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Germany issues arrest warrant for attacks on Nord Stream gas pipeline


Germany issues arrest warrant for attacks on Nord Stream gas pipeline

Poland has received a European arrest warrant from Berlin in connection with the attack on the Nord Stream pipelines in 2022, but the suspect, a Ukrainian named Volodymyr Z., has already left Poland, Polish prosecutors told Reuters. He was able to leave the country because Germany had not included his name in a wanted persons […]

bne IntelliNews – Bulgaria temporarily halts expansion of Chiren gas storage facility due to EPPO investigation


bne IntelliNews – Bulgaria temporarily halts expansion of Chiren gas storage facility due to EPPO investigation

Bulgaria is putting the project to expand the Chiren underground gas storage facility on hold until the European Public Prosecutor’s Office (EPPO) completes its investigation into the implementation of the project, Acting Energy Minister Vladimir Malinov said at a press conference on August 14. A day earlier, the EPPO had begun raids on the offices […]

Oil and gas contract momentum increases in Q2 2024


Oil and gas contract momentum increases in Q2 2024

According to GlobalData, global contract activity in the oil and gas sector increased thanks to Petrobras’ key upstream contracts. The industry saw a significant increase in total disclosed value by 47%, from $37.3 billion in Q1 2024 to $54.91 billion in Q2 2024. However, the number of contracts decreased by 7%, from 1473 in Q1 […]

Gas prices fall, but tensions and storms could turn the tide


Gas prices fall, but tensions and storms could turn the tide

Gasoline prices continue to fall in the final weeks of summer as demand wanes and domestic production increases, but markets are closely monitoring renewed tropical storm activity in the Atlantic and rising geopolitical tensions in the Middle East. Last week, gasoline demand was 8.9 million barrels a day, down nearly 300,000 barrels a day from […]

EIA: China’s natural gas consumption, production and imports increased in 2023


EIA: China’s natural gas consumption, production and imports increased in 2023

The U.S. Energy Information Administration (EIA) reports that China consumed 7% more natural gas in 2023 than in 2022. In 2022, consumption fell by 1.1% as economic growth slowed, mainly due to China’s zero-COVID policy, leading to a decline in natural gas consumption. In 2023, annual natural gas consumption increased across all economic sectors in […]

NJ gas prices are falling. Tensions in the Middle East could change that


NJ gas prices are falling. Tensions in the Middle East could change that

2 minutes reading time Blinken cannot predict what will happen next amid fears of Iranian retaliation US Secretary of State Antony Blinken said on Thursday that he could “not predict” how the conflict between Israel and Hamas would develop. Analysts say gasoline prices are falling from their summer peaks, but given the uncertain hurricane season […]

NJ gas prices are falling. Tensions in the Middle East could change that


NJ gas prices are falling. Tensions in the Middle East could change that

2 minutes reading time Blinken cannot predict what will happen next amid fears of Iranian retaliation US Secretary of State Antony Blinken said on Thursday that he could “not predict” how the conflict between Israel and Hamas would develop. Analysts say gasoline prices are falling from their summer peaks, but given the uncertain hurricane season […]

Despite fighting, Russian gas flows to Europe


Despite fighting, Russian gas flows to Europe

Despite fighting, Russian gas flows to Europe VIENNA/PRAGUE, August 13 (Reuters) – Heavy fighting between Ukrainian and Russian forces near a pipeline through which Russia supplies gas to European countries has not led to supply disruptions, network operators and gas companies said on Tuesday. The European Union has drastically reduced its dependence on Russian […]

Trump promises to use Alaskan oil to unleash American energy


Trump promises to use Alaskan oil to unleash American energy

Former President Donald Trump promised to boost American energy production by approving new oil and gas exploration projects in Alaska’s Arctic National Wildlife Refuge (ANWR). In an interview with platform CEO Elon Musk on Monday night on X, Trump promised to “quickly” restart oil and gas production on Alaska’s North Slope four years after President […]