RUSSIA SANCTIONS FOREVER
PLATTS - Nearly a dozen US legislative bills targeting Russia's energy sector will die when the current Congress leaves Washington, but the new Congress seated in January is expected to keep the same pressure on Moscow.
Past measures likely to be revived include sanctions against Russian state-owned Gazprom's Nord Stream 2 natural gas pipeline to Germany, banning investment in Russian crude production and new international energy projects supported by Moscow, blocking oil and refined product imports from Russia to the US, and banning dollar-denominated…
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South Korea's economy has been pushing to shed its heavy reliance on coal and nuclear power, with the latest target coming on top of a 2017 plan to increase the amount of renewables in its energy mix to 20 percent by 2030.
The International Monetary Fund (IMF), has forecast the UAE’s nominal Gross Domestic Product (GDP) to grow 4.7 percent to AED1.673 trillion in 2019, compared to AED1.589 trillion a year ago.
the goods and services deficit was $49.4 billion in February, down $1.8 billion from $51.1 billion in January,
BHGE - U.S. Rig Count is down 10 rigs from last week to 1,012, with oil rigs down 8 to 825, gas rigs down 2 to 187, and miscellaneous rigs unchanged at 0. Canada Rig Count unchanged from last week at 66, with oil rigs up 1 to 19 and gas rigs down 1 to 47.