A very cold winter could trigger increased gas demand for heating and power generation at a time when European gas stocks remain well below the average for the time of year and supply from Russia continues to disappoint.

France plans to grant for an offshore wind project off the coast of Normandy. The project will have a capacity of 1,000 to 1,050 MW and is expected to produce 4.5 TWh/year of electricity.

Natural gas consumption increased very rapidly between 2000 and 2019 (3%/year) and then dropped by 3% in 2020 to 40 bcm.

Brent fell $2.32, or 3.2%, to $71.12 a barrel, WTI fell $2.15, or 3.1%, to $67.80 a barrel.

"We need to monitor how the situation develops, we must carefully monitor the market. There is no need to make hasty decisions," Novak said.

The Duma ratified the protocol amending the 2014 agreement between the governments of the Russian Federation and Hungary on the provision the loan (the protocol was signed in Moscow and Budapest in May).

Converting national and regional natural gas networks to hydrogen could be a powerful decarbonisation solution, by distributing the gas to millions of individual users across the country,

FERC's latest monthly "Energy Infrastructure Update" report (with data through September 30, 2021) reveals that renewable energy sources accounted for 87.61% - or 16,665 megawatts (MW) - of the 19,022 MW of new capacity added during the first nine months of the year.

Gain attributable to the owners of PJSC Gazprom amounted to RUB 1,550,299 million for the nine months ended September 30, 2021.

Natural gas prices also had an impact on November's power prices. At the Houston Ship Channel, spot gas this November has averaged $4.788/MMBtu, down from October's $5.29/MMBtu but up from November 2020's $2.597/MMBtu.

Brent climbed $3.17, or 4.4%, to $75.89 a barrel, WTI was up $3.35, or 4.9%, at $71.50 a barrel.

OPEC+ ministers, led by Saudi Arabia and Russia, are meeting after Dated Brent nosedived 11% on Nov. 26, sending shock waves into the energy market as news of the Omicron variant outbreak led to bans on flights from South Africa.

NIOC has planned that, God willing, if the assumptions and requirements of these plans are provided, in the next 10 years, daily gas production will reach 1.5 billion cubic meters and crude oil production capacity will reach 5 million barrels.

Germany will also support the extension of carbon trading to providers of heating and transport, and the introduction of a CO2 border adjustment mechanism at the EU level.

The rapid reduction of emissions necessary to cope with climate change will have a huge impact on Vietnam’s energy industry, and is possibly closely linked to short-term policies to develop new and renewable energy sources,