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Russian representative in Vienna-based International Organizations says the US supplies liquefied natural gas to Europe at a price 4 times higher than on the US home market. Mikhail Ulyanov in a tweet on late Sunday pointed to the US action in selling its gas to European countries at a high …

NATO begins planned nuclear exercises that will last until October 30. Their purpose is to ensure the effectiveness of the Alliance’s containment. Training flights are taking place in Belgium, which is hosting the exercise, and flights over the North Sea and Great Britain are also planned. This year’s exercises come …

Iran’s Minister of Energy Al-Akbar Mehrabian highlighted the country’s cooperation with Latin American states and called for fostering relations with Nicaragua. Mehrabian made the remarks at a video conference with a Nicaraguan delegation. Referring to the history of Iran’s cooperation with Latin American countries, including Nicaragua and Venezuela, the minister …

China will greatly increase domestic energy supply capacity and its reserve capacity for key commodities, government officials said on Monday, reiterating a policy of ensuring supplies and stabilising prices of raw materials. The world’s top energy consumer will enhance a “diversified domestic supply base” centred on coal while accelerating development …

When the final estimates are determined, gas escaping from the Nord Stream pipeline disaster will likely be the largest recorded release of methane from the oil and gas industry. But remarkably, those catastrophic emissions represent about the same amount of methane the industry releases worldwide every few days. According to …

The number of carbon capture and storage projects in development grew to record levels this year on the back of rising carbon prices and government incentives, but would still only mitigate less than 1% of annual emissions, a new report finds. There are now 153 CCS projects in the planning …

Dutch Fuel Supplier “Titan” intends to make the world’s largest bio LNG liquefaction plant near its berth in the Port of Amsterdam. When completed, the facility will have the capacity to produce 200,000 tons of bio-LNG annually. According to Titan’s plans, the facility will begin production in 2025. Contracts have …

Key oil market indicators are flashing signs of weakness in Asia as China’s Covid Zero policy continues to weigh on the demand outlook. The discount of Dubai swaps to global benchmark Brent has widened since the start of the month, while the prompt Dubai time spread recently narrowed to the …

Half of German companies have recently been unable to realize their investment plans, which they intended to do, due to the energy crisis, and 39% of them were forced to completely withdraw from some markets. According to the Welt am Sonntag newspaper, these figures were revealed as a result of …

The 16th meeting of Iran-Russia Joint Economic Committee will be held in Russia during October 29-November 1. Iranian Oil Minister Javad Oji and Russian Deputy Prime Minister Alexander Novak will co-chair the meeting. Under the joint economic committee meeting, 19 working groups have been defined, which include a diverse range …