Leni Loberns

Policy makers and individuals can act to mitigate potential health risks from natural gas

Every day, millions of Americans depend on natural gas to power appliances such as ranges, furnaces and water heaters, but until now there has been very little data on the chemical makeup of the gas once it is used. it reaches consumers. Natural gas used in homes in the Greater …

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Outgoing lottery company Camelot sees signs of cost of living crisis hitting sales

Outgoing UK National Lottery operator Camelot has revealed a drop in ticket and instant game sales as it flags signs players have been ‘tightening their belts’ over the soaring cost of the game life. Camelot, which recently took legal action against the Gambling Commission after losing the lottery’s next license …

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Critical EIA Oil Inventory Data Faces Further Delays

The Energy Information Administration will not release any further data, the agency said in an update on highly anticipated inventory numbers due to be released last Wednesday. The data was not released last week after the EIA discovered “a voltage irregularity, which caused hardware failures on two of our main …

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Israel and Saudi Arabia ‘in talks on joint defense against Iran’ | Israel

According to a report, senior military officials from Israel and Saudi Arabia met in secret US-brokered talks to discuss defense coordination against Iran. Delegations from Riyadh, as well as Qatar, the United Arab Emirates, Bahrain, Jordan and Egypt, met with the Chief of Staff of the Israel Defense Forces (IDF) …

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Funding remains Nigeria’s main constraint in the oil and gas sector – Sylva

Nigeria’s Minister of State for Petroleum, Chief Timipre Sylva, said financing remains the main constraint to unlocking the potential of Nigeria’s oil and gas sector. The Minister revealed this during the African Energy Chamber (AEC) Roundtable in Johannesburg, South Africa this weekend. According to him, Nigeria, like most oil-producing countries …

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The G7 struggling with a busy agenda of a disrupted world | G7

A cap on Russian oil prices, postponement of climate change commitments, potential famine in Africa and continued arms supply to Ukraine are to rush at a meeting of G7 world leaders in course of the next three days against the backdrop of the greatest geopolitical crisis since 1945. The agenda …

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Why Chinese imports of US LNG have collapsed

As European LNG buyers snap up shipments from the United States in a race to replace Russian pipeline deliveries, America has become a major supplier to Europe, and its sales to China have soared. reduced to a few shipments shipped so far this year. Chinese LNG imports from the United …

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Hailing social reforms in Saudi Arabia, Italian Foreign Minister Luigi Di Maio says Rome is ready to support the kingdom

RIYADH: Psychedelic researcher Stanislov Grof once wrote that “psychedelics, used responsibly and with proper caution, would be to psychiatry what the microscope is to biology and medicine or the telescope is to astronomy.” . For many, this may seem like a far-fetched claim, but now more than ever it is …

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The repair of the Russian pipeline worries Europe

When Russia shuts off gas through the Nord Stream 1 pipeline for maintenance in July, Europe begins to fear it won’t turn it back on. This week, Russia cut gas flows to Europe to 40% of pipeline capacity, blaming delays in repairing equipment and leaving Germany and other European states …

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Gazprom Dobycha Nadym launches reclamation project for Yamal’s Kruzenshternskoye field development

61% of the field area is located in Sharapov Shar Bay, Kara Sea Source: Gazprom Dobycha Nadym website Gazprom specialists Dobycha Nadym, together with design institutes, are working on technical solutions for the development of the Kruzenshternskoye field. The company will test the development of offshore fields for the first …

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Buyers jostle for long-term LNG contracts in 2022

Demand for long-term LNG contracts has risen sharply in the current year, with suppliers taking advantage of robust demand thanks to a global effort to reduce Russian imports by demanding much higher tariffs for new contracts long-term. According to a Oil and Gas Journal report10-year LNG contracts are currently priced …

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OPEC+ to stick to oil supply boost plan as Biden heads to Saudi Arabia – sources

The logo of the Organization of the Petroleum Exporting Countries (OPEC) is pictured at its headquarters in Vienna, Austria August 21, 2015. Picture taken August 21. REUTERS/Heinz-Peter Bader/ Join now for FREE unlimited access to Reuters.com Register LONDON, June 23 (Reuters) – OPEC and allied producing nations including Russia are …

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Global Natural Gas Pipeline Transportation Market 2022 Industry Outlook – ABB, GE Oil & Gas, Saipem, Technip – Journal l’Action Régionale

MarketsandResearch.biz published a revised version Global gas pipeline transportation market from 2022 to 2028 research that provides critical and up-to-date information on developing engines, trend setting and outlook. Natural gas pipeline transportation provides important information for the years 2022-2028 as a result of extensive expert research. Over the projected period, …

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News from Russia: War in Ukraine Raises Taxes and Cost of Living for Gazprom | World | New

Gazprom, a majority state-owned company, could see the tax rate on its mining extraction temporarily increase later this year amid the Kremlin’s costly war in Ukraine, according to reports. This would see the company take a bigger drop in revenue between September and November. The Russian Finance Ministry has suggested …

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Senator says changing oil price transparency law ‘may take time’

PHILIPPINE STAR/WALTER BOLLOZOS The outgoing chairman of the Senate Energy Committee said so on Wednesday. “can take time” Amend the Petroleum Deregulation Act to include provisions that will make oil prices more transparent through cost unbundling. “The solution to amending the oil deregulation law is not an immediate solution (to …

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UK launches ambitious trade deal with Gulf countries

Talks kick off in Riyadh to strike a trade deal with countries covering £33.1bn of trade UK food and drink, manufacturing and renewable energy sectors would benefit from a new deal between the UK and the Gulf Cooperation Council Landmark deal would add at least £1.6bn a year to the …

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Azerbaijan becomes one of Europe’s main energy suppliers

BAKU, Azerbaijan, June 21. The growing role and opportunities of Azerbaijan, which successfully hosts important events, the participants of which discuss global issues, in particular in the field of European energy security, are internationally recognized. The IX Baku World Forum on “Challenges to the World Order”, held under the auspices …

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Here’s why global oil demand fell this spring

According to data from the Joint Organizations Data Initiative (JODI) cited by Reuters. Falling oil demand in China amid weeks of strict shutdowns in Shanghai spooked the oil market in April and through most of May as China’s zero-COVID policy led to mass testing and closures in the Chinese financial …

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Anthony Joshua’s return adds to Saudi sporting portfolio

Anthony Joshua’s rematch with Oleksandr Usyk has been announced for Saudi Arabia on August 20. Here, the PA news agency takes a look at other competitions held around the country. Formula One The first Saudi Arabian Grand Prix took place in December 2021 with a night race in Jeddah, with …

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Russia temporarily suspends gas supply via Turkish Stream gas pipeline

Russian gas giant Gazprom has announced that it will halt gas delivery through both strings of the Turkish Stream gas pipeline from June 21-28 due to scheduled annual maintenance. The suspension was agreed in advance by all interested parties, Xinhua news agency reported, citing a Gazprom …

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The inevitable result of recessions

Comment A reversal in oil prices and energy stock prices could begin. The reason for this is that oil price reversals are the inevitable result of economic recessions. Of course, this is due to previous price spikes that create demand destruction in the economy. The graph shows the price of …

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Will Biden’s Saudi visit lower oil prices? | Robin Mills

It would therefore be risky to upset the framework, knowing that production cuts could be necessary again soon. Riyadh came to value its relationship with Russia, which offered a variety of strategic and political advantages but, most importantly, allowed management of the oil market without the ever-present threat of giving …

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Expert Panel, Energy News, ET EnergyWorld

New Delhi: A government-appointed panel has suggested that India has sufficient potential to produce hydrogen from domestic coal and the country should strongly pursue this option. This is gaining prominence following Prime Minister Narendra Modi’s announcement of the hydrogen mission on India’s 75th Independence Day. Hydrogen is a clean fuel …

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Rise in jet fuel prices: jet fuel prices increased by 16%; tap a new record

On Thursday, jet fuel prices were raised by 16%, the highest rates on record, to propel rates to a record high, alongside the tightening of international oil rates. The price of aviation jet fuel (ATF) – the fuel that helps planes fly – has been increased by Rs 19,757.13 per …

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Saudi Aramco may merge business units ahead of IPO

Ahead of potential IPO plans for its trading arm, Saudi Aramco is considering a merger between Aramco Trading Co and Motiva Trading, Reuters reported Thursday. Citing two unnamed sources “familiar with the matter”, Reuters said the merger and restructuring of the two business arms could take place by the end …

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Energy leaders at transition conference still betting on fossil fuels

NEW YORK, June 14 (Reuters) – At a global transition conference, energy company executives insisted on Tuesday that fossil fuels, particularly natural gas, are still needed at a time when markets are struggling with tight energy supplies and skyrocketing prices. Oil and gas supplies have become tight in many countries …

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Why gas prices are so high

$1 $2 $3 $4 $5 per gallon 1980 1990 2000 2010 2020 Regular gas monthly average price Average June forecast $4.59 per gallon Adjusted for inflation Not adjusted Source: Energy Information Administration Note: Inflation-adjusted prices are in June 2022 dollars. The average price for June is a forecast. Gas prices …

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Biden says his visit to Saudi Arabia is about Israel, not oil prices

President Joe Biden has awkwardly asserted that his planned trip to Saudi Arabia, where he is expected to tighten ties with Saudi Crown Prince Mohammed bin Salman (MbS) and ‘advance’ from the problem of the murder of Jamal Khashoggi, has little to do with energy. He had this exchange with …

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The 4 Main Types of Bad Credit Loans

The bad credit loans are available to those who don’t have the highest credit score or have no credit at all. The four most common kinds of bad credit loans: Internet-Based Lenders Internet-based companies have become increasingly common over the last few years. Make use of one of the companies mentioned in …

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LME faces $500 million lawsuit over short nickel squeeze

Nickel prices appeared to have bottomed out in mid-May, but the trend remains down. Moreover, recent price action has shown few signs of bullish structures on a weekly basis. In total, the monthly Stainless Metals Index (MMI) fell 9.4% from May to June. LME faces nearly $500 million in lawsuits …

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Paraffin Crude Oil Market

paraffin-ease-crude-oil-market Paraffin Ease Crude Oil Market Report Coverage: Key Growth Drivers and Challenges, Regional Segmentation and Outlook, Key Industry Trends and Opportunities, Competitive Analysis, COVID-19[feminine] Impact analysis and projected recovery, and market sizing and forecasting. Latest research launched on Global Paraffin Crude Oil Market, it provides a detailed analysis …

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Don’t go to Saudi Arabia, President Biden

The news last week that the European Union has reached an agreement to drastically reduce the purchase of Russian oil is a welcome development that signals that the continent is not only united against the genocidal attack on Ukraine, but that its political leaders are prepared to make tough choices …

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ENAGAS SA/ADR (OTCMKTS:ENGGY) notes a significant increase in short-term interest

ENAGAS SA/ADR (OTCMKTS: ENGGY – Get Rating) was the target of a significant increase in short interest in May. As of May 31, there was short interest totaling 10,300 shares, an increase of 232.3% from the May 15 total of 3,100 shares. Based on an average daily volume of 38,100 …

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Biden tells Exxon to start paying taxes

As the US administration grows more desperate each week as gas prices soar above $5 a gallon in the US, President Biden is now going after individual oil and gas companies, know ExxonMobil. A statement from Biden attempting to address May inflation data contained harsh words, both for the oil …

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Bulgarian energy regulator approves 13% drop in natural gas price in June

SOFIA (Bulgaria), June 10 (SeeNews) – Bulgaria’s utilities regulator announced on Friday that it has approved a 13% monthly cut in the wholesale natural gas price for June, to 141.36 levs ($76.55/72 27 euros) per MWh, bringing the price lower than that of the Russian Gazprom which interrupted deliveries to …

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Oil import bill rises 96% in current fiscal year – Latest News – The Nation

Percentage contribution of thermal energy, hydel power decreases in the national energy mix Islamabad – The country’s oil import bill jumped 96% to $17.03 billion in the July-April fiscal year 2022, from $8.69 billion in the same period of the year last. The percentage contribution of thermal power and hydropower …

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Live Updates: Putin says it’s his ‘destiny’ to ‘return and fortify’ territories in Russia

The UK has prepared an ‘alternative’ to EU science programs as membership talks stall, the Minister for Science, Research and Innovation has said. “We in this country have voted to leave the European Monetary and Political Union,” George Freeman told the Financial Times’ Investing in Space conference on Thursday. Freeman …

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Biden’s trip to Saudi Arabia won’t solve oil market problems

When news broke last week that President Biden was planning a visit to the Middle East that would include Saudi Arabia, many industry watchers saw signs of a “thaw” in relations between Washington and Riyadh. They also saw the prospect of lower oil prices. It was, after all, to drive …

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Stocks fall on rupiah and fiscal worries

KARACHI: A range-bound trading session took place on the Pakistan Stock Exchange on Tuesday due to further devaluation of the rupee against the dollar as well as growing investor concerns over new taxes in the upcoming budget, a report said. declared Arif Habib Ltd. The government is expected to set …

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Groningen gas should be a ‘real option’ if Russia cuts supplies further

Photo: Depositphotos.com The government should seriously consider increasing gas production in Groningen to avoid shortages this winter if Russia continues to restrict supplies, officials said on Tuesday. Mining advisory board Mijnraad said in its latest analysis that the country should aim to fill its gas reserves to 100% capacity, above …

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After tax suspension, gas prices still high: AAA says blame oil prices

ROCHESTER, NY (WROC) — On June 1, New York State suspended the excise tax on motor fuel and diesel. On Monday, some gas stations were a little lower, with some climbing even higher — gradually approaching the $5.00 mark for a gallon of regular fuel. The average price in Rochester …

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Desalination project signifies potential for business-university partnerships in Saudi Arabia

DUBAI: The worlds of business and academia are too often seen as mutually exclusive. But as nations seek scalable solutions to the climate crisis, while trying to meet the demands of ever-growing populations, there is certainly merit in working to combine the efforts of these two forces. Take the recent …

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New financial conditions, same climate calculation | Reviews | Eco-Enterprise

In its latest assessment, the Intergovernmental Panel on Climate Change has offered a comprehensive overview of what it will take to keep global warming below 1.5° Celsius, compared to pre-industrial levels, according to to the 2015 Paris climate agreement. The bottom line is simple: greenhouse gas emissions must peak by …

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Sanctions against Gazprom Germania set to cost German consumers 5 billion euros: report

The sanction against Gazprom Germania, a former subsidiary of Russian energy giant Gazprom, is expected to cost German gas consumers 5 billion euros, according to the German daily WELT AM SONNTAG reported. According to the report, the company, which is under the external control of Germany’s Federal Network Agency, is …

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PPP leader slams government for rising oil prices

MARDAN: The central leader of the Pakistan People’s Party and former federal minister, Khwaja Mohammad Khan Hoti, has criticized the government for raising the prices of petroleum products and electricity. Speaking to the media here, Mr Hoti said the masses had already been hit hard by the rising prices they …

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Oman announces new oil discoveries and oil and gas deals with Iran

Saudi Arabia sets the stage for UN tourism summit as travelers seek post-pandemic change RIYADH: Saudi Arabia will host the 116th Executive Council of the United Nations World Tourism Organization on June 7-8 in Jeddah, with around 180 participants from around the world. The two-day event will deliberate on all …

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TC Energy (TSE:TRP) Earns “Hold” Rating from US Capital Advisors

TC Energy (TSE:TRP – Get a Rating) (NYSE:TRP)‘s stock had its “hold” rating restated by US Capital Advisors equity research analysts in a note to investors released Wednesday, Zacks.com reports. Several other stock analysts have also recently released reports on the company. Wells Fargo & Company cut its price target …

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New drilling stops in US oil patch

By Julianne Geiger – Jun 03, 2022, 1:10 p.m. CDT The total number of active rigs in the United States remained the same this week, after one rig fell the previous week, according to new data from Baker Hughes released on Friday. The total rig count remained at 727 this …

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Blinken: Saudi Arabia ‘essential partner’ in expanding Abraham Accords

US Secretary of State Antony Blinken said on Wednesday that Saudi Arabia was an “essential partner” in countering Iran’s power in the Middle East and helping expand the Abraham Accords, which normalized ties between Israel and the Arab countries. Blinken was asked about the Biden administration balancing its efforts to …

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EPA moves to empower states and tribes to potentially block gas pipelines and coal terminals

The pipeline used to transport crude oil is shown at Enbridge Energy’s terminal in Superior, Wisconsin, June 29, 2018. (AP Photo/Jim Mone, File) The Environmental Protection Agency said on Thursday it would seek to return powers to states to oppose gas pipelines, coal terminals and other projects that threaten lakes, …

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India’s GAIL seeks long-term LNG deal, plans to expand ties with Russia’s Gazprom

©Bloomberg India’s GAIL plans to import more LNG from Gazprom’s trading arm in Singapore. India’s gas utility GAIL is seeking a one million tonnes per annum (tpy) liquefied natural gas (LNG) import deal for ten years from 2023 to help meet the country’s growing demand for cleaner fuels amid rising …

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What is the exceptional tax on oil companies?

Russia’s attack on Ukraine has upended the supply chain, pushing global inflation to uncomfortable levels. And one of the reasons for soaring inflation is the sharp rise in crude oil prices. But as public finances bleed, oil and gas companies around the world are hitting money, whether …

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Oil prices rise as OPEC prepares to set new production targets | OPEC

Oil prices rose ahead of Thursday’s meeting of the OPEC cartel of oil-producing nations, as ministers prepare to set production targets for July at their first meeting since the EU imposed restrictions. sanctions on Russian crude. OPEC is under pressure from some members to exclude Russia, the world’s third-largest oil …

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G7 unveils controversial ‘hydrogen action pact’ to tackle climate crisis and Russia’s dependence on gas

The Group of Seven (G7) industrialized economies have launched a new hydrogen pact to accelerate the development of blue and green hydrogen and hydrogen2 derivatives such as ammonia, in the hope that they can play a role in tackling the ongoing climate crisis and the energy crisis exacerbated by Russia’s …

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Russian gas company Gazprom to cut off part of Shell’s supply

gas line technician Shell said it would work to keep gas flowing to customers in Europe after Russian energy firm Gazprom said it would cut supplies from tomorrow. Gazprom said it would cut off supplies from Denmark’s Orsted and Shell for its contract to supply gas to Germany, after the …

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India’s domestic crude oil production falls to 28-year low in FY22

Production has declined every month for the past 4½ years in the core sector index; old fields among the probable reasons Topicscrude oil production | CGSB | oil Domestic crude oil production has been declining since FY 2014-15 (FY15), falling to just 28.4 million tonnes (MT) in FY22, the …

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Is Tesla really competing with the automotive industry – or oil and gas?

Every new electric vehicle is compared to Tesla. General Motors CEO Mary Barra even said her company will sell more electric vehicles than Tesla by the mid-2020s. Lucid and Rivian are “Tesla Killers.” And Henrik Fisker seems to have a particular bee in his hood about Elon Musk quitting Twitter …

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TC Energy Corporation – Consensus indicates 2.8% upside potential

TC Energy Corporation with ticker code (TRP) now have 9 analysts covering the stock with the consensus suggesting a ‘Hold’ rating. The range between the target price high and the target price low lies between 73.08 and 41.05 and has an average objective at 58.7. Now, with the previous closing …

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Pakistan ready to buy oil and wheat from Russia amid rising fuel prices

Pakistan has said it is open to importing oil and foodstuffs from Russia amid the ongoing backlash against the country for invading Ukraine. Speaking at a press briefing, Pakistani Foreign Ministry spokesman Asim Iftikhar said the country had an ‘open door policy’ driven by the national interest …

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The BRICS reached consensus on the expansion process; may include Saudi Arabia, Argentina: China

China said Friday (May 27) that the foreign ministers of Brazil, Russia, India, China and South Africa (BRICS) had “reached consensus on its expansion process and agreed to include new developing countries. Beijing holds a rotating presidency of the BRICS bloc this year, and its foreign ministry said on Friday …

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Meriden officials hope to expand food waste diversion program

MERIDEN — The city recently ended a four-month co-collection program to divert food waste from state landfills and asked to expand it to 2,300 additional homes. About 1,000 households in Meriden were the first in the state to participate in a food waste co-collection program in hopes of demonstrating how …

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No disruption to Gazprom’s Russian LNG supply due to sanctions: GAIL

Despite the geopolitical crisis, India’s biggest gas company GAIL has been steadily sourcing LNG under a long-term deal with Russia’s Gazprom, the company’s chairman and chief executive, Manoj Jain, said on Friday. GAIL has a long-term agreement to import 2.85 million tonnes per year of liquefied natural …

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Rising oil prices and electricity costs put immediate pressure on labor

The new Labor government faces an immediate test of its election promise to tackle cost of living pressures as a rebound in the global oil price threatens to swallow petrol price relief due to the reduction of excise duties on fuel and that consumers prepare for an impending spike in …

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Two US officials traveled to Saudi Arabia for oil, Iran talks

Two senior US officials traveled to Saudi Arabia this week to discuss energy supplies and Iran with officials from the oil-rich kingdom. Brett McGurk and Amos Hochstein were the two US officials who visited the Gulf [source: Getty] Two senior US officials visited Saudi Arabia this week for talks on …

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The Metropolitan Council of the capital is outraged by the natural gas crisis

PESHAWAR: The Capital Metropolitan Council witnessed a lively discussion on the natural gas crisis in Peshawar on Wednesday with calls from members to raise the issue with affected wards. Members expressed their grave concern over the lack of Sui gas supply in most areas of the provincial capital when speaking …

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European Parliament dithers on banning Russian lobbyists

Political pressure is mounting for the European Parliament to unilaterally strip Russian lobbyists of their access badges. “The accreditation of lobbyists from Gazprom and other entities affiliated with the Russian state should be revoked immediately,” said Pedro Marques, vice-president of the Socialists & Democrats group, on Wednesday May 25. His …

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Oil advances on tight supply and an expected rise in demand

Storage tanks are seen at the Petroineos Ineos oil refinery in Lavera, France, March 29, 2022. REUTERS/Benoit Tessier Join now for FREE unlimited access to Reuters.com Register French minister optimistic about EU oil embargo Memorial Day weekend trips to the United States will be the busiest in two years U.S. …

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Carnival plans to sell Seabourn to Saudi investors

Seabourn has built five larger cruise ships and is now adding cruise ships for expedition cruises (Seabourn) Posted on May 24, 2022 9:36 PM by The Maritime Executive Carnival Corporation, which is the largest cruise line in the world, is …

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Eni and TotalEnergies start drilling off Cyprus

Italy’s Eni and France’s TotalEnergies began exploratory drilling of a natural gas well off Cyprus on Monday in the same block where a discovery was made in 2018. On Monday, the Tungsten Explorer drillship arrived off Cyprus to start drilling in Block 6, where Eni Cyprus and TotalEnergies EP Cyprus …

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Greek DEPA completes payment to Gazprom for April gas deliveries – report

The Gazprom company logo is seen on the facade of a business center in Saint Petersburg, Russia, March 31, 2022. REUTERS/Reuters Photographer Join now for FREE unlimited access to Reuters.com Register ATHENS, May 23 (Reuters) – DEPA Commercial, Greece’s biggest gas importer, paid Russian gas producer Gazprom (GAZP.MM) in euros …

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China’s oil demand must stay weak or we’ll have a tough summer (IEA)

Speaking to CNBC on Monday, the executive director of the International Energy Agency discussed the intricacies of the energy transition and the competing challenges that will need to be balanced in the years to come. Imaginima | E+ | Getty Images The executive director of the International Energy Agency spoke …

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Iran-Oman gas pipeline project requires lifting of US sanctions

Iran’s official IRNA news agency reported that during Oil Minister Javad Owji’s visit to Oman, the two countries agreed to relaunch an offshore gas pipeline project. Neither Oman’s oil ministry nor the Omani media confirmed the deal after Saturday’s meeting. Iran and Oman signed a memorandum of understanding in 2003 …

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kyiv rules out ceasefire as Russia steps up offensive in eastern Ukraine

Polish President Andrzej Duda, who met President Volodymyr Zelenskiy in Kyiv last month, returned on Sunday to address Ukraine’s parliament, the first foreign leader to do so in person. After putting an end to weeks of resistance by the last Ukrainian fighters in the strategic port of Mariupol, in the …

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Oil market fears recession more than tight fuel stocks

The oil market wrapped up another volatile week of hectic trading, swinging up and down in the $5 a barrel range as it was torn between bullish and bearish catalysts back and forth each day. The two landmarks reached an eight-week high early Tuesday, only to pull back later in …

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Reviews | Biden’s risky contacts with Saudi Prince Khalid bin Salman

Placeholder while loading article actions Prince Khalid bin Salman of Saudi Arabia is not a household name but should be notorious. As the oil-rich kingdom’s ambassador to Washington in the fall of 2018, he assured journalist and Post contributor Jamal Khashoggi that he could safely collect some paperwork he needed …

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Forget LPG, Get Cheaper Piped Gas in TN by Year End – The New Indian Express

Express press service CHENNAI: As the price of a cylinder of cooking gas tops Rs 1,000 across Tamil Nadu, households in East Tambaram, Sholinganallur, Karapakkam, Semmencherry, West Tambaram and Perungudi may soon be able to switch to relatively cheaper natural gas connections. While the 24/7 supply of piped gas will …

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Russia says it will increase military presence near western border

Italy presented United Nations Secretary-General Antonio Guterres this week with a four-point peace plan to end the conflict in Ukraine. “We are working with partners and allies, including Ukraine, on a peace plan,” an Italian foreign ministry spokesman said, declining to give further details. The plan calls for local ceasefires …

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Brent-WTI Oil Price Gap Reversals | Rigzone

(The views and opinions expressed in this article are those of the attributed sources and do not necessarily reflect the position of Rigzone or the author.) In this week’s edition of hits and misses in the oil and gas industry, regular market watchers at Rigzone focus on the reversal of …

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Global Energy Transition (O&G) Market Opportunities / 2022 Analysis Report with Shell, BP, TotalEnergies, Saudi Aramco, ExxonMobil, Chevron, Sinopec, Petronas, Ecopetrol, Lukoil

DUBLIN, May 19, 2022 /PRNewswire/ — The “Growth Opportunities of the Global Energy Transition” report has been added to from ResearchAndMarkets.com offer. This study reviews the innovations and strategies of 10 major oil and gas companies around 7 key pillars of the energy transition: eMobility; renewable energy; hydrogen; Carbon Capture, …

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Armis Launches Critical Infrastructure Protection Program

Armis announced the Critical Infrastructure Protection Program (CIPP) to help organizations supplying systemically important entities such as power, water, seaports and wastewater identify and fortify assets in need of urgent safety improvements. Under this new program, critical infrastructure providers in the United States and NATO-aligned countries will have free access …

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The war crimes trial of a Russian soldier in Ukraine has been adjourned until Thursday after he pleaded guilty

Russia has declared 34 French diplomats “persona non grata” in the country in response to a decision by France to expel 41 Russian diplomats in April, the Russian Foreign Ministry said on Wednesday. The French ambassador to Moscow, Pierre Lévy, was summoned to the Russian Foreign Ministry on Wednesday, and …

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Countries banning food exports amid rising prices and inflation

India has banned wheat exports as grain prices have jumped this year partly due to the Russian-Ukrainian war. T.Narayan | Bloomberg | Getty Images India has banned wheat exports, becoming the latest country to do so as grain prices have surged this year in part due to the Russia-Ukraine war. …

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Sportswashing has never been easier – but the Saudis hit oil again with the spirit of Newcastle

It was easy for Amanda Staveley and PIF to get Newcastle fans to buy into their project – but the owners must never spoil the unity that currently drives the Magpies… Say what you owe on the Saudi PIF – and there are many things that absolutely must be said …

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Why Rattler Midstream Stock Jumped Today

What happened Shares of Rattler in the middle of the current (RTLR 14.16%) jumped 14% on Monday after the midstream oil and gas company agreed to be acquired by Diamondback Energy (CROC -1.60%). So what Diamondback created Rattler Midstream in 2018 to house its energy-focused infrastructure assets. The Partnership owns …

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Russian threat of European gas disconnection begins to fade

The threat of an abrupt halt in Russian gas exports to Europe has receded as European Union authorities and Russian officials move closer to a deal that will avoid a stalemate over currency denomination demands . The European Commission reportedly issued guidelines on Friday on how EU companies can pay …

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Anakpawis party list urges Congress to hold special session to deal with rising oil prices

By Billy Begas The Anakpawis party list on Monday called on lawmakers to “decisively perform the patriotic act” and hold a special session to deal with rising oil prices. National Anakpawis President Ariel Casilao has called on incumbent lawmakers to repeal provisions relating to excise duties and Value Added Tax …

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Ticker: Ski visits hit record high for 2021-22 season; Saudi oil profits jump 80%

The 2021-2022 ski season broke a record for the total number of skier visits to resorts across the country. The national figure of 61 million skier visits was up 3.5% from the previous season, according to the National Ski Area Association. “This record attendance indicates that the ski industry in …

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IOC questions Olympic boxing leadership after IBA election

FILE – Russian Boxing Federation Secretary General, International Boxing Association (AIBA) Executive Committee Member Umar Kremlev holds a news conference in Moscow, Russia October 27, 2020. The Russian incumbent’s challenger at the presidential election at the struggling International Boxing Association was ruled ineligible a day before the vote. Umar Kremlev …

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Faster transition to renewable energy will get Canada off fuel price roller coaster, economist says

While Canadians are paying record prices at the gas pump, fossil fuel companies have reaped record profits. Calgary-based Suncor tripled its profits over the past year, from $821 million to $3 billion. The cost of producing petroleum-based products like gasoline and diesel has not increased, according to Jim Stanford, an …

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Saudi Arabia and Kuwait seek to exploit the potential of the Al-Durra gas field

Saudi Arabia and Kuwait seek to exploit the potential of the Al-Durra gas field Saudi Energy Minister Prince Abdulaziz bin Salman with his Kuwaiti counterpart Mohammed Al-Fares. (Provided) The foreign ministries of Saudi Arabia and Kuwait issued a joint statement last month affirming their right to develop and “exploit the …

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Five points: is talk of a recession justified? Follow the data

Breadcrumb Links PMN technology PMN Company Author of the article: Content of the article (Refiles to change number on last theme to 5 of 4. No other changes to text) A deluge of data from major economies comes at a pivotal moment in the debate over whether central banks are …

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UK increases LNG imports, but consumers unlikely to see relief

The UK bucked the pan-European trend of soaring wholesale gas prices as shipments of liquefied natural gas eased a shortage that drove prices up last year and kept them there. But consumers won’t feel price relief any time soon. Bloomberg reported this week that the daily price of natural gas …

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Amateur boxing crisis grows as Russian President Iba’s electoral rival is banned | Boxing

Amateur boxing has been plunged into a new crisis after the sport’s only rival to Russia’s president was banned from running on the eve of the International Boxing Association election. Sources close to Iba told the Guardian that Dutch candidate Boris van der Vorst, who was due to challenge Umar …

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Saudi Arabia-listed Petro Rabigh posts $173m profit as oil prices soar in first quarter

RIYADH: Saudi shares closed lower for the fourth straight day in the final trading session of the week as traders struggled to gain ground and energy prices fluctuated. Oil price volatility continued, with Brent crude hitting $105.38 a barrel and WTI crude hitting $103.61 a barrel, as of 3:32 p.m. …

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Growth in natural gas production in the United States will exceed demand this summer: NGSA

Strong points Summer-to-summer daily production growth forecast at 3.6 Bcf/d Future production growth of 1 Bcf/d above demand growth U.S. natural gas production will increase significantly this summer compared to the summer of 2021, outpacing increases in demand, according to the Natural Gas Supply Association’s 2022 summer outlook. Not registered? …

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EXPLAINER: What are the fallout from the shutdown of the pipe in Ukraine? | Economic news

The closure of a gas pipeline in eastern Ukraine has sent a new wave of energy jitters across Europe. The price of gasoline jumped, then fell. The cut is clear because it is the first time that the war has disrupted Russian natural gas flowing through Ukraine on its way …

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Dana Gas more than doubled its first-quarter net profit amid rising oil prices

Sharjah-based Dana Gas, one of the Middle East’s largest private natural gas companies, more than doubled its net profit in the first quarter as revenue surged amid rising oil prices. Net profit for the three months to the end of March jumped 125% to 198 million dirhams ($54 million), the …

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US gas prices have peaked, but the oil market may signal relief

As the summer driving season approaches, the national average price for regular gasoline climbed Tuesday to a nominal record high of $4.37 a gallon. But relief could be on the way, with oil prices falling below $100 a barrel, down about 10% since the weekend. It may take a week …

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Voluntary Natural Gas Pricing Policy Receives Updates from FERC

Related practices and jurisdictions On April 21, 2022, the Federal Energy Regulatory Committee (FERC) revised its guidance regarding voluntary reporting of natural gas transaction prices by market participants to price index developers (e.g., NGI, S&P, OPIS, Argus, ICIS and others). Specifically, FERC issued a Revised Policy Statement (RPS) amending the …

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