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Fuelling energy woes, Uzbekistan sees drop in gas output
Production is falling as demand increases, forcing country to look to Russia for energy supplies.
GLNG: US positioned to become world’s largest LNG exporter as three more projects look set to be approved
European gas prices slump to 18-month low
The front-month contract at Europe’s premier TTF gas hub dipped below €50 per MWh ($567 per 1,000 cubic metres) on February 21 for the first time this year, amid easing fears of shortages, warm weather, ample LNG and lower industrial demand.
Gas prices fall further on record 64% full European gas tanks
Gas reserves in Europe's underground storage facilities (UGS) have dropped to 69bn cubic metres and are 63.7% full as of February 22, Gas Infrastructure Europe (GIE) reports.
The lights of Lviv are dim but its spirit remains bright
In the face of energy instability and missile strikes on critical facilities, Lviv, western Ukraine's largest city, has dimmed its street lights. But cafes, bars, shops and restaurants continue to buzz as life shines through the smog of war.
Ford, Koc, LG Energy Solution sign MoU for EV battery cell production JV in Turkey
Enterprise to help deliver on commitment to produce batteries in the same region where the auto giant produces electric vehicles.
ENERGO: Joint venture to develop 1 GW of onshore wind in Poland
Renewable Power Capital (RPC) and Tundra Advisory have announced a joint venture to develop up to 1 GW of onshore wind in Poland.
One year on: Sanctions had a very limited effect on Russia's economy in 2022
RosStat reported an even milder contraction in Russia's GDP in 2022 than the most optimistic forecasts from all the economists that follow Russia on February 20. This has been the least painful of all the crises since the fall of the Soviet Union.
Russia's oil output cut may only last for March: Novak
AsiaElec: Indonesia’s coal addiction proving very hard to kick
AsianOil: Increased LNG orders in China mask rural shortages
FSUOGM: Lukoil signs deal to develop Caspian fields off Kazakhstan
EurOil: Imports of Russian gas to Czechia dropped to zero in January
LatAmOil: Pemex’s legacy refineries continue to underperform
DMEA: Cabinda tests to begin in December
MEOG: IDC completes another Zubair well
Boom in solar power production in North Macedonia creates problems for power grid
Skopje eased procedures for households and companies to install rooftop solar panels and sell energy back to the grid, officials are now trying to find a solution to the fluctuations in supply.
HESS: Russia is down, but not out, in Central Asia
Russia’s invasion of Ukraine has weakened its influence in Central Asia, especially in Kazakhstan. Russia is no longer a regional hegemon, which may increase regional instability. Tensions between Kyrgyzstan and Tajikistan are especially dangerous.
Rosatom’s nuclear exports surge in 2022
Russia's nuclear exports were already booming well before the war in Ukraine started but now they are growing even faster. Moscow is using nuclear power as foreign policy tool to bind allies in the non-aligned world more tightly to its cause.
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