Tuesday, July 14, 2026

EU Expresses Horror at Brexit Vote, Refuses to Reopen Deal

From Bloomberg The European Union said it was horrified by the massive scale of the U.K. Parliament defeat of the Brexit deal agreed to with Prime Minister Theresa May but said there was no option to renegotiate. Diplomats said they were stunned by the extent of the loss. As they tried on Tuesday night to plot the EU response, they

Russia, China

Russia Eyes Island Storage for Arctic LNG Amid China Demand Boom

From Bloomberg Russia’s Novatek PJSC is looking at storing liquefied natural gas produced in the Arctic on Japan’s southern island of Kyushu so it can better meet spot demand from China and cut shipping costs. Saibu Gas Co., which last month signed a preliminary deal to allow Russia’s biggest LNG producer to use its storage facilities, said Wednesday it may build two

Mexican Oil Theft Even Reached Drilling Rigs, President Says

From Reuters Mexican President Andres Manuel Lopez Obrador said on Tuesday that widespread fuel theft extended to oil drilling platforms and he pledged to take actions to alleviate shortages sparked by his crackdown on gasoline thieves. Lopez Obrador said there had been “acts of sabotage at crude oil drilling platforms,” without providing further details. “We have identified the problem and