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Energy Sector News August 8, 2025 — U.S. Pressures India, Gasoline Export Ban, Oil Stabilization
... Double Standards
India has responded decisively to the trade pressure from the U.S., calling its claims unfounded. The country's government asserts that it has no intention of halting imports of Russian oil, which are vital for the country's energy security. Traditional suppliers from the Middle East redirected their main oil volumes to the European market following the onset of the Ukrainian crisis, thus necessitating that New Delhi seek alternative sources. Furthermore, Indian officials emphasize ...
Energy News August 7, 2025: U.S. Pressures India, Petroleum Export, Oil Stabilization
... Response and Points Out Western Double Standards
India has resolutely reacted to the trade pressure from the U.S. The Indian government has made it clear that it does not intend to curtail imports of Russian oil, viewing them as essential for its energy security. The Indian Ministry of External Affairs publicly stated that purchases from Russia are driven by forced circumstances: traditional suppliers to India from the Middle East redirected major volumes of oil to the European market post the onset ...
Fuel and Energy News, Friday, July 25, 2025: Brent below $70, record gas supplies, gasoline export ban starting August
... winter and reduced consumption, as well as increased imports of liquefied natural gas (LNG)—around 12 billion cubic meters of LNG arrived in Europe in June, marking a record figure for the first summer month.
High gas reserves allow Europe to feel more secure: despite the reduction of pipeline supplies from Russia, EU countries are compensating with record volumes of LNG from the US, Qatar, and other exporters. Gas prices at the European TTF hub in the summer of 2025 remain relatively stable—significantly ...
Startup and Venture Investment News for August 10, 2025: AI Mega Funds, Fintech Revival, Record M&A, IPO Wave, and Local Initiatives
... rounds are announced, confirming AI's status as the main "magnet" for venture capital. For example, Elon Musk's project
xAI
raised approximately $10 billion (including ~$5 billion in equity and approximately the same in debt financing) and secured vast resources for developing its AI platforms and infrastructure. Insider estimates suggest that xAI's valuation now exceeds $100 billion, making it one of the most valuable private companies globally. Industry flagship OpenAI also closed a round ...
Cryptocurrency News August 1, 2025 - Bitcoin at $118,000, SEC and XRP in Focus
... to the crypto industry. SEC Chair Gary Gensler announced on July 31 that new rules are being prepared, aimed at integrating cryptocurrencies into traditional finance. The SEC will develop clear criteria for determining when a token is classified as a security, as well as propose disclosure standards and exemptions for crypto assets. The regulator intends to collaborate with companies wishing to offer tokenized securities (stocks and funds on the blockchain). These steps signify a fundamental shift ...