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 […]
Oil prices extended their gains to more than 5% during trading on Tuesday, with Brent crude rising above $104, as fears of a possible supply disruption with the Russian invasion of Ukraine overshadowed talk of a coordinated global release of crude stocks to calm markets. Oil prices ended their trading, yesterday, with a rise of […]
Gazprom Shares Fall 40% On The Moscow Stock Exchange The Russian Gazprom share price fell by 40% on the Moscow Stock Exchange, at 01:30 GMT The decline in Gazprom’s stock came after Russian President Vladimir Putin announced that he had ordered the start of a military operation inside Ukrainian territory, despite the international rejection of […]
Bulgaria is looking to join forces with Greece, Serbia and North Macedonia to create a single gas market, in order to improve diversification of natural gas supplies, in light of the rise in European gas prices to record levels. Southeast European countries have historically relied on imports of Russian natural gas, but can also receive […]
2021 saw significant growth in demand for LNG-powered vessels on the high seas. More than 10 operators announced multiple orders for vessels throughout the year; This reflects the awareness of shipowners and operators of the environmental and climate benefits of using LNG. A new report, “Liquefied Gas as a Transition Fuel”, released by the Multi-Sectoral […]