Gas

Russia’s natural gas production plunged by 18 percent in June compared to May, new data from the Joint Organisations Data Initiative (JODI) showed on Wednesday, cited by the International Energy Forum. Russia’s natural gas output in June was 30 percent below the March level, just after the Russian invasion of …

Natural gas in Europe rose again, extending a rally as a scorching summer boosts demand while supplies from Russia remain limited. Benchmark futures jumped as much as 4.7%, reversing earlier declines. Energy market concerns are deepening as the hot and dry weather boosts gas consumption for cooling. It’s also drying …

Norway’s exports reached a record in July, driven mainly by natural gas prices that have soared since Russia’s invasion of Ukraine. The Scandinavian country’s statistics agency on Monday said Norwegian exports reached 229 billion kroner (US$24 billion) last month, 0.4 per cent higher than the previous record set in March …

According to operator data, gas flows from Russia to Europe through some major pipelines remained steady, although low, on Tuesday. Physical flows through the Nord Stream 1 pipeline from Russia to Germany were 14,604,119 kilowatt hours per hour (kWh/h) from 7:00 to 8:00 CET, consistent with levels reported on Monday …

Mexico — which imports nearly all of the natural gas it burns — has laid out a somewhat surprising mission: to become one of the world’s top exporters of the fuel, and fast. Although natural gas exports from Mexico are today non-existent, seeing as it produces too little of the …

Hungary said Saturday that Russia has started delivering additional gas to the EU member following a July visit to Moscow by its foreign minister. Hungary’s Foreign Ministry said trade negotiations with Moscow “led to an agreement”, resulting in Russia’s Gazprom starting to deliver “above the already contracted quantities” on Friday. …

Spokesman for Iraq’s Ministry of Electricity said that the country was negotiating for more electricity to be imported from Iran. Ahmed al-Ebadi said in an interview with the Iraqi news outlet Middle East News on Saturday that Baghdad was negotiating with Iran to import more electricity. Al-Ebadi said that the …

South Korea is looking to buy more liquefied natural gas to replenish stockpiles before winter. The world’s third-biggest importer of the chilled fuel is seeking additional cargoes to meet forecasts for increased domestic demand and is targeting to lift inventories to about 90% full by November, from about 34% currently, …

Turkey’s President Tayyip Erdogan and Russia’s President Vladimir Putin agreed on Friday to bolster cooperation after a four-hour meeting, a joint statement from the two nations has revealed as cited by Reuters. As part of the deal, which would increase cooperation in the transportation, agriculture, finance, and construction industries and …

The war in Ukraine has changed the direction of energy supplies around the world, and one result is that the United States is now sending more gas to Europe by sea than Russia by pipeline, the Wall Street Journal reported, citing ICIS data. Since 1967, Gazprom’s pipelines in western Siberia …