Growing demand for crude in China is pushing up the price of Russian crude via the ESPO pipeline to its highest level in 21 months. This is due to strong demand from Chinese refiners and the anticipation of new import quotas.
Biden finally approved the opening of more than 320,000km2 to oil and gas exploration in the Gulf of Mexico.|Biden finally approved the opening of more than 320,000km2 to oil and gas exploration in the Gulf of Mexico.
The Nordic electricity markets, leaders in renewable energies (Denmark, Finland, Norway, Sweden), are ahead of the game for “net zero”. Wind and solar will overtake hydroelectricity by 2038, despite growing demand.
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