Eurostat Natural gas demand in EU down 13 in 2022 in cutback efforts
Following a 4.3 per cent increase in 2021, inland demand for natural gas in the European Union decreased by 13.2
Tag: Energy
Germany pledges 120m for fighting climate change to Pakistan
BERLIN: Germany has pledged to provide €120 million to Pakistan in assistance to fight climate change and enhance country’s renewable energy infrastructure, ARY News reported on Wednesday. The pledge was…
Bulgaria utilities regulator cuts gas prices by 21 for May 2023
Bulgaria’s utilities regulator has approved a 21 per cent decrease in the regulated gas price in the country for the
Government edging away from initial gas cap after realising it was counterproductive
Australian Financial Review Senior Correspondent Jacob Greber says the government is “edging away” from the initial cap on gas after realising it was “counterproductive”. “They’ve created a big exemption, if…
Federal government set to extend gas price caps
The federal government is set to extend its controversial price cap of east coast gas producers with Labor expected to release its proposed mandatory code of conduct as early as…
Oil steady as investors weigh tighter supply against growth outlook
Oil prices were roughly unchanged on Monday as investors weighed the prospect of tighter supplies from OPEC+ producers from May against concerns about weakening global growth that may dampen fuel…
Russias Sibur exports LPG to Africa Middle East and Asia as EU cuts buying
Sibur, the largest producer and exporter of liquefied petroleum gas (LPG) in Russia, redirected exports to Africa, the Middle East and Asia in the past three months, industry sources said.…
Exxon says its decarbonization business could outgrow oil in multitrillion market
Exxon Mobil Corp’s (XOM.N) Low Carbon business has the potential to generate hundreds of billions of dollars in revenue and outperform the company’s traditional oil and gas as soon as…