USA Oil Groups React to Biden Measures
The API, AXPC and EWTC have had their say. Several U.S. oil and gas associations have reacted after the Biden administration revealed that it was taking additional energy measures . Continue Reading
U.S. natgas languishes near 7-month low after big storage build
U.S. natural gas futures fell to their lowest since March on Thursday, after a federal report showed a larger-than-expected storage build last week and as the market is expected to Continue Reading
U.S. LNG Production Declines Despite Robust Demand
The flow of natural gas to liquefaction plants along the Gulf Coast has declined in October, largely due to maintenance and outages. S. LNG exports could start to rise this Continue Reading
U.S. says Iranians in Crimea helping Russia use drones against Ukraine
U.S. says Iranian drones used to attack Ukraine Drone strikes destroy Ukrainian power, water facilities Ukraine seeks to cut power use by a fifth Battle for southern city of Kherson Continue Reading
Energy crunch pits Germany against frustrated EU leaders seeking gas cap
Prime ministers of Italy and Belgium were among those to air frustration on Thursday with Germany’s refusal to cap gas prices as the 27 European Union leaders met for a Continue Reading
France, Spain and Portugal agree to build Barcelona-Marseille gas pipeline
Spain, Portugal and France said on Thursday they will build a sea-based pipeline to carry hydrogen and gas between Barcelona and Marseille, substituting plans to extend the so-called MidCat pipeline Continue Reading
Hungary will not agree to EU gas price cap, will need exemption
Hungary will not agree to an EU price cap on imported gas because it would end Russian deliveries, a senior aide to Prime Minister Viktor Orban said, adding that if Continue Reading
German Government May Have To Inject Another $39 Billion In Energy Giant Uniper
The German government may have to pour another up to $39 billion (40 billion euros) in saving the country’s largest natural gas importer, Uniper, on top of a multi-billion euro Continue Reading
Ukraine Facing Nationwide Power Outages After Russian Strikes
For the first time since Russia invaded, Ukraine is facing large-scale nationwide disruptions to electricity and rolling blackouts from extensive damage to the country’s power infrastructure from Russian missile attacks Continue Reading
Germany’s parliament approves 200 billion euro fund to tackle energy crisis
Germany’s parliament on Friday approved the government’s 200 billion euro ($195 billion) rescue package that aims to protect companies and households from the impact of soaring energy prices. It earlier Continue Reading