Focus on Economy
EU hydrogen plans must be supported by subsidies, regulations: energy execs
European governments will need to offer energy companies subsidies and regulatory support to produce renewable hydrogen to make the transition to clean fuels...
Russia does not rule out LNG exports stagnating in next 4 years
Russia's LNG exports could stagnate in the next four years, two Economy Ministry scenarios suggest. Is this a sign that Western sanctions might...
Canada’s finance minister: $5B just a start for Indigenous loan guarantee program
The $5-billion announced for an Indigenous loan guarantee program in Canada's 2024 budget is just a start: Finance Minister Chrystia Freeland
‘Five Eyes’ working to fight critical minerals dumping: Canada’s finance minister
Canada and its Five Eyes Alliance partners are working on put forward a response to tackle the price manipulation of critical metals: Finance...
Russia cuts crude oil export price forecast to $65 per barrel in 2024-27
The Russian economy ministry has downgraded its forecasts for the country's crude oil export prices for the next three years to $65 per...
Europe’s ability to survive a cold winter hasn’t been tested, energy execs say
AMSTERDAM – Europe has successfully survived the worst energy crisis in decades thanks to demand reduction and a couple of mild winters, but...
Chile’s president says Codelco output to grow; touts investment climate
SANTIAGO — Chilean President Gabriel Boric told a major copper industry conference last week that he expects production at state-run miner Codelco to...
Oxford Institute for Energy Studies: Volatility in electricity markets
The Oxford Institute for Energy Studies has published a paper on the difficulty of hedging against price volatility in electricity markets — and...
