertGok -
Norway's natural gas production in May was 9.2 billion cubic metres, down 7.9% from the same month last year, according to preliminary calculations by...

Swiss exports to the US fell 42% due to duties

RobertGok -
Swiss exports to the US fell sharply in May for the second month in a row. Data released by the Swiss Federal Customs Administration on...

Airbus to increase shareholder payout to 50% of profits

RobertGok -
European aerospace corporation Airbus will raise its dividend payout ratio to 30-50 per cent of adjusted earnings from 30-40 per cent, the company said. Airbus...

US housing construction falls to 5-year low

RobertGok -
The number of homes started in the US in May fell 9.8% from the previous month to 1.256 million at an annualised rate, the...

The US Department of the Treasury extended for six months the exemption from sanctions against Russia for the Sakhalin-2 project

Георгий Милославский -
On 18 June, the US Treasury Department extended the term of the Russian-related general licence that authorises certain transactions with the Sakhalin-2 oil and...
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