Parvin Faghfouri Azar

European Gas Jumps as Sanctions Spur Energy Shortage Concerns

European natural gas prices surged as another round of sanctions on Russia over the weekend fueled concerned about energy shortages. Futures traded in the Netherlands jumped as much as 36% on Monday. Western nations agreed to impose new sanctions to further isolate Russia’s economy and financial system after initial penalties …

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U.S. to Help Uzbekistan Explore New Shale Deposits

Scientists from the United States will team up with experts from Uzbekistan to prospect for shale oil and gas deposits this year as Tashkent moves to ramp up production to tackle energy shortages and provide raw material for the gas-processing industry. Experts from the United States Geological Survey, or USGS, …

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