The energy sector has shown an encouraging turnaround in the initial weeks of 2025, becoming a leader after being a laggard over the past two years. Energy Select Sector SPDR Fund XLE has gained 6.5%, ...
The total volume of natural gas sales, including LNG, amounted to 77.76 bln cubic meters in 2024, which is 1.1% lower than the same indicator a year earlier ...
According to the Kommersant's sources, gas may be purchased from January to April in the amount of up to 3 million cubic ...
Chinese researchers apply for patents for ‘submarine cable cutting devices,’ while Russian experts boast on television that ...
U.S. President-elect Donald Trump plans to abolish the requirement for some producers of liquefied natural gas (LNG) to seek ...
Despite challenges, the company is pressing forward with high-profile newbuilds including Eni’s Nguya vessel for Congo and ...
The outgoing US administration has imposed sanctions on more than 200 entities and individuals involved in Russia’s energy ...
President Joe Biden's administration says it's expanding sanctions against Russia's critically important energy sector over ...
Shares of energy companies rallied as traders bet a spike in oil and natural gas futures would continue. Oil prices rose by more than 2% to top $78 a barrel, a multimonth high, amid anticipation of ...
Gazprom provided about 7 percent of Russia's federal budget in 2021, the year before Putin's full-scale invasion. By 2023, it was estimated to provide about half of that as sanctions, reduced ...
Despite a continuing market for LNG, the war in Ukraine has led to Europe turning away from Russian gas exports.
A quarter of the UK’s power comes from fossil fuels, namely gas. The remaining power comes from nuclear (13 per cent), ...