Temperatures might be soaring across Germany but staying warm this winter without Russian gas — which until the start of the Ukraine war supplied over 50% of annual demand — is already a pressing concern.
The new Russian operator for the Sakhalin 2 oil and gas project in the Russian Far East has offered Japanese power companies and other buyers the same prices, supply levels and other conditions as before, a source familiar with the deal said Wednesday.
Two Israeli energy giants have announced plans to jointly develop major renewable energy projects in the MIddle East and North Africa, as the country works to normalize relations with former enemies.
Japanese companies purchasing energy resources as part of the Sakhalin 2 oil and gas project, will be able to keep terms of their contracts and volumes of supplies, Kyodo news agency reported on Wednesday citing sources in the industry.
Zapsibneftekhim, a Tobolsk-based affiliate of the Russian petrochemical major Sibur, produced the first batch of the new HD 02604 LS black polyethylene grade, the corporate communications department of the petrochemical plant told TASS on Wednesday.
Santos Energy has announced the final investment decision on the Pikka oil project in Alaska, which the Australian company expects to produce 80,000 bpd beginning in 2026.
Russia’s natural gas production plunged by 18 percent in June compared to May, new data from the Joint Organisations Data Initiative (JODI) showed on Wednesday, cited by the International Energy Forum.
The level of gas reserves in European underground gas storage (UGS) facilities has surpassed 75%.
The construction of the factory for electric cars in in the Bulgarian town of Lovech, which was agreed a year ago by the then Minister of Economy Kiril Petkov with the investor, has practically already started.
When Patrick Ardahalian moved from Saudi Arabia to Lebanon in 2010, he was shocked at the frequent power outages in the country’s capital, Beirut.