Energy
EU is likely to keep buying Russian LNG
EU officials have shelved plans to impose a ban on Russian LNG imports
Anger will mount at yet another Puerto Rico blackout
The island suffered another major power blackout yesterday, barely three months after the last one
Saudi debt drive is unlikely to decelerate
Saudi Arabia faces an uncertain oil outlook, undercutting financing needed to move with economic diversification plans
Saudi ArabiaBulgaria’s US-sanctioned Peevski set to gain influence
The Alliance for Rights and Freedoms has withdrawn its support from the government, as a no-confidence motion is tabled
BulgariaWeak demand and solid supply will weigh on oil prices
The IEA today markedly reduced its forecast for oil demand growth this year, after OPEC did this yesterday
InternationalEU’s Russia sanctions could face their biggest test
The renewal of EU sanctions on Russia requires unanimous approval from member states
RussiaReforming Kuwait’s oil sector could boost investment
Two state-owned oil companies are set to merge as part of restructuring the hydrocarbon sector
Kuwait