Oil&Gas
2022, October, 25, 14:50:00
GLOBAL ENERGY SECURITY
China's crude imports from Russia have continued to stay elevated through 2022, averaging at 1.71 million b/d over January-August, up 7.3% year on year, according to customs data.
2022, October, 24, 12:20:00
EUROPEAN GAS PRICES DOWN YET
Benchmark futures declined as much as 12%, and are about 70% lower from the highs of August.
2022, October, 21, 11:25:00
EUROPEAN GAS PRICES DROP
Benchmark futures declined as much as 4.8% on Friday and headed for a third straight weekly loss.
2022, October, 21, 11:20:00
EUROPE AGREE DISAGREE
Germany stuck to its refusal to cap gas prices and the 27 could only agree to disagree, declaring they will keep on examining options to put a ceiling on costs.
2022, October, 20, 14:15:00
EUROPEAN WINTER RISKS
While Europe lacks transparent data on who owns stored gas, the bulk is held by utilities, including state-owned companies, that will need to withdraw fuel to supply households and manufacturers, according to people familiar with the matter.
2022, October, 20, 13:50:00
NORWAY OIL, GAS PRODUCTION 1.832 MBD
Preliminary production figures for September 2022 show an average daily production of 1 832 000 barrels of oil, NGL and condensate.
2022, October, 19, 12:00:00
EUROPE, RUSSIA SANCTIONS ANEW
The bloc’s eighth round of sanctions state that if a tanker owner transports Russian crude above an agreed price threshold, their ship would be prohibited from getting EU services needed to ship the commodity, such as insurance, “in the future.”
2022, October, 13, 12:50:00
OIL PRICES 2022-23: $93 - $95
The Brent crude oil spot price averages $93 per barrel (b) in the fourth quarter of 2022 (4Q22) and $95/b in 2023.
2022, October, 13, 12:45:00
EUROPEAN GAS PRICES UPDOWN
Traders are on edge with Russian President Vladimir Putin saying any energy infrastructure in the world is at risk after the Nord Stream explosions, which he said benefited the US, Ukraine and Poland.
2022, October, 12, 12:10:00
RUSSIAN OIL LEAKAGE
European authorities are on high alert for any signs of sabotage on energy infrastructure since the destruction of the Nord Stream gas pipelines last month.
2022, October, 12, 12:05:00
EUROPEAN GAS PRICES LIMITATION
EU energy ministers gathering in Prague on Wednesday will consider that model, which has already been adopted by Spain and Portugal, allowing consumers to avoid the worst of the price surges.
2022, September, 28, 12:20:00
GAZPROM'S FINANCIAL GROWTH
The net profit amounted to RUB 2.514 trillion, which not only marks a 2.6-fold increase against the amount recorded in the first half of 2021 but also exceeds the total profit of the Gazprom Group for the two previous calendar years!
2022, September, 28, 12:10:00
NORWAY OIL, GAS PRODUCTION 1.998 MBD
Preliminary production figures for August 2022 show an average daily production of 1 998 000 barrels of oil, NGL and condensate.
2022, September, 21, 14:05:00
EUROPEAN GAS PRICES UP ANEW
Benchmark futures jumped as much as 10% for a second day of gains. In the latest move to ensure supply, Germany said it will nationalize Uniper SE and avert a collapse of the energy sector with winter just days away.
2022, September, 21, 14:00:00
INCREASING RUSSIA SANCTIONS
G7 countries have also agreed to finalize a price cap for Russian crude. The US Treasury has indicated that three separate price caps will be introduced -- for crude, high-value refined products and low-value refined products.
