Exploration for natural gas off Dobrich may accelerate after Canada’s Trillion Energy (formerly Park Place Energy), which holds the rights to the Vranino block, announced it would cooperate with an unnamed major energy trader. The two parties have signed an agreement to share information on potential new business opportunities to develop together. This affects both … Read more
Groningen Residents Breathe a Sigh of Relief as Dutch Gas Extraction Ends in October On October 1, the Netherlands will definitively turn off the gas tap, bringing an end to decades of gas extraction in Groningen. The news has been met with a mix of anticipation and skepticism by the residents of Groningen, who have … Read more
Lack of natural gas, cold weather and uncertainty of future supply. According to experts, these are precisely the variables that could be behind further sharp increases in gas and electricity prices on the markets. As a result, this could be manifested by the arrival of another energy crisis, which cost households thousands to tens of … Read more
Amid the trillions of dollars invested in renewable energy capacity, the share of oil and gas in the global energy mix has declined by just a few percentage points Predicting what an industry will look like 20 or more years from now has always been a challenge. There are always unforeseen factors that have the … Read more
EnerMech, a leading supplier of integrated mechanical, electrical, and instrumentation solutions, has secured a pre-commissioning and commissioning contract for a liquefied natural gas (LNG) project. The deal reinforces EnerMech’s position as a trusted partner for complex energy projects around the world. With its expertise and state-of-the-art technology, the company is well-equipped to ensure the successful … Read more
Dresden – Homeowners in Germany fear: Oil heating ban from next year? Compulsory renovations when your own four walls become an energy slingshot? Holger Schubert (41) from Dresden wants to do everything right – before Habeck’s restructuring hammer takes hold. But he becomes a boomerang for him! Because the Saxon monument protection does not play … Read more
/nginx/o/2023/03/09/15189827t1he37e.jpg "Natural gas prices could rise in the coming months. Will it surpass last year’s record?")
Europe can breathe a sigh of relief for now. Thanks to a particularly mild winter and a successfully developed strategy of diversifying supplies and reducing consumption, Europe avoided a catastrophic energy crisis that threatened to unfold after Russia’s invasion of Ukraine. Unused gas storage capacity is around 60%, which is ten percentage points above the … Read more
Jakarta – PT PGN Tbk as Pertamina’s Gas Subholding presents natural gas utilization products for the transportation sector at the Indonesia International Motor Show (IIMS) 2023 at JIExpo. The company offers gas fuel (BBG) with the product name Gasku, which is a natural gas service for vehicles. Gasku users will experience cost efficiency. PGN provides … Read more
The price of natural gas on the European market broke the 50 euro mark. Against the highs of August last year, this is a drop of 80 percent, Bloomberg reported. This is very welcome news for Europe, because due to expensive energy, according to analysts’ estimates, states have already paid a trillion dollars more than … Read more
Share to WeChat Open WeChat, click “Discovery” at the bottom,Use “scan” to share the webpage to Moments. China Business News 2023-02-15 15:57:12 Editor in charge: Hao Yunying On the 13th local time, Russian Deputy Prime Minister Novak stated that Russia’s total oil exports will reach 242 million tons in 2022, an increase of 7.6%. At … Read more