On February 10, Russian Deputy Prime Minister Alexander Novak announced that Russia plans to cut its crude oil production by 500,000 barrels per day in March—that is, by approximately 5 percent of its total output at the time of writing. The Kremlin has described the move as retaliation for the Western sanctions regime and price caps (Interfax.ru, February 10). However, market observers reject this explanation, instead stipulating that Moscow has been forced to adjust its oil production due to the impact of sanctions coupled with various…
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IEA Warns Of Higher Oil Prices After OPEC+ Announcement
Oil prices are now a lot more likely to rise after OPEC+ extended the cuts into 2024 and Saudi Arabia announced an additional reduction of 1 million bpd for July, Fatih Birol, the Executive Director of the International Energy Agency (IEA), was quoted ...
3 Greek Tax Incentives To Have On Your Radar in 2022
Portugal’s Non-habitual Tax Residency (NHR) program is fairly famous – and very much in demand. But Greece’s offering is nothing to be sneezed at either. Today, we look at three of the country’s most attractive tax incentives that might put Greece on the top of your Plan B list… Three attractive tax incentives to put […]
Goldman Sachs Warns ESG Investors Against Rushing To Divest From Oil And Gas
Investors focused on the ESG rush to divest from oil and gas should focus instead on investment in renewables and other forms of low-carbon energy supply, Michele Della Vigna, Goldman Sachs’s head of natural resources research, told Bloomberg on Monday...
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IEA Warns Of Higher Oil Prices After OPEC+ Announcement
Oil prices are now a lot more likely to rise after OPEC+ extended the cuts into 2024 and Saudi Arabia announced an additional reduction of 1 million bpd for July, Fatih Birol, the Executive Director of the International Energy Agency (IEA), was quoted ...
3 Greek Tax Incentives To Have On Your Radar in 2022
Portugal’s Non-habitual Tax Residency (NHR) program is fairly famous – and very much in demand. But Greece’s offering is nothing to be sneezed at either. Today, we look at three of the country’s most attractive tax incentives that might put Greece on the top of your Plan B list… Three attractive tax incentives to put […]
Goldman Sachs Warns ESG Investors Against Rushing To Divest From Oil And Gas
Investors focused on the ESG rush to divest from oil and gas should focus instead on investment in renewables and other forms of low-carbon energy supply, Michele Della Vigna, Goldman Sachs’s head of natural resources research, told Bloomberg on Monday...
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