Oil processing at Mexico’s national oil company Pemex increased substantially in July from the previous month, while crude exports rose slightly in a reversal of earlier national policy to cut exports and focus on the domestic market.
The world’s richest man and Tesla Inc. (NASDAQ: TSLA) founder Elon Musk has acknowledged that the world still needs oil and gas amid the ongoing global energy transition.
Deliveries of Russian gas to Europe via the main export routes on August 29 reaches approximately the levels of previous days – around 42.2 mln cubic meters per day in transit through Ukraine and 33.5 mln cubic meters via the Nord Stream pipeline.
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The electricity price is determined every 30 minutes by the marginal cost of the last generating unit to be turned on to meet demand.
Slovakia will soon receive more liquified natural gas (LNG) and nuclear power following the launch of a new pipeline with Poland and the green lighting of a nuclear power plant last week.
The caretaker government will open tenders for the supply of natural gas in the medium and long term as soon as possible.
European Commission President Ursula von der Leyen on Monday said there were plans for emergency action to halt “skyrocketing” electricity prices in the EU.
Germany’s north-south political divide has turned unusually virulent in the past few weeks.
If “We Continue the Change” gets a chance to form a government after the elections on October 2, either Asen Vassilev or Kiril Petkov will be nominated as prime minister.