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Gazprom loses ground in Finland to LNG from the Baltic States

The pipeline, called Balticconnector, which opened early this year, links Finland and Estonia and can also send gas to the Baltics

read more... 23/12/2020

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Cheniere receives LNG cargo cancellation for February from Italy's Enel

Italian utility Enel canceled an LNG cargo for February delivery from Cheniere Energy, which operates two liquefaction terminals and is the biggest exporter in the US, market sources said Dec. 21.

read more... 22/12/2020

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Russia Backs Another 500,000 Bpd Oil Production Increase

Despite renewed fears about oil demand due to the new coronavirus strain, the leader of the non-OPEC group in the OPEC+ pact, Russia, is still in favor of another 500,000 bpd increase in the alliance’s oil production from February, Bloomberg reported on Monday, citing officials with knowledge of the Russian oil policy.

read more... 22/12/2020

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Belarus suspends Klaipeda oil product exports

Belarus appears to be halting oil product exports through the Lithuanian port of Klaipeda in what may be a politically-motivated move.

read more... 16/12/2020

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Quarter of forecast LNG supply needed by 2040 to meet 2C global warming limit

Under a climate pact to cut global warming, nations have committed to a long-term goal of limiting the average temperature rise to below 2C above pre-industrial levels and to pursue efforts to limit it even further to 1.5C.

read more... 09/12/2020

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