Gas and power prices jumped after news that Gazprom was cutting gas flows via the Nord Stream pipeline to 40% of capacity . How will prices respond if Russian gas supply to Europe
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Gas and power prices jumped after news that Gazprom was cutting gas flows via the Nord Stream pipeline to 40% of capacity . How will prices respond if Russian gas supply to Europe
ConocoPhillips became the third partner in QatarEnergy's North Field LNG expansion as Qatar's energy minister warned that natural gas and oil prices that are "too high" will destroy demand. A joint venture between
Crude oil futures were higher in mid-morning trade in Asia June 21, extending overnight gains as recessionary fears that plagued markets in recent weeks receded and investors returned focus to bullish near-term fundamentals.
Oil and gas markets may be tight for another three to five years as the industry tries to catch up with underinvestment in new production due to the pandemic, ExxonMobil CEO Darren Woods
China imported 2.12 million mt of LPG, comprising both propane and butane, in May, up 7.1% month on month, mainly supported by a strong rebound in butane imports due to a demand recovery,
Norway's crude production fell by 2.5% on the year in May and by 2.6% compared with April 2022, data published June 21 showed, as the industry heads for summer maintenance and operators prioritize
ExxonMobil is in talks with the US government to accelerate the Golden Pass LNG project, CEO Darren Woods said June 21. The project is on time but ExxonMobil is trying to get approval
Top African oil producers Nigeria and Angola are unlikely to meet current OPEC output quotas for at least another year as persistent underinvestment and maintenance issues have crippled energy facilities, according to the
Croatia plans to expand the capacity of its floating LNG import terminal at the island of Krk to 6.1 Bcm/year, Prime Minister Andrej Plenkovic said June 20, in order for Croatia to play
The European Commission is looking to strengthen the EU's industrial value chains and will be preparing a legislative proposal to increase domestic production of magnesium and other critical raw materials as indicated in