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Category natural gas

European gas prices stabilise as Norwegian exports resume

European gas prices stabilise as Norwegian exports resume

The European gas market has seen a slight dip in benchmark prices, with the TTF benchmark falling to EUR 32 per MWh.  “This was probably due to the...
China’s crude stockpile a critical buffer for global oil market, says Rystad Energy

China’s crude stockpile a critical buffer for global oil market, says Rystad Energy

Despite global oil markets being in backwardation, a state where current prices exceed future delivery prices and typically discourages storage, Ch...
Kuwait’s ambitious renewable energy goals face reality check

Kuwait’s ambitious renewable energy goals face reality check

Kuwait faces a growing energy crisis due to extreme heat, aging infrastructure, and frequent power outages, despite ambitious plans to boost renewa...
US and Europe’s continued trade with Russia raises sanction efficacy questions

US and Europe’s continued trade with Russia raises sanction efficacy questions

On Saturday, US President Donald Trump announced that the United States was ready to impose new energy sanctions on Russia.  However, this action w...
US pushes faster Russian energy exit, EU sticks to 2028 target

US pushes faster Russian energy exit, EU sticks to 2028 target

Following a meeting with US Energy Secretary Chris Wright, EU Energy Commissioner Dan Jorgensen stated on Thursday that the EU remains committed to...