Private LTE Networks are a game-changer for utilities. They offer dedicated, secure, and high-performance connectivity that can be tailored to specific needs.

4G LTE and 5G NR are well-established technologies around the world. Utilities can future-proof their investments by taking advantage of a large, globe-spanning ecosystem of vendors, integrators and consultants that can support the deployment and operation of radios, core network elements and devices.

Preliminary production figures for August 2023 show an average daily production of 2 006 000 barrels of oil, NGL and condensate.

“Any sudden changes to LNG supply or demand in Asia or the Americas could easily have a domino effect into Britain and Europe.”

The conflict between Russia and Ukraine has caused immense war-related devastation, resulting in loss of life, displacement of communities and damage to infrastructure. The ongoing war is exacerbating the economic burden on Ukraine and has far-reaching implications for neighbouring countries and international stability.

The record-high prices that were triggered by Russia’s squeeze on deliveries last year are now gone, but worsening economic conditions are hitting demand just as hard. Gas usage across Europe’s industrial landscape is projected to remain about 20% below 2021 levels.

The Brent crude oil spot price averages $85 per barrel (b) in August. The Brent price averaging $86/b in the second half of 2023 (2H23).

Preliminary production figures for July 2023 show an average daily production of 2 036 000 barrels of oil, NGL and condensate.

Oil tabs remain steady after the cross of the $80/bbl price mark,as the Stock 600 Energy Complex paring gains of +1.01% standing at 113.42 at the European Open.

Mitsui joined the Arctic LNG 2 project in 2019 via a subsidiary called Japan Arctic LNG, which secured substantial financial support from state-owned Japan Organization for Metals and Energy Security (JOGMEC) as part of wider Japanese efforts to ensure stable LNG supply and diversify import sources.

Benchmark futures settled 3.9% higher after another session of sharp price moves. Searing temperatures in parts of the region and global competition for liquefied natural gas continue to provide upward pressure — even as flows from Norway, Europe’s top supplier, return to levels last seen in April.

The Brent crude oil spot price will average $80 per barrel (b) in 4Q23 and $84/b in 2024.

The central bank still expects a current account surplus of $47 billion this year and $38 billion in 2024. On Tuesday, it said in a statement that Russia’s worsening trade balance was caused by a decrease in export volumes as well as the decline in prices mainly for energy exports.

By 2021, wind, solar, and natural gas provided 48 percent of Germany’s electricity, and provided most of the electricity consumed in Italy (63%), the UK (64%), and the Netherlands (78%).

Oil-entropy is still ongoing,somewhat of a tug of war developing with a mix of SPR watch outs.At least the volume on the Geopolitics has toned down a bit,maybe on the 'baguette' side of life where protests have been rocking Paris.Taiwan presidential hopeful vows to maintain peace with China.