Major oil producers are concerned about the price cap imposed by the Group of Seven nations on Russian crude exports, Oman’s energy minister, Salim Al-Aufi, said in an interview with Bloomberg. The limit on Russian seaborne oil, set at $60 per barrel, was introduced by the EU, the G7 countries, and Australia on December 5.…

Austrian energy major OMV has been ramping up purchases under its long-term contract with Gazprom Austrian energy conglomerate OMV purchased an average of 5.4 terawatt-hours –or over 55 million cubic meters– of Russian natural gas on a monthly basis last quarter, according to a statement from the company on Tuesday.

A Reuters report revealed the Pentagon spread disinformation about Sinovac shots in Asia at the height of the pandemic The alleged Pentagon-staged social media campaign targeting China’s Covid vaccine was likely a case of trying to suppress competition, Marcello Ferrada de Noli, a Swedish epidemiology professor emeritus and former research fellow at Harvard Medical School,…