Protests erupted overnight in Cuba after the government said it had run out of diesel and fuel oil, the energy supplies essential to its power generation. #OOTT#Cuba
Ford shares surge after launch of power unit for data centres
—New subsidiary pivots to energy storage batteries for AI after disastrous electric vehicle writedown — @TCommodity#OOTT
FT Exclusive: In one of the first major examples of defence co-operation between the two states, Israel sent sophisticated weapons systems to the United Arab Emirates to help defend the Gulf monarchy against Iranian missiles and drones. https://t.co/CueeqNGImZ
@barbaracarfagna@AdolfoRossi1 Concordo 100. Stiamo entrando in una nuova architettura
1) UAE aveva chiesto swapline giorni fa
2) stamattina XRG ADNOC (FT) dice che investirà billions $ US (gas value chain)
3) arriva annuncio uscita OPEC
Qatar esce nel 2019 perché il focus è il GAS. Wait and see
While China reopens to jet fuel —Treasury Warns of Sanctions Risks Linked to China-Based Independent “Teapot” Oil Refineries | U.S. Department of the Treasury #OOTT#IranWar https://t.co/192Y2qX9PC
Ludoil della famiglia Ammaturo vuole acquisire Isab, la raffineria più grande d'Italia, dal fondo cipriota Goi Energy. Quest'ultimo, però, deve gestire le richieste della ex-proprietaria, la compagnia russa Lukoil, che chiede 150 milioni di euro.
https://t.co/bdjizlR2Y3
US Treasury publishes an "alert," warning banks about the sanctions risks of dealing with independent Chinese oil refineries ('teapot') due to their purchases of Iranian oil.
(I have my doubts about the efficiency of the alert, considering yuan-based payment for Iranian oil)
@negrialbe@PeppeAmicarelli Prima di ciò (stamatt) esce che ADNOC XRG vuol investire “billions” in US - mentre SaudiA esporta in MarRosso - UAE cerca maggiore spazio - via Oman? (Nel 2019 Qatar esce da OPEC). Potrebbe esse una strategia di diversificazione di lungo periodo e ridotto impatto di Hormuz …
—That may be a sign that Chinese refineries have access to oil from the country’s strategic reserves or from Iranian sellers, or it could signal optimism that the Strait of Hormuz is close to reopening, he suggested— @TCommodity#OOTT#China#IranWar
@BeckyCNN@AlOraibi Qatar left in 2019. 1) among OPEC countries UAE is best positioned to diversify south Hormuz (through OMAN) 2) gas is a reasonable explanation too. 3) This morning ADNOC XRG mentioned bln $ to be invested in US in the gas value chain. #OOTT#OPEC
@TCommodity Make sense. Also because in terms of spare capacity: 1) Iraq Kuwait have lower spare and locked by Hormuz. Saudi can increase capacity/diverting to Red Sea. UAE can diversify through Oman. China is happy, US has the swap line and tens of bin $. EU not at the table so far …
The Iran war is testing the foundations of the petrodollar system that has since 1974 been at the basis of an oil-for-security bargain between the US and Gulf states #OOTT#Petrodollar
Oil and gas companies including Norway’s Equinor and a lobby group backed by Shell, TotalEnergies and ConocoPhillips have backed calls for the EU to drop an effective ban on future drilling in the Arctic. #OOTT