Gazprom: We’re Not Withholding Gas To Europe
Russian gas giant Gazprom dismisses speculation and accusations that it is not supplying enough natural gas via pipeline to Europe, a senior official at Gazprom Export says. So far in Continue Reading
50-Fold Jump In Power Rates Hits UK Metal, Mining Sector
Soaring power prices amid Europe’s gas crunch will have a lasting impact on the bottom lines of mining and metal companies as prices in their long-term electricity supply contracts will Continue Reading
Britain expected to ease visa rules as truck driver shortage bites
Britain is expected to announce plans to issue temporary visas to truck drivers to alleviate an acute labor shortage that has led to fuel rationing at some filling stations and Continue Reading
Analysis: Norway, Russia reap rewards from Europe’s flexible gas market
Norway and Russia are big winners from Europe’s gas price rally as they benefit from volatility after the European Union forced their gas producers years ago to shift away from Continue Reading
Norway 2021 Part 1 (of 2): Exploration, Discoveries and Reserves
Remaining Reserves The increase in remaining C&C reserves that have been seen over the last few years, and have come mostly from growth in Johan Sverdrup, has run its course Continue Reading
Oil Rises From Highest Since 2018 With Global Markets Tightening
Oil held gains near the highest since 2018 amid a global energy crunch that’s set to increase demand for crude, while stockpiles are falling from the U.S. to China. Futures Continue Reading
Oil heads for third week of gains as output stumbles
Oil prices steadied on Friday near a two-month high of $77.50 a barrel and were headed for a third straight week of gains, supported by global output disruptions and inventory Continue Reading
Oil Rises Again With Brent At Three Year High
Shrinking crude supplies have driven Brent to the highest close in three years. Brent crude futures settled at the highest level in almost three years as supplies shrink at a Continue Reading
Oil prices rise on tight supply, renewed risk appetite
Oil prices extended gains on Thursday, riding higher on growing fuel demand and a bigger-than-expected draw in U.S. crude inventories as production remains hampered in the Gulf of Mexico after Continue Reading
Citi Isn’t Ruling Out Natural Gas at $100 in a Frigid Winter
Citigroup Inc. more than doubled its Asian and European natural gas forecasts for next quarter and said prices could surge to as high as $100 per million British thermal units Continue Reading