The European Union has five main sources for natural gas: indigenous production (mostly the Netherlands), Norway, North Africa (Algeria and Libya), Russia and LNG. According to Navigant Consulting’s Global Market Intelligence Database, the total amount […]
Daily Standup Top Stories U.S. Northeast Gasoline Reserve Could Be Sold Off March 4, 2024 Mariel Alumit The U.S. could sell off its 1-million-barrel Northeast Gasoline Supply Reserve in the fiscal year of 2024, a funding […]
OPEC and its allies will maintain their tight grip on oil supply, with several members on March 3 announcing extensions of their voluntary production cuts that had been scheduled to expire at the end of […]
National Grid’s Grain LNG signed a ten-year deal with Algeria’s LNG producer Sonatrach that will extend the latter’s storage and redelivery capacity at the LNG import terminal from January 2029. According to National Grid, this […]
By Charles Kennedy of OilPrice.com, ExxonMobil and Chevron could gain access to Algeria’s vast natural gas resources as the U.S. supermajors are in advanced talks for exploration and production deals in the North African country, […]
At least 17 people have died in Algeria in several cases of carbon monoxide poisoning, emergency services said, as plummeting temperatures push people to use crude heaters emitting dangerous fumes. Nine members of the same […]
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