Gazprom’s recently announced unplanned three-day shutdown of the Nord Stream gas pipeline next week sent European natural gas prices to new highs as supply concerns returned in full. The new Russian gas curtailment to Germany […]
LONDON, Aug 24 (Reuters) – Energy companies reaping record profits from soaring oil and gas prices have helped global dividend payments to shareholders soar above pre-pandemic levels and to a record quarterly high, data showed […]
TOKYO, Aug 24 (Reuters) – Japan will restart more idled nuclear plants and look at developing next-generation reactors, Prime Minister Fumio Kishida said on Wednesday, setting the stage for a major policy shift on nuclear […]
Saudi Arabia’s energy minister has said that all options are on the table for Opec-plus, as it seeks to calm a “yo-yo” oil market that he views as a threat to energy security and the […]
While we are being distracted by Ukraine, President Putin has advanced his geopolitical goals materially. Aided and abetted by President Xi, Putin is taking the Asian continent into his control. That mission is well on its […]
Natural gas prices around the world are skyrocketing, but prices in Europe make up the lion’s share. These currently match those of oil if it were sold for $ 410 a barrel. Four times the […]
PUTIN’s decision to let international observers into Zaporizhzhia nuclear plant to run safety inspections might indicate “common sense has penetrated into some areas of the Kremlin”. Former Secretary General of NATO Lord George Robertson reacted […]
Here we go again. This morning, the notoriously volatile natural-gas futures, which have taken down numerous hedge funds over the years, jumped to nearly $10 per million Btu and currently trade at $9.75, the highest […]
The Bulgarian government has decided to accept only one of the agreed seven liquefied gas supplies from the US company Cheniere, despite the price being almost €30 lower than that offered on European gas exchanges. […]
Gazprom revealed on Twitter that gas supplies via the Nord Stream pipeline will be suspended from August 31 to September 2 for maintenance works. “On August 31, 2022, the only gas compressor unit that is […]
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