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Russia’s Gazprom says global LNG glut pressures global gas prices

Excessive supplies of liquefied natural gas (LNG) as well as brimming storage have put pressure on natural gas prices in Europe and Asia, dimming forecasts for exports, Russian gas giant Gazprom said on Thursday.

read more... 14/02/2020

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Russian gas exports helping Asia & Europe to transition to cleaner energy

Russia will continue to be the biggest player on the global energy market with plans to increase natural gas deliveries to Europe and Asia, according to the head of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev.

read more... 27/01/2020

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Global coal demand set to remain stable through 2023, despite headwinds

While global coal demand looks set to rise for the second year in a row in 2018, it is forecast to remain stable over the next five years, as declines in Europe and North America are offset by strong growth in India and Southeast Asia, according to the International Energy Agency’s latest coal market report, Coal 2018.

read more... 18/12/2019

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Oil prices rise sharply after attack on Saudi oil fields

Crude oil prices rose by more than 10 percent at the start of Monday's trading day in Asia due to the attack on two oil plants in Saudi Arabia. The price of Brent oil in Singapore rose by $ 11.73 ($ 10.59) to $ 71.95 per barrel, before falling back to below $ 68.

read more... 16/09/2019

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Russian thermal coal production to grow to 550 million mt per year by 2035: Putin

Russian thermal coal production is set to grow over 100 million mt by 2035, as the country looks to invest in new coal infrastructure and focus increasingly on the growing Asia-Pacific region, President Vladimir Putin said in a meeting with heads of coal mining regions last week.

read more... 28/08/2019

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