Edition:
United Kingdom

Dmitry Zhdannikov

Exclusive: Arrival of Putin's judo partner squeezed Shell out of LNG project - sources

12 Apr 2019

LONDON/MOSCOW Royal Dutch Shell pulled out of a project to build a Russian liquefied natural gas plant partly because Gazprom suddenly added another partner with links to an ally of President Vladimir Putin, according to five sources.

How Trafigura lost $254 million on oil and gas hedges

10 Apr 2019

LONDON One of the world's biggest traders, Trafigura, booked a $254 million (£195 million) loss from oil and gas market hedges last year, highlighting the challenges traders face when taking large loans to protect against price swings in illiquid commodities.

Russia signals OPEC and allies could raise oil output from June

08 Apr 2019

MOSCOW/LONDON One of the key Russian officials to foster a supply pact with OPEC, Kirill Dmitriev, signalled on Monday that Russia wanted to raise oil output when it meets with OPEC in June because of improving market conditions and falling stockpiles.

Qatar sues Luxembourg, UAE, Saudi banks in FX manipulation case

08 Apr 2019

DOHA/LONDON Qatar filed lawsuits on Monday against three banks, accusing them of causing billions of dollars of damage to its economy by what it called overseas currency manipulation in the wake of an Arab boycott against Qatar in 2017.

Qatar sues Luxembourg, UAE, Saudi banks in FX manipulation case

08 Apr 2019

DOHA/LONDON, April 8 Qatar said on Monday it had filed lawsuits against three banks, accusing them of using what it called overseas currency manipulation to sabotage its economy in the wake of an Arab boycott against the country in 2017.

RPT-EXCLUSIVE-Saudi Arabia threatens to ditch dollar oil trades to stop 'NOPEC' - sources

08 Apr 2019

LONDON/DUBAI, April 5 Saudi Arabia is threatening to sell its oil in currencies other than the dollar if Washington passes a bill exposing OPEC members to U.S. antitrust lawsuits, three sources familiar with Saudi energy policy said.

Exclusive: Saudi Arabia threatens to ditch dollar oil trades to stop 'NOPEC' - sources

05 Apr 2019

LONDON/DUBAI Saudi Arabia is threatening to sell its oil in currencies other than the dollar if Washington passes a bill exposing OPEC members to U.S. antitrust lawsuits, three sources familiar with Saudi energy policy said.

Saudi-Arabien zeigt USA im Streit über Opec-Kartell die Zähne

05 Apr 2019

London/Dubai Im Streit über die Ölpreise zeigt Saudi-Arabien den USA die Zähne: Das Königreich droht damit, Geschäfte mit dem Rohstoff nicht mehr in Dollar abzuwickeln.

Exclusive: U.S. orders foreign firms to further cut down on oil trades with Venezuela

28 Mar 2019

LONDON The United States has instructed oil trading houses and refiners around the world to further cut dealings with Venezuela or face sanctions themselves, even if the trades are not prohibited by published U.S. sanctions, three sources familiar with the matter said.

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