Securing Energy for Europe Holding GMBH (SEFE) has signed up for a 20-year purchase of 2.25 million tons per annum (MMtpa) from Venture Global LNG Inc., in a deal that is touted to make the […]
(Bloomberg) — Pakistan failed in its first attempt in about a year to buy liquefied natural gas from the spot market, with no suppliers of the power-station fuel offering cargoes. No companies responded to Pakistan […]
(Bloomberg) — Industrial demand for gas in Europe’s largest nations remains depressed despite lower prices, as an economic slowdown weighs on consumption and customers pivot toward renewable energy. Demand for the fuel in Germany, Italy, […]
Tajikistan and Turkmenistan are collaborating on the creation of a transport corridor that will connect Asia and Europe. The proposed transport corridor is expected to enhance both countries’ strategic significance, providing a vital link for […]
Authored by Tsvetana Parskova via OilPrice.com, The European Union could move to ban imports of Russia‘s pipeline gas by the end of this year if it puts preliminary measures in place, Walter Boltz, energy advisor […]
Panama Canal officials have enforced a vessel draft restriction because of a severe water crisis. We noted in a piece weeks ago titled “Panama Canal Hit By Shipping Restrictions As Water Crisis Set To Worsen” […]
European natural gas prices erupted Friday for the largest daily gain in a year as Bloomberg pointed out, “Traders reassess supply risks amid signs of global competition for the fuel and a heat wave bearing […]
June 1, 2023 Data source: S&P Global Commodity Insights, China National Bureau of Statistics, China Energy Statistical YearbooksNote: Industrial consumption includes natural gas feedstock. Other includes district heating and transport. In 2022, annual […]
(Bloomberg) — Indonesia will consider new limits on exports of liquefied natural gas, a potential extension of trade curbs that’ve previously disrupted nickel to coal and palm oil markets. The nation wants to ensure adequate […]
Valero takes Venezuelan crude in February Houston, 28 April (Argus) — US independent refiner Valero received crude from Venezuela in February, adding to the list of US refineries that are absorbing volumes from the South […]
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