The European Commission has signed a non-binding agreement with Argentina to facilitate a stable supply of liquefied fossil gas (LNG) to Europe in exchange for cooperation on green energy and Buenos Aires reigning in gas leakage.
read more... 19/07/2023
A group of gas grid operators presented plans on Thursday (13 July) to complete the construction of Germany’s main hydrogen transport network by 2032, although the government has shown little interest in funding it.
read more... 14/07/2023
The EU’s new joint gas buying platform matched 11.98bcm of sales offers and demand for delivery from August 2023-March 2025 in its second tendering round, European Commission vice president Maros Sefcovic said on Thursday.
read more... 14/07/2023
Global demand for all forms of energy is forecast to rise by 23% through 2045, OPEC Secretary General Haitham Al Ghais told a Nigerian oil and gas conference on Tuesday.
read more... 12/07/2023
Crude oil prices ended rather flat on Thursday as the combined production cuts from Saudi Arabia and Russia were offset by a possible U.S. interest rate hike. Moreover, economic data concerns from Eurozone and China weighed on price. Hence, Brent crude edged 0.2% lower at $76.52 a barrel. Meanwhile, WTI crude almost closed unchanged at $71.80 a barrel.
read more... 07/07/2023