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A rush of LNG tankers increases gas prices. The high demand leads to a lack of tankers for transportation.
A rush of LNG tankers increases gas prices. The high demand leads to a lack of tankers for transportation.
EnQuest wants to increase oil and gas drilling in the North Sea. This would guarantee supply to the United Kingdom. However, this is not the view of environmental groups. They want to accelerate the development of renewable energies.
EnQuest wants to increase oil and gas drilling in the North Sea. This would guarantee supply to the United Kingdom. However, this is not the view of environmental groups. They want to accelerate the development of renewable energies.
Portugal states that the gas supply of Central European countries requires a close interconnection with the Iberian Peninsula. He then approached Italy to find an alternative to the MidCat project.
Portugal states that the gas supply of Central European countries requires a close interconnection with the Iberian Peninsula. He then approached Italy to find an alternative to the MidCat project.
Affected by the energy crisis, German industrial production is back down in July. With the closure of Nord Stream 1, the worst could yet come.
Affected by the energy crisis, German industrial production is back down in July. With the closure of Nord Stream 1, the worst could yet come.
Repsol wants to sell its oil assets in Alberta to Teine Energy. The transaction would allow him to invest in other areas.
Repsol wants to sell its oil assets in Alberta to Teine Energy. The transaction would allow him to invest in other areas.
China could, according to the President of East Timor, invest in the Greater Sunrise project located between East Timor and Australia.
China could, according to the President of East Timor, invest in the Greater Sunrise project located between East Timor and Australia.
Russian LNG remains popular in China. In August, during a major heat wave in the country, China imported some 611,000 tons of LNG from Russia.
Russian LNG remains popular in China. In August, during a major heat wave in the country, China imported some 611,000 tons of LNG from Russia.
The Kazakh Ural, renamed KEBCO in June, is finding favour with European refiners in the Mediterranean.
The Kazakh Ural, renamed KEBCO in June, is finding favour with European refiners in the Mediterranean.
OPEC+ Members entrust the President with the task of bringing Members together in case of emergency to respond to market fluctuations.
OPEC+ Members entrust the President with the task of bringing Members together in case of emergency to respond to market fluctuations.
Gas prices in Europe are rising further since the shutdown of Nord Stream 1. In fact, they have risen by 30%.
Gas prices in Europe are rising further since the shutdown of Nord Stream 1. In fact, they have risen by 30%.
Norway intends to increase its gas deliveries to Europe. It expects to deliver record volumes.
Norway intends to increase its gas deliveries to Europe. It expects to deliver record volumes.
Russia is benefiting from soaring energy prices. Despite Western sanctions and reductions in export volumes, Russia earned 158 million euros between February 24 and August 24, 2022.
Russia is benefiting from soaring energy prices. Despite Western sanctions and reductions in export volumes, Russia earned 158 million euros between February 24 and August 24, 2022.
Russia announces the closure of Nord Stream 1 for an indefinite period. The fear of a shortage worries Europe, which is looking for alternatives.
Russia announces the closure of Nord Stream 1 for an indefinite period. The fear of a shortage worries Europe, which is looking for alternatives.
The energy crisis continues. Eni is approaching Egypt to develop gas production and increase imports.
The energy crisis continues. Eni is approaching Egypt to develop gas production and increase imports.
Norway is increasing its gas exports to Europe and the UK. It delivered 9.5 billion m3 in August.
Norway is increasing its gas exports to Europe and the UK. It delivered 9.5 billion m3 in August.
Moscow announces the closure of Nord Stream 1. The Kremlin blames Western sanctions for the situation.
Moscow announces the closure of Nord Stream 1. The Kremlin blames Western sanctions for the situation.
Faced with fears of a recession, OPEC+ decides to reduce its oil production. It returns to the August quotas.
Faced with fears of a recession, OPEC+ decides to reduce its oil production. It returns to the August quotas.
Europe is looking for alternatives to Russian gas. It is turning to LNG from the United States. In August, it received 60% of the American shipments.
Europe is looking for alternatives to Russian gas. It is turning to LNG from the United States. In August, it received 60% of the American shipments.
Gazprom announces the closure of Nord Stream 1 for an indefinite period. The EU criticizes this decision but is not surprised. For her, it is a means of pressure exerted by the Kremlin.
Gazprom announces the closure of Nord Stream 1 for an indefinite period. The EU criticizes this decision but is not surprised. For her, it is a means of pressure exerted by the Kremlin.
The Singaporean tanker Affinity V was refloated after briefly running aground in the Suez Canal in Egypt.
The Singaporean tanker Affinity V was refloated after briefly running aground in the Suez Canal in Egypt.
Several large-scale projects are underway in Senegal, which is planning a major expansion of its gas sector.
Several large-scale projects are underway in Senegal, which is planning a major expansion of its gas sector.
The operator of Nord Stream 1 is preparing for the reopening of the pipeline. Deliveries to Europe are expected to resume on Saturday.
The operator of Nord Stream 1 is preparing for the reopening of the pipeline. Deliveries to Europe are expected to resume on Saturday.
NNPC, Nigeria's national oil company, has a security contract with the company of former militant Tompolo. Nigeria is currently facing oil theft, which is partly responsible for the decrease in exports.
NNPC, Nigeria's national oil company, has a security contract with the company of former militant Tompolo. Nigeria is currently facing oil theft, which is partly responsible for the decrease in exports.
A fifth floating liquefied natural gas (LNG) import terminal project was announced Thursday by the German government, with the participation of France's Engie, as the country struggles to replace Russian gas.
A fifth floating liquefied natural gas (LNG) import terminal project was announced Thursday by the German government, with the participation of France's Engie, as the country struggles to replace Russian gas.
OPEC oil production in August recorded its highest level since the start of the pandemic. However, the organization is still unable to reach the promised quantities.
OPEC oil production in August recorded its highest level since the start of the pandemic. However, the organization is still unable to reach the promised quantities.
The energy crisis continues. Gazprom, the Russian gas supplier, cuts off Engie's gas supply.
The energy crisis continues. Gazprom, the Russian gas supplier, cuts off Engie's gas supply.

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