bne IntelliNews offers archives via the search engine. If you would like to see all of our award winning content click here and request trial access to our premium product, IntelliNews Pro. If you are already an IntelliNews Pro users click here to login.
Iranian Oil Minister Javad Owji said at the weekend that crude oil and gas condensates would be sold to foreign customers on the Iran Energy Exchange (IRENEX). They would be available to domestic buyers at the same price during a particular period.
News reported last week about Uzbekistan preparing to accommodate Russian gas in its pipelines may not have been true, despite officials initially stating otherwise.
The front-month contract at Europe’s premier TTF gas hub dipped below €50 per MWh ($567 per 1,000 cubic metres) on February 21 for the first time this year, amid easing fears of shortages, warm weather, ample LNG and lower industrial demand.
Perhaps the most painful and expensive exit of Western companies from Russia has been that of Wintershall, Germany’s largest gas company and a subsidiary of the chemical giant BASF.
Europe’s gas storage tanks are 68.8% full, a record high in the last decade, with a little more than one month left of the heating season.
The son tries to escape his father’s shadow, costly breakdowns in gas exports, and Russia has been playing Turkmenistan for a fool. Eurasianet’s weekly briefing.
New pipeline with capacity of up to 1.8 bcm a year will help increase energy security and diversify gas supplies in the region.
Russian pipeline gas flowing to Europe dipped to a record low in January, down 30% compared with supplies in December, while experts warn that there could be significant further downside risk to the country’s deliveries.
The value of imports into Russia in the fourth quarter of 2022 decreased at a slower pace year on year, the Central Bank of Russia (CBR) reported on January 26. The positive ...
While many Russian energy companies have been hit hard by fallout from the war in Ukraine, the country’s second biggest oil producer Lukoil has remained relatively unscathed. The EU ...
Europe faces another energy crisis that may start in the summer, leading gas and power prices to spike again. Europe won this winter’s battle in the energy war with Russian President Vladimir Putin, but will receive even less gas than last year.
Last year was a disaster for Europe as Putin’s energy war wreaked chaos on Europe’s economies by sending up gas prices 20-fold, fuelling run-away inflation and an energy crisis that drove millions into poverty. Another crisis could be coming.
Russian President Vladimir Putin needed a very cold winter. He didn’t get it. As a result, Europe’s gas storage tanks are at record-high levels and the price of gas has crashed on the Dutch TTF exchange to below pre-war levels.
Record-high December and January temperatures have allowed Germany to inject more gas into its gas tanks to hit 90% full as of January 6, from 87% a few weeks ago, in an unprecedented result.
World coal consumption reached a new high in 2022 before levelling out in 2023 and 2024, with rising usage in emerging Asian countries cancelling out falling demand in advanced economies.
In November of this year, Uzbekistan's Sanoat Energetika Guruhi and its Ferghana Oil Refinery (FNPZ) began to operate under a single brand known as Saneg. Saneg is Uzbekistan's largest private oil and gas company.
The world is set to see global GDP plummet by a catastrophic 15% by 2050 if current emissions trends are not reined in and global warming reaches 2.2°C by 2050.
The first train at Novatek’s 20mn tpy Arctic LNG-2 project is still on track to start up in December next year, while the second and third trains should come online in 2024 and 2026 as initially planned, according to a project director.
Solar is set to overtake coal as the world’s leading source of power supply by early 2025, the IEA said