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Energy › LNG

Asian Natural Gas Importers Race To Stock Up Ahead Of Winter

OilPrice.com | Nov 3, 2022 at 5:30 AM

Japan, South Korea, and China are increasing the pace of stockpiling on natural gas ahead of the winter with inventory levels above the five-year average as the biggest energy importers in North Asia look to avoid buying LNG on the spot market during the winter.

BP Looking At Billions in Buybacks For Q4

OilPrice.com | Nov 2, 2022 at 4:30 PM

BP has high energy volatility to thank for the impressive earnings.

Russian LNG Exports Rise Despite The Push To Cut Dependence On Russia

OilPrice.com | Nov 2, 2022 at 12:30 PM

Russian exports of liquefied natural gas (LNG) rose in October to their highest level since March, vessel-tracking data compiled by Bloomberg showed on Wednesday.

The Green Brief: Why Brussels hates price caps on fossil fuels

Euractiv | Nov 2, 2022 at 9:55 AM

Electricity prices in Spain rose by 32.2% during the first half of 2022, an increase of more than double the average of other EU countries (13%).

German regional chief: Russian gas should be used after war

Euractiv | Nov 2, 2022 at 8:35 AM

Germany should use Russian gas once the Ukraine war is over and keep nuclear plants running longer, Saxony’s Prime Minister Michael Kretschmer said during Climate Action Minister Robert Habeck’s visit to the region on Tuesday.

Panning for equities gold amid UK market gloom

Financial Times | Nov 2, 2022 at 6:01 AM

…Bellway has a three-year land bank — an asset in short supply. It is yielding 8 per cent currently….

Europe expects lower gas costs owing to warm November – Bloomberg

TASS Russian News Agency | Nov 1, 2022 at 4:40 PM

Europe expects a decline in natural gas costs since a warm November is forecast, Bloomberg reported on Tuesday, citing data from Maxar Technologies and Marex.

Putin: Attack On Ukrainian Cities Was Response To Drone Strikes On Russian Fleet

OilPrice.com | Nov 1, 2022 at 4:10 AM

Russia’s missile attacks on Ukrainian power infrastructure this week, which included a strike on an apartment that killed a resident, was in response to a drone attack on the Russian fleet in Crimea, President Vladimir Putin told media today, as quoted by Reuters.

Japan Calls On Population To Conserve Energy

OilPrice.com | Nov 1, 2022 at 3:08 AM

Japan is calling on people and businesses to repeat the energy conservation drive from the summer this winter, as energy scarcity and LNG price inflation continue to take a toll.

Task to build new EU gas benchmark will be ‘demanding’, admits regulator

Financial Times | Oct 31, 2022 at 12:10 PM

…tasked with creating the new benchmark, admits it is difficult because many LNG deals are bespoke and negotiated privately. That means data from LNG contracts…

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