OSLO, Nov 3 (Reuters) – Europe needs to act now to avoid a natural gas shortage next year given the loss of Russian supply and expectations Chinese demand will increase, the International Energy Agency (IEA) […]
US midstream operator Enterprise Products Partners considers NGLs exports by the US to be an increasingly attractive option for international customers, with high LNG prices forcing some to turn to cheaper sources of power generation. […]
“I am deeply concerned about the potentially severe impact a winter energy shortfall would have on the people and businesses of this region.” The head of Eversource is sounding the alarm to President Biden, urgently […]
Earlier this month, Lebanon and Israel came to an agreement over their maritime border that will open up natural gas fields to both countries and improve stability in the region. With the world dealing with […]
London had previously pledged to phase out purchases of Russian oil by the end of 2022 The United Kingdom will halt shipments of liquefied natural gas (LNG) from Russia as early as January, the Foreign […]
During the first nine months of 2022 Europe’s LNG imports from Russia increased by 50 percent. Some EU countries that previously did not import any or only small quantities of natural gas from Russia now […]
Authored by Tsvetana Paraskova via OilPrice.com, Europe has relied on U.S. LNG imports to offset the loss of Russian gas, with nearly 70% of U.S. LNG exports heading to Europe in September.In the long term, […]
By Alex Kimani of OilPrice.com Whereas supplies of Russian pipeline gas–the bulk of Europe’s gas imports before the Ukraine war–are down to a trickle, Europe has been hungrily scooping up Russian LNG. Europe has been […]
Houston-based Baker Hughes Co. kicked off third quarter earnings season for the oil and natural gas sector on Wednesday, acknowledging challenges but optimistic about the emerging upcycle, with a continuing bullish view for LNG. The […]
ENB Pub Note: So, let me get this straight. We boycott Russian oil because they pick a fight with Ukraine, and then we buy more LNG when they cut the pipelines off? Is this odd? […]
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