Shell Finance Chief flags unpredictability in the timing of global LNG supply
Shell, the largest LNG trader in the world, announced on Thursday that there is uncertainty regarding the long-term supply of LNG due to the uncertain timing of new LNG projects around the globe.
Singapore sets up company to purchase green jet fuel
The Civil Aviation Authority of Singapore (CAAS) announced Thursday that Singapore will purchase sustainable aviation fuel via a newly established company by the government as part…
The price of gas in Europe is rising as a result of a lower Norwegian supply and milder temperatures
The wholesale gas price in the Netherlands and Britain rose on Wednesday morning, as a lower supply of gas from Norway was due to maintenance. This was offset by a weaker demand because of milder weather.
Spot prices are affected by the increased supply of wind and nuclear energy
The European power price fell on Wednesday, as the availability of nuclear and wind generation increased while demand was flat. The LSEG analysis concluded that the thermal capacity was higher and that exports from Germany…
EU pools companies' requests to buy more non Russian gas
In the coming weeks the European Union will begin pooling the demand for gas from European companies, said its energy commissioner, as it attempts to accelerate its efforts to phase-out Russian energy.
DET assigns Brunsbuettel regasification slot for LNG in 2026
Deutsche Energy Terminal announced on Tuesday that it had auctioned all of the regasification slots offered for the Brunsbuettel LNG terminal for the period January 2, 2019 to May 26, 2019.
Indian refiners pause new Russian oil orders, await clarity, sources say
Sources told Reuters on Tuesday that Indian refiners had not placed any new orders to purchase Russian oil since the sanctions were implemented, because they awaited clarification from both the government and their suppliers.
Next week, Orban will meet with Trump to discuss oil sanctions
Peter Szijjarto, the Foreign Minister of Hungary, said that Viktor Orban would discuss U.S. Sanctions on Russian Oil Companies and other topics when he meets Donald Trump next week in Washington.
Urals Shipping Rates to India Rise in October
Freight rates for shipping Urals crude from Russia’s western ports to India rose sharply in October, driven by strong export volumes and mounting sanctions pressure, industry sources told Reuters.U.S.
US and Qatar fill the gap left by EU's ban on Russian LNG imports
PARIS/LONDON - According to analysts and data, the European Union can replace Russian LNG imports from 2027 with an alternative supply without any major price shocks. This is due to…
What international sanctions are in place against Russia?
Here's a list of some of thousands of international sanctions that have been imposed against Russia for its invasion of Ukraine. Energy Companies - On October 23, U.S. president Donald…
Qatar Energy Minister: Gas producing countries must be clear about their opposition to trade barriers
Qatar's Energy minister Saad Al-Kaabi stated on Thursday that gas-producing countries should make it clear that they are against trade barriers and "discriminatory" measures that disadvantage energy products.
Fico, the PM of Slovakia, says that Slovakia is likely to support a new EU sanctions package against Russia
Robert Fico, the Prime Minister of Slovakia, said that the country, which had been a skeptic about the 19th package of sanctions against Russia from the European Union, will now support the measures…
EUROPE GAS-European Gas Prices Little Changed on Higher Wind and Colder Weather
The Dutch and British gas price ranges were mostly unchanged on Wednesday morning. Strong winds will offset the colder weather that is expected in the next few days, but early November should be milder…
EU considering classifying ethanol used in biocidal products, according to FT
Financial Times reported that the European Union may consider classifying ethanol, which is used in biocidal hand sanitizers and other products to reduce bacteria, as a hazardous substance due to increased cancer risks.
Poland, US Look to Boosting US LNG to Central Europe
Top Polish and U.S. energy officials discussed a potential boost of supplies of U.S. liquefied natural gas (LNG) via Poland to Central Europe to reduce the region's dependence on Russian gas…
EU agrees to end Russian gas imports gradually by January 1, 2020
The Council of the European Union reported that the EU energy ministers backed on Monday the proposal to eliminate Russian gas and oil imports into the EU by January 2028. At a meeting held in Luxembourg…
Minister of Industry: Japan will act in its national interest regarding Russian energy
When asked on Tuesday about Russian energy imports, Japan's trade minister Yoji Muto responded that the country would act in its own national interest while maintaining close coordination…
EUROPE GAS-European gas prices rangebound amid softer demand
Gas prices in the Netherlands and Britain traded within a narrow range Tuesday morning as temperatures remained stable and heating demand was lower. The supply of LNG and Liquefied Natural Gas (LNG)…
EBRD may lend up to $1,5 billion for Central Asia Hydro Plant
The European Bank for Reconstruction and Development (EBRD) could lend up $1.5 billion for an Central Asian hydropower station, according to its president. He also noted that the demand…