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Energy Sector News, Monday, August 4, 2025: Brent around $70 amid increased OPEC+ production, EU gas reserves exceed 70%, gasoline export ban in effect
... growth of renewable energy sources (RES), recent trends in the electricity sector, and geopolitical factors reshaping global energy trade. This information will be valuable to investors and market participants in the oil and gas sector—ranging from oil, gas, and fuel companies to representatives of electricity, coal, and renewable energy industries.
Oil Market: Price Stability and OPEC+ Output Increase
As the week begins, oil prices remain relatively stable, with Brent trading around $69-$70 per barrel. Market balance ...
Fuel and Energy Complex News - Saturday, August 2, 2025: Brent around $73; gasoline exports from Russia restricted to stabilize prices
... Europe and the U.S. (including BP, TotalEnergies, ExxonMobil, and Chevron) reported declines in quarterly profits compared to the peak first half of 2024 but overall earned more than forecasted. Despite retreating from last year's record levels, the oil and gas sector continues to generate a solid cash flow. Many companies maintain generous returns for shareholders (dividends, share buybacks), signaling confidence in business stability.
At the same time, the industry has outlined further development paths, adapting to new challenges. A significant portion of additional ...
Energy Sector News, Tuesday, August 5, 2025 - Trump Pressures India, Russia Limits Fuel Exports
... renewable energy, recent trends in electricity generation, as well as geopolitical factors reshaping global energy resource trade. This information will be valuable for investors and market participants in the fuel and energy complex
(TEK)
—ranging from oil, gas, and fuel companies to representatives in the electricity, coal sectors, and renewable energy industries.
Oil Market: Pressure from Oversupply and Demand Fluctuation
As the week begins, oil prices remain relatively stable, although the influence of oversupply factors ...
Where Irkutsk Oil Company (INK) Invests?
INK, one of the largest independent oil and gas companies in Russia, has invested 175.3 billion rubles in the development of fields, construction of a gas processing complex, transport infrastructure and environmental projects. Find out how these investments affect the Russian economy, attract investors ...
Why do Turkey and Russia need their own gas hub
He shared his opinion on the creation of a new gas trading hub in Turkey with the readers of the newspaper "Vzglyad."
Turkey and Russia continue to strengthen their energy cooperation, discussing the creation ... ... Europe. Because in spring 2022, sanctions were imposed on Russia, and many European companies were afraid to buy Russian gas, fearing accusations of financing Russia. The... ... Sakarya field in the Turkish part of the Black Sea,” says Sergey Tereshkin, CEO of Open Oil Market.
The reserves of Sakarya are estimated to be at least 540 billion cubic...