Canada’s oil producers face potential headwinds from wildfires, railroad strike

Western Canadian producers remain vigilant and are cautiously optimistic on the face of headwinds they are facing from raging wildfires and an impending railroad strike later this month, industry participants said May 14. So far, no producer has announced any shut-ins and provincial governments in...

https://www.hellenicshippingnews.com/canadas-oil-producers-face-potential-headwinds-from-wildfires-railroad-strike/

Oil output dip, pipeline woes lead South Sudan economy to cliff edge

A months-long halt to South Sudanese crude exports due to a rupture on its export pipeline through war-torn Sudan is pushing the oil-dependent economy to the brink of collapse. Landlocked South Sudan, which has a recent history of civil war, was producing 150,000 b/d of crude oil until February,...

https://www.hellenicshippingnews.com/oil-output-dip-pipeline-woes-lead-south-sudan-economy-to-cliff-edge/

Kazakhstan says it has not requested higher level of oil production from OPEC+ for next year

Kazakhstan has not requested from OPEC+ a higher level of oil production for 2025, a representative of the Ministry of Energy of Kazakhstan Shyngys Ilyasov said on Tuesday, contradicting earlier information that appeared in the media. Earlier, the Interfax news agency reported that a representative...

https://www.hellenicshippingnews.com/kazakhstan-says-it-has-not-requested-higher-level-of-oil-production-from-opec-for-next-year/

Russia targets combating sanctions as Novak role grows in new government

Novak is taking on additional responsibility for economic development and anti-sanctions measures after former economic development minister Andrey Belousov was named new defense minister in a dramatic change of guard during the third year of full-scale war in Ukraine. “Beside the energy sphere,...

https://www.hellenicshippingnews.com/russia-targets-combating-sanctions-as-novak-role-grows-in-new-government/

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