News
2022, March, 30, 10:55:00
OPEC+ WITHOUT POLICIES
Commenting on the Russia-Ukraine conflict, Saudi Arabia’s Prince Abdulaziz bin Salman said that OPEC puts political differences aside when its ministers meet and OPEC+ is doing the same.
2022, March, 30, 10:50:00
OPEC+ RUSSIA SUPPLY THE MARKET
Russian deputy prime minister Alexander Novak said March 23 that it was too early to talk about an adjustment to Russia's quota under the agreement, as Russia continues to supply the market.
2022, March, 30, 10:45:00
RUSSIAN GAS TO EUROPE UNCHANGED
Russian gas deliveries to Europe on three key pipeline routes were broadly steady on Wednesday morning
2022, March, 30, 10:40:00
HALF OF EUROPEAN LNG
In the global market, 70% of LNG is exported under long-term contracts. Therefore, the remaining 30% is sold to the country with the highest bid in the spot market.
2022, March, 30, 10:35:00
ЭНЕРГЕТИКА РОССИИ УСТОЙЧИВА
В условиях постоянно нарастающего внешнего давления со стороны ряда стран российская энергетика работает в стабильном режиме,
2022, March, 30, 10:30:00
NON-RUSSIAN OIL FOR U.S.
Crude oil exported from countries including Kazakhstan, Azerbaijan, and Turkmenistan moves through Russia’s energy export infrastructure.
2022, March, 30, 10:25:00
HYDROGEN'S SUSTAINABLE FUTURE
Tim Holt highlighted the Middle East's role in providing fuels like green hydrogen to countries like Germany, where it would be an important step in its energy diversification, as it would benefit from taking hydrogen from countries in the world that have the right conditions at lower cost to produce it.
2022, March, 30, 10:20:00
CHINA'S ENERGY GROWTH 2022
China will pursue its strategy to reduce the share of coal in its energy consumption, aiming to reach 17.3% of non-fossil energies in its total energy consumption in 2022, up from 16% in 2020.
2022, March, 30, 10:15:00
CROATIA, SLOVENIA ENERGY COOPERATION
Croatia and Slovenia have decided to strengthen their energy cooperation, especially in the field of gas and nuclear power.
2022, March, 30, 10:10:00
SINOPEC'S GAS PRODUCTION UP
Sinopec's crude oil production almost reached 280 mbl in 2021 (39 Mt, -0.2% on 2020), including 250 mbl in China (stable) and 30 mbl overseas (-1.8%).
2022, March, 29, 13:45:00
OIL PRICE: BRENT BELOW $114, WTI BELOW $107
Brent rose $1.41, or 1.3%, to $113.89 a barrel, WTI was up 95 cents, or 0.9%, at $106.91.
2022, March, 29, 13:40:00
OPEC OIL PRICE: $113.39
The price of OPEC basket of thirteen crudes stood at $113.39 a barrel on Monday
2022, March, 29, 13:35:00
COAL PRICES UP
Since late February, thermal coal prices have surged globally as traders and end-users seek out potential replacements for Russian fossil fuels.
2022, March, 29, 13:30:00
GLOBAL ENERGY, COMMODITY CRISIS
The sanctions against Russia are the hardest we have seen against any country to date and in particular the decision to freeze $600bn of Russian foreign reserves is a first, which will have huge consequences in the long-term.
2022, March, 29, 13:25:00
RUSSIA'S, GERMANY'S GAS DEPENDENCE
The dependence on Russian natural gas in Germany is so great that if supplies from Russia were to be stopped and the remaining quantities of natural gas distributed to Europe, Germany would have to reduce its natural gas consumption in the heating gas sector or in the industrial sector by 100 TWh per year .