Russia’s natural gas reserves will last for more than a century, Alexey Miller, chairman of the board of gas giant Gazprom, said on Friday. “Gas reserves in Russia, Gazprom’s gas reserves are the largest in the world. […]
Iran’s power market is bucking global trends and in the process revealing a key economic buffer that helps the country withstand international sanctions. While European electricity prices spiked over the last month, shutting down energy-intensive industries and […]
It has been a shift in commodity matrices like never before, where supply and demand are still critical, but not the only factors. Geopolitical, natural gas hunger, low supplies in Europe and Asia, and no […]
Gazprom PJSC needs to store nearly as much natural gas at home to keep Russians warm this winter as it currently ships to its top customer Western Europe every day, Bloomberg calculations show. The Russian gas […]
European energy executives warned of a difficult winter ahead as natural gas prices soar to records, a grim prospect for households and businesses recovering from the global pandemic. Gas prices in Europe are breaking records […]
Lukoil PJSC, Russia’s second-largest oil producer, has enough spare capacity to restore output to pre-pandemic levels, indicating that OPEC+ cuts haven’t had any significant impact on its production potential. The company has about 90,000 barrels a […]
A German regional court this week refused Russian energy giant Gazprom’s appeal to exclude the Nord Stream 2 pipeline from EU rules requiring gas producers to be legally separate from distributors. The judgment doesn’t affect […]
OPEC and its allies are expected to press on with their planned revival of oil production when they meet next week, as prices bounce back from their August stumble. The coalition led by Saudi Arabia […]
ENB Publishers Note: Turkmenistan is rich in natural resources, and has a direct line to key destinations for every country in the region. Not only are they going to be receiving huge numbers of refugees, […]
German emissions from electricity generation increased in the first half of 2021 by one-quarter, or 21 million tons, according to German think tank Agora Energiewende. Gas-fired power plants increased 15%, coal power plants by 36%, and hard […]
Copyright © 2021 | Sandstone Group
