Latest news
Pompeo: the US seeks to reduce Europe’s dependence on Russia
The Secretary of state said that Washington not only opposes the “Nord stream-2” gas pipeline but also expands opportunities for delivering LNG to Europe.
read more... 30/09/2020
Daily (30.09.2020): Oil prices dropped over 3% on Tuesday amid lingering demand concerns
Crude oil futures retreated on Tuesday, sending global benchmark crude prices to their lowest settlement in two weeks amid gloomy outlook for fuel demand as the world is grappling with a new wave of coronavirus infections. Hence, Brent crude for November delivery shed by $1.40, or 3.3%, to settle at $41.03 a barrel. At the same time, U.S. WTI crude fell by $1.31, or 3.2%, to end at $39.29 per barrel.
read more... 30/09/2020
Long-term gas contract expiries open opportunities for new LNG players
The expiry in the coming years of long-term European gas supply contracts will provide opportunities for new players -- especially from the LNG sector -- to enter the European market, a senior official from the International Energy Agency said Sept. 29.
read more... 30/09/2020
Vietnam power sector's LNG demand set to soar
Demand for LNG from Vietnam's power sector is set to reach 8.5mn t/yr by 2030, the country's industry ministry said today.
read more... 29/09/2020
Dutch minister presents report on new nuclear
The Netherlands is considering the expansion of nuclear power in its energy mix, according to a letter Minister for Economic Affairs and Climate Policy Eric Wiebes submitted to the Dutch parliament last week, together with a report by consultants Enco. The cabinet will now prepare a motion requesting that the country holds a market consultation to assess commercial interest in nuclear new build.
read more... 29/09/2020