Europe’s Gas Crunch Will Squeeze BASF
BASF’s hub in Ludwigshafen, Germany, could be run at 50% under contingency plans for possible gas rationing. This column is part of the sixth annual Heard on the Street stock-picking Continue Reading
Europe’s Latest Natural Gas Pipeline Plan Won’t Solve Its Current Crisis
The Iberian Peninsula holds around 30% of total Europe’s LNG processing capacity and yet it is not well connected to the rest of Europe. A plan to build a pipeline Continue Reading
Russia sees 38% rise in energy export earnings this year – govt document
Higher oil export volumes, coupled with rising gas prices, will boost Russia’s earnings from energy exports to $337.5 billion this year, a 38% rise on 2021, according to an economy Continue Reading
How The EU Plans To Cut Natural Gas Consumption By 15%
Since the beginning of the Ukraine war, the rest has been racing to reduce reliance on Russian energy. Last week, the EU proposed a 15% cut in gas usage across Continue Reading
Dutch Government To Decide Whether To Fill Norg Gas Storage Above 80%
The Netherlands could decide this month whether it will fill its largest gas storage facility past 80%, Dutch officials told Reuters on Tuesday. The news comes as Europe moves to Continue Reading
Russia Oil Drop Collapses April Non-OPEC Production
Below are a number of Crude oil plus Condensate (C + C ) production charts for Non-OPEC countries created from data provided by the EIA’s International Energy Statistics and updated Continue Reading
EUROPE POWER Rising German solar supply weighs on spot prices | Reuters
European spot power prices fell on Thursday as German solar supply is seen rising, while French nuclear availability increased. German baseload power for delivery on Friday was down 6.2% to Continue Reading
Germany to lower sales tax on gas to 7% in bid to relieve consumers
Germany will lower the sales tax on gas to 7% in an effort to cushion the blow of additional charges being placed on consumers to ensure energy companies can afford Continue Reading
Rhine Crisis Shows Signs of Respite With Water Set to Rise
Water levels on the Rhine are set to rise over the weekend, potentially providing respite to a crisis that has snarled the shipment of energy products and other goods along Continue Reading
Flotilla of Diesel Ships Heads to Europe Amid Energy Crisis
Asia-to-Europe flows set for five-month high, Vortexa predicts Trade driven by energy-security concerns, slowdown in China A fleet of ships carrying diesel, one of the world’s most important fuels, is Continue Reading