Tag: natural gas

Europe can get Russian gas through Nord Stream 2

President Vladimir Putin says that Russia is not to blame for the energy crisis in Europe. Gas can once again flow through Nord Stream 2.
Hungary rejects capping of Russian gas prices
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Hungary rejects capping of Russian gas prices

According to Hungary, the move is contrary to their interests. It would lead to an immediate cutoff of Russian gas supplies.
Germany fills gas storage tanks above the plan
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Germany fills gas storage tanks above the plan

It is more than 82% full. This gives hope to German industry and households that there might not be an acute gas shortage in winter.
USA has become the largest exporter of LNG Audio article
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USA has become the largest exporter of LNG

This was helped by record supplies to Europe and Asia due to energy shortages. But the biggest problem is pipeline capacity.
Gazprom will shut down Nord Stream 1 again
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Gazprom will shut down Nord Stream 1 again

This time the main pipeline will be closed for 3 days. This is another inconvenience for the whole of Europe, especially Germany.
Germany to cut VAT on natural gas from 19% to 7%
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Germany to cut VAT on natural gas from 19% to 7%

The reason for this move is that the German government wants to help consumers at a time when energy is hitting its highs.
Spain plans new gas pipeline link with France
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Spain plans new gas pipeline link with France

This new link could be operational as early as next spring. It depends on how they reach an agreement with France and other countries.
Are oil and gas in a tricky position?
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Are oil and gas in a tricky position?

Oil and gas prices skyrocketed in the last two years, but now they show signs of a potential reversal downwards amid the OPEC meeting.
BP posts highest profit in 14 years
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BP posts highest profit in 14 years

BP, like other oil and gas firms, is among the record earnings growth leaders. The company is raising its dividend thanks to record results.
Russia has stopped gas supplies to Latvia
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Russia has stopped gas supplies to Latvia

Russia's Gazprom has halted gas supplies to Latvia amid allegations of violations of supply conditions. Latvia is not worried about this move.
Shell doubles its adjusted net profit in the second quarter
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Shell doubles its adjusted net profit in the second quarter

Shell's performance was mainly driven by high oil prices, refinery margins and good gas trading results. Still, it has faced criticism.
Commodities on the way to erase monthly losses
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Commodities on the way to erase monthly losses

A turbulent July for markets. Especially for commodities. A significant decline in the first half, but Fed helped.