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Novatek plans to put up 60% in Arctic LNG 2 as collateral for financing

Russian largest liquefied natural gas producer Novatek said on Monday it plans to put up its 60% stake in Arctic LNG 2 project as collateral for long-term financing of the project.

read more... 06/04/2021

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Russian gas exports to Europe surge 30% in 2021 as harsh winter forces foreign consumers to boost energy purchases

Russian state-run energy giant Gazprom increased shipments of natural gas to Europe by 30.7% in the first quarter of the current year, preliminary data shows.

read more... 05/04/2021

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France Pushes To Make Nuclear Power Mainstream In Europe

Together with Eastern European leaders, French President Emmanuel Macron co-signed a letter calling on the European Commission to include nuclear energy in its Green taxonomy.

read more... 05/04/2021

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Total says abandoning Myanmar gas field would hurt workers, cities

French oil and gas group Total said it would not stop producing gas on its Yadana fields in Myanmar as long as operations remained safe, in part to protect employees there who might otherwise risk repercussions from the military junta.

read more... 05/04/2021

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Daily (02.04.2021): Oil prices rebounded after OPEC+ decision to curb output cuts

Oil prices increased on Thursday following OPEC+ agreement to gradually increase output from May. Furthermore, expectations for a rebound in demand this summer also lent support to prices. Hence, Brent crude rose by 2.1% to settle at $64.86. At the same time, U.S. WTI surged by 3.9 % to close at $61.45 a barrel.

read more... 02/04/2021

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