Germany To Restore 19% Tax On Gas
On Monday, Bloomberg reported that the German government has said Berlin is looking to restore a 19% sales tax on gas and heat deliveries starting at the end of the…
Sakhalin-2 Returns To Full Production Capacity After Maintenance
In an interview with the Interfax news agency last week, Gazprom Deputy CEO Vitaly Markelov said that now that planned maintenance work has been completed, the Sakhalin-2 liquified natural gas…
Russian Oil Exports Surge
On Tuesday, Bloomberg reported that tanker tracking data shows Russian seaborne shipments of oil hitting a three month high last week, even as Moscow extended restrictions on production and export,…
China Boosts Russian Crude Imports
In the first eight months of the year, deliveries of Russian crude to China soared 25% year over year, according to new data released by the Chinese General Administration of…
Russia Delivers Its First LNG Cargo Via the Northern Sea Route
On Thursday, Russian energy major Gazprom delivered to China its first cargo of liquified natural gas (LNG) which as shipped through the Northern Sea Route (NSR), according to a report…
Freeport LNG Facility Returns To Near Full Capacity
Last Friday, the export plant for US liquified natural gas (LNG) producer Freeport LNG returned to nearly its full operational capacity, following the past week’s reduction in volumes, according to…
Australian Gas Strike Extended
The rolling 24-hour stoppages at Chevron’s liquefied natural gas (LNG) plants in western Australia being caused by Australia’s Offshore Alliance union continued for a second day Friday, as uncertainty increased…
BP CEO Resigns With Immediate Effect Over Improper Relationships
The CEO of British energy giant BP has resigned with immediate effect, after it came to light he had failed to fully disclose past relationships he had with co-workers, according…
IEA Sees Tightest Supply Shortage For Over A Decade In Oil Coming
On Wednesday, the International Energy Agency (IEA) issued a warning that at the end of this year, oil markets may face the tightest supply shortage seen in over a decade…
Germany Continues To Buy Large Quantities Of Russian Oil Through India
Germany is continuing to purchase large quantities of Russian oil. To do so, it is using India as an intermediary to bypass an EU ban on almost all crude imports…
