According to trading data from the Intercontinental Exchange (ICE), the price of November gas futures on the Dutch TTF index started trading at almost $1,260 per thousand cubic meters on Thursday, then briefly jumped to $1,370 at 6:13am GMT and later showed a steady decline. By 8am GMT, the price …
Read More »Russia to pump 5.6 billion cubic meters of natural gas through Nord Stream 2 pipeline in 2021 – Gazprom
The project was 99% complete as of July, with the pipe-laying barge Fortuna working at the final section. Gas flows via Nord Stream 2 are expected to begin as early as October, and the volumes may well exceed expectations, according to experts. “If we assume that in December the pipeline …
Read More »China continues ramping up natural gas production
According to the NSB, production rose 11.6% year-on-year to 70.2 billion cubic meters during this period. The figure is also up 23.1% compared to 2019, putting the average January-April growth at 10.9% for 2020 and 2021. In April alone, the nation’s production amounted to 16.9 billion cubic meters, up 7% …
Read More »18,000 evacuated and 38 parts of New South Wales declared ‘natural disaster area’ as flooding devastates Australia (VIDEO)
Speaking on Monday, Australian Prime Minister Scott Morrison said he was grateful that no lives had been lost so far but warned of the risks posed by the flooding in the country’s most populous state. “Weakened foundations for buildings, for roads and trees, they all create risk, as do downed …
Read More »Venezuela says natural gas plant explosion was ‘terrorist attack’ targeting sanctioned state-run energy company (VIDEOS)
Footage reportedly filmed in the northeastern town of El Tejero shows a powerful blast and bright flames rising to the sky. Venezuelan news website El Tiempo said the fire was so strong that firefighters were struggling to approach the site, while local farmers worried that the blaze might spread to …
Read More »NFT crypto art commerce: Fad, natural evolution, burgeoning bubble or all of the above?
Purchases of NFTs are fueling an online art boom unique in human history, with individual virtual pieces selling for more than $60 million at major international auctions. The abbreviation refers to Non-Fungible Tokens, and their use allows any digital creation to be marked as unique and original – lending immediate …
Read More »EU and Russia are natural allies, but superstructures in Brussels stand in the way – Moscow’s representative to RT
“I believe we have no other option, both Russia and the European Union, than to try to bring those relations back to normality,” Vladimir Chizhov, Moscow’s permanent representative to the EU, said. The Russian diplomat was commenting on the latest slate of anti-Russian sanctions which the EU imposed in an …
Read More »Natural gas is driving decarbonization in India
“Come and invest into India’s energy sector.” Indian Prime Minister Narendra Modi’s words, pronounced at the inauguration of a new gas pipeline on February 17th, sent a clear message: the country’s energy landscape is undergoing fundamental transformations and will seek to attract foreign investors. After the Covid-19 crisis ravaged the country …
Read More »Texas halts natural gas exports as states scrambles to end power outages
The governor announced during a media briefing on Wednesday that he had issued a decree forbidding gas producers from selling to clients outside the state through February 21. Citing the current weather crisis that has crippled the state, Abbott said the order would help increase the ability of gas-fired generators …
Read More »Serbia starts pumping cheaper Russian natural gas via TurkStream pipeline
During the official official ceremony, held on the first day of the new year, Vucic said that the country has become “much richer” thanks to the gas pipeline. The price of gas at the Bulgarian border will be around $155 (without additional expenses in the domestic network) compared to the …
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