Asian Consumption Of Russian LNG Scaling Down
According to a Bloomberg report last week, shipping data shows that Russian liquefied natural gas (LNG) shipments to Asia last month fell by 15%, hitting their lowest levels in almost…
Energy Bills In The Netherlands Continue To Rise
In the Netherlands, government subsidies and consumer price caps have not prevented household energy bills from rising dramatically. Data released by Statistics Netherlands (CBS) last week revealed that in June,…
Goldman Predicts Oil Demand To Hit All-Time High
Investment banking giant Goldman Sachs is predicting that a low rig count in the US and lack of certainty about long-term demand for oil will lead to the global oil…
G20 Climate Consensus Fails As Energy Producers Fail To Agree
Reuters is reporting the the attempt by the Group of 20 nations to forge a roadmap to phase down the use of fossil fuels in the global energy market has…
Japan Proposes Strategic Natural Gas Reserve
This week Bloomberg reported that Japan is planning to construct a global strategic natural gas reserve which would help protect the world from energy shortages of the fuel, such as…
EU Makes Buying Gas Jointly A Permanent Energy Strategy
On Monday, Bloomberg reported that as the EU looks to ensure efficient fuel deliveries, EU member states are planning to make their system of purchasing gas jointly a permanent part…
Russia Increasingly Using Artic Route To Shorten Deliveries of Crude To China
On Tuesday, Bloomberg reported a Russian tanker was carrying a cargo of crude to China through the Arctic, and noted that this was emblematic of the fact that Moscow is…
EU Natural Gas Consumption Plunges
In its monthly report, the Gas Exporting Countries Forum (GECF) has revealed that the consumption of natural gas by members of the EU has been falling, with June imports falling…
Oil Inches Higher Off Possible Lower Inventory Numbers, But Weak China Numbers Still Weigh On Prices
On Tuesday, oil prices edged higher in early trading after falling in the previous session off weaker than projected Chinese growth, as investors looked at the possibility of tightening US…
Improved Panel Supplies Stabilize Solar Prices
According to a new report released on Monday, US solar energy contracts saw their first quarterly decline in over three years, as supply chain blockages eased and demand for new…
