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Azerbaijan Overfulfills Obligations Under OPEC+ Deal

Παρ, 15 Ιουλίου 2022 - 17:59

Azerbaijan produced 632,400 barrels of oil per day, including condensate in June 2022, of which 523,500 barrels accounted for crude oil and 108,900 barrels were condensate, Trend reports citing the country’s Energy Ministry

Russian Exporters of Liquefied Gas will deliver to Bulgaria via Georgia

Τετ, 13 Ιουλίου 2022 - 19:04

Russian exporters will begin shipping liquefied petroleum gas (LPG or propane-butane) to Bulgaria via the Black Sea port of Poti in Georgia as traditional export routes remain closed, Reuters reports

Rupee Settlement Will Help India Trade With Russia, Iran: Experts

Τετ, 13 Ιουλίου 2022 - 17:44

On Monday, the Reserve Bank of India said it had put in place a mechanism for international trade settlements in Indian rupees (INR) with immediate effect

EIA Forecasts Brent Pice Around $104 in 2022, $94 in 2023

Τετ, 13 Ιουλίου 2022 - 11:43

The Brent price will average $104 per barrel in 2022 and $94 per barrel in 2023, according to the US Energy Information Administration (EIA) on late Tuesday.

Shell to Shut Down Prelude LNG Due to Labor Dispute

Τρι, 12 Ιουλίου 2022 - 09:38

Shell is shutting down production at its Prelude floating liquefied natural gas (FLNG) facility offshore Western Australia after union workers rejected the company's major’s latest offer to improve pay and working conditions.

Serbia: Natural Gas Price Up 9% As of August 1

Σαβ, 9 Ιουλίου 2022 - 16:12

The price of natural gas in Serbia is set to increase by 9% starting on August 1, Srbijgas, the company distributing gas in the Balkan country, announced on Thursday. In a statement posted on its website, the company said that as of August 1 the price will be updated to 28,94 dinars per cubic meter

Top U.S. LNG Producer Cheniere Asks Biden Admin to Drop Pollution Rule

Σαβ, 9 Ιουλίου 2022 - 16:08

Cheniere Energy Inc (LNG.A) has asked the Biden administration to exempt it from limits on emissions of carcinogenic pollutants, arguing they would force the top U.S. exporter of liquefied natural gas to shut down for an extended period and jeopardize the country’s efforts to speed up supplies to Europe, according to documents reviewed by Reuters

Siemens and Doosan Plan Partnership in Korean Offshore Wind Market

Πεμ, 7 Ιουλίου 2022 - 13:53

Siemens Gamesa and Korean Doosan Enerbility signed a non-binding Memorandum of Understanding (MoU) to investigate strategic cooperation within offshore wind power activities on Sunday.

Shell on Cusp of Albanian Discovery that Could Change Europe’s Energy Future, Rama Says

Τετ, 6 Ιουλίου 2022 - 20:01

Dutch energy giant Shell is on the verge of discovering major gas and oil reserves in Albania, Prime Minister Edi Rama told Dutch journalists on Monday, in a development that has the potential to change the energy future of Europe

European Parliament Backs Listing Nuclear Energy, Gas As 'Green'

Τετ, 6 Ιουλίου 2022 - 19:50

The proposal to label natural gas and nuclear energy as "green" as a guide for private investors was met with resistance along the way. But EU lawmakers ultimately gave it the green light

Aramco to Accelerate Low-Carbon Energy Research

Τρι, 5 Ιουλίου 2022 - 10:06

Saudi Arabian Oil Company (Aramco) inaugurated the Aramco Research Center to accelerate the development of low-carbon solutions for the energy industry using advanced analytics on Monday.

Norway Strike Could Cut Gas Output by 13% Next Week

Τρι, 5 Ιουλίου 2022 - 10:00

A planned strike by Norway's oil and gas sector workers is poised to have a substantial impact on gas exports, with losses of about 13% of the country’s daily gas exports, the Norwegian Oil and Gas Association (NOG) announced on Monday.

Germany Warns of Russian Gas ‘Blockade’ as Uniper Holds Talks on Emergency Measures

Παρ, 1 Ιουλίου 2022 - 19:04

Germany bracing for natural gas supply crunch, but strain is already showing for some companies forced to replace Russian gas on the spot market without passing on costs