Tag: gas
Today, Thursday, July 21 (2022), Russian gas began flowing again to Europe as soon as maintenance operations were completed on Nord Stream 1 after an interruption of about 10 days. According to the data, Russia resumed pumping gas through the Nord Stream 1 pipeline early in the morning of Thursday, July 21 (2022), and this […]
European energy companies are facing many challenges, amid continuing to bleed losses and debts, and searching for ways to finance their businesses, whose costs have increased in light of the rise in oil and gas prices. And energy prices in Europe this year (2022) reached record levels, in the wake of the Russian invasion of […]
The International Energy Agency expects natural gas demand to decline slightly this year, with growth slowing further over the next three years. In a gas market report issued today, Tuesday (July 5), the Energy Agency attributed its expectations of a contraction in global gas consumption to high prices, with fears of more gas supplies being […]
Gas and coal prices continue to rise to record levels that will boost Australian revenues next year (2023), as it seems that the repercussions of the Russian invasion of Ukraine will not be enough to stand behind market volatility during the current year (2022). Revenues from the metals and energy sectors in Australia are supported […]
Norway has boosted its production of natural gas at the expense of crude oil, in an effort to secure alternative supplies to compensate European countries for Russian gas, which meets nearly half of the old continent’s needs. Europe is the largest consumer of Russian gas, which flows to its countries through a network of pipelines […]
Spot market prices for LNG tankers this week set annual records, with more long-term leases; This limited the supply of ships to the spot market. This was caused by increased demand for LNG and buyers’ shunning of Russian cargo and ships, following its invasion of Ukraine, according to Putin & Partners, a ship brokerage and […]
Many countries, led by Turkey, are seeking to secure their natural gas needs by concluding agreements and contracts with producing countries, after gas prices in the spot market witnessed record increases during the recent period. In this context, the Turkish Minister of Energy and Natural Resources, Fatih Donmez, announced the conclusion of a deal with […]
Today, Shell International resumed shipment of liquefied natural gas (LNG) from the Prelude facility, the world’s largest floating LNG terminal, located off northwest Australia, after a 4-month shutdown due to a major blackout. A Shell spokesman said that a shipment of liquefied gas had completed its loading and had left the site, yesterday evening, Sunday, […]
Because of rising heating demand, the price of natural gas in the United States is set to reach its highest level since 2008. On Monday, U.S. natural gas futures rose about 5%, putting the contract on track for its highest close in 13 years, on higher-than-expected heating demand and as much higher global gas prices […]
Once again, gas prices in Europe jumped to new records; Where the price on the European stock exchanges broke records for the fourth consecutive day; Exceeding $3,600 per 1,000 cubic metres. The price of gas has risen more than 67% since the beginning of trading, while the price of April futures contracts, according to the […]
