Egypt Restores Natural Gas Supplies to Fertilizer Factories Amid Electricity Crisis: East Economy

Egypt Restores Natural Gas Supplies to Fertilizer Factories Amid Electricity Crisis: East Economy

Egypt has restored natural gas supplies at its usual level to fertilizer factories, after it reduced it by about 20% for several days during the past two weeks to some urea-producing factories, according to 3 people from government agencies who spoke to East Economy. The reduction of gas to factories came as one of the … Read more

Fast-track Energy Projects: Lessons from the ANPlng Terminal in Eemshaven

Fast-track Energy Projects: Lessons from the ANPlng Terminal in Eemshaven

ANPlng terminal Eemshaven NOS Nieuws•vandaag, 19:21 Rob Coster Economics reporter Rob Coster Economics reporter The electricity grid must be expanded, a hydrogen network must be installed and installations must be installed with which CO2 from industry can be captured and stored in empty natural gas fields under the North Sea. The projects are necessary to … Read more

New Law Requires Service Stations to Display National Average Fuel Prices for Motorists to Compare

New Law Requires Service Stations to Display National Average Fuel Prices for Motorists to Compare

News for motorists and refueling station managers. From today, Tuesday 1st August, service stations are obliged to display, in plain sight, not only the prices of fuels, but also the national average prices, so as to allow motorists to make an easier comparison. A measure desired by the government in the petrol decree at the … Read more

Czech Gas Workers Successfully Fill Gas Reservoirs in Preparation for Winter

Czech Gas Workers Successfully Fill Gas Reservoirs in Preparation for Winter

When winter asks what Czech gas workers did in the summer, the answer will probably be more joyful than last year. The Czech Republic and other European countries are successfully filling gas reservoirs. As of Tuesday, July 25, domestic gas reserves amounted to 3.096 billion cubic meters, last year 2.687 billion cubic meters. From the … Read more

Europe’s Natural Gas Outlook: Full Storage Facilities and Price Volatility Ahead

Europe’s Natural Gas Outlook: Full Storage Facilities and Price Volatility Ahead

After the start of the war in Ukraine, Europe got serious about stockpiling natural gas as part of policies to reduce dependence on energy imported from Russia. This year, storage facilities are likely to be full earlier than planned. And this gives authorities and industries confidence that last year’s energy crisis will not be repeated. … Read more

Latvijas gāze sells “Gaso”: Competition Council approves merger with “Eesti Gaas” – transaction exceeds 120 million euros

Latvijas gāze sells “Gaso”: Competition Council approves merger with “Eesti Gaas” – transaction exceeds 120 million euros

This year, “Latvijas gāze” started the process of selling “Gaso”, because according to the current regulation, “Gaso” cannot be managed by Russian or Belarusian shareholders, but “Latvijas gāze” has shareholders representing the Russian state. At the end of June, the Competition Council (KP) allowed “Eesti Gaas” to gain decisive influence over “Gaso”. KP did not … Read more

Latest Fuel Price Update: July 4 – Gasoline Prices Decline, Diesel Prices Increase

Latest Fuel Price Update: July 4 – Gasoline Prices Decline, Diesel Prices Increase

After a significant decline yesterday, fuel prices recorded, on Tuesday, July 4, an additional decline of 2,000 pounds for two cans of 95 and 98 octane gasoline, and an average of 18,000 pounds for a bottle of gas. On the contrary, the price of a diesel plate increased by 1,000 pounds. The prices became as … Read more

PT Honda Prospect Motor’s Plans for Mobil Hybrids and Electric Cars in Response to Government’s ICE Vehicle Restrictions

TEMPO.CO, Jakarta – PT Honda Prospect Motor (HPM) commented on the government’s plan to make it difficult to purchase gasoline or internal combustion engine (ICE) cars. This plan is considered to be in line with Honda’s plans regarding electrification. Sales & Marketing and After Sales Director of PT HPM Yusak Billy said that Honda plans … Read more

Pertamina Introduces New Bioethanol Fuel Product: Facts, Octane Equivalency, and Price Comparison

Pertamina Introduces New Bioethanol Fuel Product: Facts, Octane Equivalency, and Price Comparison

Jakarta – PT Pertamina (Persero) will launch a new fuel product in the near future. The product is bioethanol, where Pertamax will be mixed with 5% ethanol. Here are the facts: Has Octane Equivalent to Pertamax Plus Pertamina Corporate Communication Vice President Fadjar Djoko Santoso said the name of the new product would be announced … Read more