Tag Archives: long term

Aramco rises in times of crisis

Aramco rises in times of crisis Despite all the challenges such as oil price volatility, uncertainty caused by the ongoing Russian-Ukrainian crisis and the economic slowdown resulting from the pandemic, Saudi Aramco remains among the top performers in the energy league. The oil giant’s performance is evident in its 2021 …

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Oil prices are rising⁠ and pipeline stock dividends are rising. Here’s how to play it.

Sanctions on Russia are shaking up global energy markets, pushing crude oil above $100 a barrel and pushing U.S. gasoline prices to an average of $4.30 a gallon, up almost 50% last year. He also made the energy sector a superstar this year. Of the 11 sectors of S&P500, energy …

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‘It’s a fossil fuel war’: Ukraine’s top climate scientist speaks out

This story was originally published by the Guardian and is reproduced here as part of the Climate office collaboration. For Svitlana Krakovska, Ukraine’s top climate scientist, it was the week when eight years of work culminated in a landmark UN report exposing the devastation the climate crisis is causing around …

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The war in Ukraine accelerates the fall of the dollar

Last week, former New York Fed staffer Zoltan Pozsar sent shock waves through Wall Street as he last piece of researchhe hinted that following the war in Ukraine, which resulted in a “commodity collateral” crisis (and which is rapidly turning into an old fashioned liquidity crisis), the Chinese PBOC will …

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UK oil prices – live: Drivers pay ‘incredibly high’ costs as RAC says diesel ‘on track to reach £1.70 a litre’

Drivers queue for fuel in England as motorists are hit by rising oil and diesel prices With average petrol and diesel costs hitting record highs in the UK, drivers will see ‘unbelievably high prices on the forecourts’, the RAC has warned, as petrol has reached over £2 a liter in …

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Staples: Alberta offers a way out of North America’s chaotic energy policy

Breadcrumb Links Politics national Columnists Energy security is the most burning domestic issue in the United States right now. Biden and his Democrats are reportedly considering importing more oil from dictatorships like Venezuela, Saudi Arabia and Iran. Publication date : March 09, 2022 • 57 minutes ago • 3 minute …

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Saudi local industry secured $21 billion in investment in 2021 – minister

RIYADH, March 7 (Reuters) – Saudi Arabia attracted 81 billion riyals ($21.6 billion) of investment in the industrial sector in 2021, both for the private sector and for joint ventures with government entities, said the Saudi Minister of Industry on Monday. The kingdom has set lofty goals to diversify its …

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What will happen if Russia cuts gas supplies to Europe?

Gas prices in Europe soared as Russia launch a military operation in Ukraine. Air raid mermaids sounded in the Ukrainian capital of Kiev last week as President Vladimir Putin ordered an attack on several cities – with missiles and troops sent into the country. Videos captured by eyewitnesses show long …

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Germany approves $14.7 billion package amid rising energy costs; hydrogen will become a market of 1 billion dollars per year: NRG counts

Green energy is the future, but demand for oil and gas is here to stay: Zamil Group CEO Oil-real estate investment firm Zamil Group plans to enter the renewable energy market, company CEO Adib Al Zamil said. “Investing in new sectors is what kept us going as a group. We …

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Saudi Arabia denounces short-sighted campaign against oil

The world’s biggest oil exporter, Saudi Arabia, has repeatedly said it wants to be the producer that pumps out the very last barrel of oil. In the meantime, the world and its growing economy will still need oil and gas, even as renewable energy capacity soars globally. The rebound of …

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The pros and cons of using natural gas to power Cayman Islands

Over the years, natural gas has been recommended as an alternative fossil fuel. Even in the local monopoly’s integrated resource plan, natural gas is sought as a substitute for diesel fuel. However, natural gas has advantages and disadvantages which, when discussed, must be explained in a fair and balanced manner. …

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Aviation Fuel Market Report SWOT Analysis, Japan Leading Business Growth, Regional Revenue by 2031

A recent study on the Aviation Fuel Market aims to leverage insights gained from the qualitative and quantitative data assessment for the forecast period 2021-2031. The Aviation Fuel Market insight report dives deep into aspects such as but not limited to market size, growth, and share across different regions to …

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Campaign against oil and gas investment short-sighted, Saudi energy minister tells IPTC 2022

RIYADH: As Arab states push ahead with economic diversification plans, experts watching geopolitical developments remain optimistic about the future of the Gulf region, but warn that strong global and political headwinds persist. Experts gathered at a recently concluded conference at the Arab Gulf States Institute in Washington, also known as …

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Analysts Warn of NorthWestern Crossing Yellowstone River Pipeline | State and Region

River experts warn of the location of a proposed gas pipeline under the Yellowstone River near Laurel. In a report filed with Yellowstone County this week, Water Rights Inc. raised concerns about the southward migration of the river into the proposed Byron Pipeline crossing area. Byron is intended to cross …

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Chinese electric vehicle stocks fly again

Over the past few years, investors have been pumping money into electric vehicle startups and other green tech start-ups at a record pace, with many electric vehicle startups going public through the so-called SPAC deals. . Also known as blank check companies, special purpose acquisition companies are companies that do …

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Gazprom Neft wraps six ships in shallow waters

Russian oil company Gazprom Neft recently completed a seismic data acquisition project on the Yuzhno-Obsky license block, located in the waters of the Gulf of Ob in the Kara Sea. The objective of the six-vessel survey campaign was to clarify the structure of promising underlying geological features. The vessels were …

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How do I apply for same-day loans

If you choose to apply for a sameday loan then follow these four steps for applying:

Compare and shop around different lenders.

Don’t choose the first one you come across. Consider all lenders to locate the best credit for your requirements. Make sure you examine rates and any charges imposed by the lending institution. With credibility, you are able to quickly compare prequalified rates from a variety of lenders in less than two minutes after filling in a single form.

Fill out the form

If you qualify for personal loans then you’ll have to submit a complete application as well as complete any required documents. Be sure to complete and accurately complete the application and submit the documents promptly to avoid delays.

Accept the loan offer

Review your loan offer thoroughly to ensure there aren’t any surprises later in the future. If you are satisfied with the terms, you can confirm that you have accepted the loan and begin the financing process.

How to get your money

If receiving your funds through Direct Deposit You’ll need to enter the routing number of your bank as well as your account number. This allows the lender to direct deposit the funds to your bank account.

What do you need to know prior to making a decision to take out a same-day loan?

Before you take out a loan, make certain to research the lender thoroughly and go over the conditions and terms. If you’re unable to meet the necessary repayments, then the loan may not be the best option to meet your financial needs. Be aware that you may be able to take out a modest loan from some lenders, and it can be more affordable to pay back over the long term.

It is also common to require evidence with your application like paystubs or the most current tax returns to prove your earnings.

10 WorldTeams confirmed for the Tour of the Alps

Ineos Grenadiers and Groupama-FDJ are among the 10 WorldTour teams confirmed to participate in this year’s Tour of the Alps, from April 18-22, including on their preliminary lists the former winners of the race, the 2019 champion Pavel Sivakov and the 2018 champion Thibaut Pinot, respectively. . A total of …

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Explanation: what happens to Europe’s energy if Russia acts?

Fears are growing about what would happen to Europe’s energy supply if Russia were to invade Ukraine and then halt natural gas exports in retaliation for US and EU sanctions. The tensions show the risk of Europe’s dependence on Russia for energy, which provides around a third of the continent’s …

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Zuraida: The government is committed to protecting the long-term interests of the palm oil industry

KUALA LUMPUR (5 February): The Ministry of Industries and Plantation Products (MPIC) will continue to work hard to ensure that the long-term interests of the palm oil industry are safeguarded and to help smallholders d palm oil and other stakeholders. This is despite US and EU sanctions imposed on Malaysian …

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Aramco announces the launch of Prosperity7 Ventures

DHAHRAN — Saudi Aramco on Tuesday officially announced the launch of Prosperity7 Ventures, a billion-dollar venture capital fund. The fund has been operational for more than a year, but was officially launched on Tuesday by Aramco Chief Technology Officer Ahmad Al-Khowaiter at the LEAP 22 technology conference in Riyadh. Prosperity7 …

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UK Defense Secretary backs de-escalation of Ukraine-Russia crisis

BUDAPEST: British Defense Minister Ben Wallace said on Monday that it was important to defuse the Ukrainian-Russian crisis because a war would lead to greater instability, higher fuel prices and migrant flows. Wallace also expressed support for Hungarian Prime Minister Viktor Orban’s planned trip to Russia on Tuesday for talks …

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Ampo Poyam Valves signs supply agreement with Aramco

Ampo Poyam Valves recently signed a Corporate Supply Agreement (CPA) with Aramco covering a partnership on the development and supply of highly technical valves as well as ad-hoc and high value-added services. The agreement also includes the provision of technical support during start-up, commissioning, engineering solutions, equipment selection, preventive and …

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How climate and the Nord Stream 2 gas pipeline underpin the standoff between Ukraine and Russia

As tensions simmer on the border between Ukraine and Russia, the Nord Stream 2 gas pipeline has become the emblem of the energy and climate issues underlying the conflict, even if it has not yet delivered a molecule of natural gas. Last week, the US State Department promised that Gazprom’s …

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Hungary will seek more Russian gas amid energy crisis, says Orban

BUDAPEST, Jan 28 (Reuters) – Hungary will seek to increase the amount of gas it receives from Russia in talks with President Vladimir Putin next week, Prime Minister Viktor Orban said on Friday. Hungary, a member of the European Union and NATO, concluded a new long-term gas supply agreement with …

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FTSE 100 Live January 28: Apple’s sales record dampens Wall Street’s tech jitters, BHP exits top flight, oil price at $90

1643366527 Slowdown session as BHP exits FTSE 100 BHP’s latest session in the FTSE 100 index prompted a surge in activity today as tracking funds ended their exposure to one of London’s biggest stocks and top dividend-payers . The mining giant’s decision to transfer its main listing to Sydney as …

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The Hype Around Carbon Capture Is Causing Problems

After years of promoting carbon capture and storage (CCS) technologies as a mid-term solution to clean up fossil fuel production, many are now concerned about the caliber of CCS projects currently underway. As oil companies around the world rush to integrate CCS into their operations, to decarbonize without giving up …

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Saudi Arabia’s ambitious space program gives a taste of exciting collaborations to come

JEDDAH: Over half a century ago, Neil Armstrong and Buzz Aldrin became the first to set foot on the surface of the moon. Since this historic milestone, governments, scientists and now entrepreneurs have set their sights on more distant and ambitious goals. From Jeff Bezos’ forays into space tourism with …

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Newsmaker: Abdulaziz Bin Salman — Crude and Covid, Volatility and Virus

The most fundamental law of economics is that of supply and demand. When supply is high, prices are low. And when demand is high, prices are high. The modern global economy, so interconnected and dependent on every component, has never really had to deal with the economic laws that have …

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Aramco gains a foothold in Russia’s backyard with Polish oil deal | OPEC News

Aramco, the world’s largest oil company, will buy 30% of a refinery on the Baltic coast, as well as a wholesale unit of fuel. Through Anthony Di Paola and Maciej MartewiczBloomberg Posted on January 12, 2022Jan 12, 2022 Saudi Aramco‘s deal to supply nearly half of Poland’s oil will give …

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Global Video Inspection Equipment Market to 2028 – Impact and Analysis of COVID-19 – ResearchAndMarkets.com

DUBLIN – (COMMERCIAL THREAD) – The report “Video Inspection Equipment Market Forecast to 2028 – COVID-19 Impact and Global Analysis” has been added to ResearchAndMarkets.com offer. The global video inspection equipment market is expected to grow from US $ 1,311.63 million in 2021 to US $ 1,834.35 million by 2028; …

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Saudi Arabia’s cement market will grow by 1.66 million tons | Evolving opportunities with Al Safwa Ltd. and Arabian Cement Co. SAE

Read the 120-page report with TOC on “Cement market at Saudi Arabia Analysis report by Application (Residential & Commercial) and Geography (Central, West, South & East) and Segment Forecast, 2021-2025 “. Get competitive insights from market leaders. Track key opportunities, trends and Industry threats Information on marketing, sales, branding, market …

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F / A-18 Hornets strengthen US presence in Saudi Arabia

Marine Fighter Attack Squadron 115, or VMFA-115, the “Silver Eagles”, has deployed its F / A-18C / D Hornet fighters to Prince Sultan Air Base in central Saudi Arabia to bolster the continued presence. of the United States Central Command (CENTCOM) in the country. The arrival of the United States …

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Will the European energy crisis put the climate on hold?

Will the European energy crisis put the climate on hold? Gazprom’s gas flows to Europe in December hit their lowest point of the month in at least six years, with supplies up 12% mthn but down 19% yoy. Gazprom’s monthly exports – Europe Since September, Gazprom has significantly reduced its …

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Putin: new pipeline to Germany could help cut prices

MOSCOW (AP) – Russian President Vladimir Putin said on Wednesday that a new gas pipeline to Germany was completely filled with natural gas, noting that it could help quickly reduce soaring energy prices in Europe. The $ 11 billion Nord Stream 2 pipeline is currently awaiting approval from Germany and …

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Europe’s missteps fuel gas prices, Russia says as fuel flows east

A view shows the gas wells of the Bovanenkovo ​​gas field owned by Gazprom on the arctic peninsula of Yamal, Russia, May 21, 2019. REUTERS / Maxim Shemetov Register now for FREE and unlimited access to Reuters.com Register The price of gas in Europe hit a record high this week, …

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Putin on NATO, Ukraine, gas, COVID and the Russian economy

Russian President Vladimir Putin attends his annual year-end press conference in Moscow, Russia on December 23, 2021. REUTERS / Evgenia Novozhenina Register now for FREE and unlimited access to Reuters.com Register MOSCOW, December 23 (Reuters) – Russian President Vladimir Putin gave his annual press conference on Thursday. Read more Putin …

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PIF-backed Roshn and NHC sign pact to develop housing communities in Saudi Arabia

Roshn, Saudi Arabia’s largest developer owned by the kingdom’s Public Investment Fund, and the National Housing Company have signed a preliminary agreement to jointly build residential communities to meet the growing demand for housing in the country. The agreement forges a “lasting and pivotal relationship between the two companies … …

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Gazprom CEO Neft says he is “suspicious” of overheating oil market in 2022

Russian group Gazprom Neft has been working to increase its unused production capacity to bring additional barrels to the oil market in 2022, as the possibility of the market overheating remained, CEO Alexander Dyukov said on December 17. . Crude prices rebounded slightly on December 16 after fears about the …

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Investors see peak demand happening much further into the future

The recovery in economies this year has led to a robust rebound in demand for oil, refuting some projections since the start of the pandemic in 2020 that the world has already experienced a peak in demand for oil. Despite fears over new variants, such as Delta and lately Omicron, …

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ARAMCO and GAUSSIN sign a partnership to join forces in the hydrogen vehicle sector

Gaussin aims to establish a modern manufacturing plant for hydrogen vehicles “Made in Saudi Arabia” Aramco sponsors the first hydrogen-powered truck to participate in the Dakar rally, during the January 2022 Dakar rally in Saudi Arabia DHAHRAN, Saudi Arabia & HERICOURT, France, December 06, 2021– (COMMERCIAL THREAD) – ARAMCO, one …

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Natural gas bulls hit hard by warm weather reports

U.S. natural gas futures were down for the fourth session on Thursday, quickly falling into a bear market as bullish bets evaporate in warmer weather. Sentiment in the US natgas markets looks a lot like 2018/19 when the so-called “widower” spread widened and then quickly tightened, leading to the explosion …

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OPEC was in decline. Soon he might be more powerful than ever

But with the demand for crude rising as the impact of the pandemic wears off, that no longer appears to be the case. OPEC +, which brings together the Organization of the Petroleum Exporting Countries and allies like Russia, is once again showing dynamism. the group refusal of membership calls …

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Oil-producing countries sell billions of green bonds

It wasn’t that long ago that green investing was associated with a warm moral glow, but it wasn’t the mainstream – not by far. However, growing climate awareness, growing policy change, and investors demanding environmentally and socially conscious options are transforming this, and while this is still not mainstream, it …

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No “competition” between Saudi Arabia and United Arab Emirates: senior Mubadala official

RIYAD: “Buy now, pay later” is gaining popularity in Saudi Arabia as the country’s young population embraces new personal finance ideas, according to a senior executive at the Dubai-based tabby shopping platform. Speaking to Arab News, the company’s managing director for the Kingdom, Abdulaziz Saja, said a traditional mistrust of …

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Our fight against climate change begins with the export of American natural gas to replace coal

GLASGOW, SCOTLAND – NOVEMBER 02: US President Joe Biden speaks during action on forests and land … [+] Use the event on day three of COP26 on November 2, 2021 in Glasgow, Scotland. 2021 will see the 26th United Nations Climate Change Conference. The conference will run from October 31 …

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The contours of Russia’s energy exports are defensible | Seen

OPEC and Russia last week stood up to the Biden administration’s efforts to curb rising oil production from the world’s largest producers in the face of rising global energy prices. Russian hawks have cried foul, drawing parallels with gas exports from Russia, where it is argued that the Kremlin is …

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Lawmakers criticize EU support for fossil gas projects undermining Green Deal – EURACTIV.com

Energy projects incompatible with Europe’s climate goals are about to be granted priority status by the European Commission, EU lawmakers warned on Thursday (November 11th). Their concern came in response to the EU’s draft list of cross-border energy infrastructure – known as projects of common interest (PCI) – which the …

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When it comes to transmission, and greater authority from FERC in general, be careful what you want

The following is an article written by Michael McKenna, president of MWR Strategies, who advises utilities, traders and transportation companies. McKenna previously served as Deputy Director of the White House Office of Legislative Affairs under Donald Trump and advised the President on energy, environmental and other matters. While some in …

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Updates from COP26 as the climate summit enters its second week in Glasgow

Our blog closes for the day, see you tomorrow As former US President Barack Obama continues to address delegates to the COP26 summit, our live blog ends for today. See you tomorrow and thank you for following our updates. – Holly ellyatt 9:15 am: Former US President Obama Says “Time …

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Rising oil price could affect debate over Alaska’s long-term budget

Representative Dan Ortiz, I-Ketchikan, speaks at a House sitting in Juneau in March 2019. Ortiz said on Tuesday that improving the state’s revenue forecast will likely reduce support for the new taxes. (Photo by Skip Gray / 360 North) Ketchikan’s independent representative, Dan Ortiz, considered a proposal that would rewrite …

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Putin’s order to pump gas to Europe drives prices down

MOSCOW – European gas prices fell on Thursday after Russian President Vladimir Putin asked the country’s main natural gas company to pump more gas into EU storage sites. Gas prices in Europe have skyrocketed in recent weeks amid strong demand in Asia, driven by the economic recovery from the pandemic …

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Saudi Arabia Facilities Management Markets, 2016-2020 and 2021-2026 – Increase in Public Spending in Tourism Sector and Construction Activities

DUBLIN, October 27, 2021– (COMMERCIAL THREAD)–The “Saudi Arabia Facilities Management Market Research Report: Forecast (2021-2026)” report was added to ResearchAndMarkets.com offer. Saudi Arabia Facilities Management Market Expected To Grow At A CAGR Of Around 15% In The Period 2021-26F The growth of the market is accredited to propel investments in …

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Peak oil demand forecasts turn sour as demand continues to grow

In the minds of many news consumers, oil is disappearing. Coal too. Gas too, although this can stay on for a bit longer. After all, we are entering a new era of clean energy, and while it will take some time to get there, it is our only option for …

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Turkmen leader and Russian leader Lukoil discuss energy projects

Turkmen President Gurbanguly Berdimuhamedow expressed his country’s willingness to strengthen the partnership with Russia in the field of oil and gas in the Caspian Sea. “Turkmenistan attaches particular importance to the digitization of the oil and gas sector, the introduction of innovative environmentally friendly technologies, as well as the latest …

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Indian state refiners consider joint crude purchases as soaring prices bite

Strong points IOC, BPCL, HPCL are the main state-run refiners in India The key challenge of pricing such long-term transactions: Platts Analytics HPCL rough runs reach 100% capacity as demand increases Indian state refiners, bitten by soaring crude prices, are working on a plan to jointly negotiate forward crude import …

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Public Joint Stock Gazprom: Balkan Stream countries hope to avoid worst of international gas crisis

As the debate rages on Nord Stream 2 gas pipeline, a separate gas pipeline system transporting Russian gas to South Eastern Europe has quietly opened up in recent years, and now allows countries along its route to avoid the worst of the energy crisis. As North Steam and Nord Stream …

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EU chief says key to energy crisis is pushing Green Deal

On Wednesday, the senior European Union official urged the 27 member countries to wean themselves off natural gas not only to accelerate the transition to clean energy, but also to make the bloc a more independent player in the world. On the eve of an EU summit focused on the …

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Oil stays close to multi-year highs as energy crisis continues

A Bank of America report warned that achieving net zero would cost the global economy $ 5,000 billion annually over the next 30 years. On the eve of the UN’s COP26 environmental conference in Scotland this month, where countries that signed the 2015 Paris Agreement to reduce carbon emissions will …

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Natural gas futures drop below $ 5 as mild weather prevails through early November

Natural gas futures extended their losses on Monday as cold weather remained largely absent from long-term forecasts. Despite rising global prices, the November Nymex gas futures contract plunged 42.1 cents to settle at $ 4.989 / MMBtu. December fell 36.4 cents to $ 5.236. In one look : Weather models …

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Europe Gas: mixed prices before transit auctions, milder temperatures

Wholesale gas prices in Europe were mixed on Friday morning, with Dutch auctions for the coming month rising slightly from transit auctions next week, but fast UK prices fell due to oversupply and milder temperatures. * The Dutch wholesale gas price for November rose 2.49 euros to 100.00 euros per …

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bne IntelliNews – bneGREEN: Russia will become carbon neutral by 2060

Russian President Vladimir Putin set the goal of carbon neutrality by 2060 during comments in his speech to the Russian Energy Week plenary on October 13. “In practice, Russia will strive to achieve carbon neutrality in its economy,” he told delegates. “And we set a benchmark for this – no …

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What a global energy crisis means for North American stocks

Imagine that a few years ago, in early 2014, Vladimir Putin threw a coin into a wishing well and demanded a more favorable market for Russian oil and gas, their main source of foreign exchange. Just seven years ago, after the Russian invasion and takeover of Crimea, the country was …

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Saudi Arabia’s quota policy for hiring local people has negatively impacted businesses, study finds

Aerial view of Saudi Arabia | Simon Dawson | Bloomberg Text size: A- A + NOTNationalization policies, and in particular Nitaqat, aim to increase Saudi employment in the private sector, which Saudi citizens have always avoided seeking or seeking better paying jobs with better working conditions in the public sector. …

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Worley wins refinery modernization project with Saudi Aramco

Engineering services giant Worley (ASX: WOR) has been awarded a refinery modernization contract with Saudi Aramco. The project will convert low-value refinery “tailings” into higher-value products, including gasoline, jet fuel and ultra-low sulfur diesel. Worley will provide initial engineering design (pre-FEED), FEED and project management services for the entire project …

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Moldova asks consumers to reduce gas consumption due to supply shortage

LONDON (ICIS) – The incumbent gas operator in Moldova has asked large industrial consumers to reduce their consumption, because the gas that Russian Gazprom has contractually committed to deliver will only meet 67% of the required demand for October. Moldovagaz has called on dual-fuel consumers to switch to oil as …

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Like it or not, with Nord Stream 2, Putin has his foot on the gas Europe so badly needs | Energy industry

ANear years of debate in Germany and beyond, Russian state-backed energy giant Gazprom confirmed last month that it had completed construction of Nord Stream 2, a 760-mile pipeline with the potential to send 55 billion cubic meters of gas under the Baltic Sea to Germany. every year. Russia is already …

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Putin’s announcement on increasing gas deliveries to the EU gesture of cooperation: Expert

ANI | Update: 09 Oct 2021 2:00 PM STI Moscow [Russia], October 9 (ANI / Sputnik): Russian President Vladimir Putin’s statement that energy giant Gazprom could increase Europe’s gas supply is a move to promote international energy cooperation for the benefit of all, Paul Adam Isbell, professor of political economy …

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Kimberley hydraulic fracturing project’s exemption from gas export ban raises concerns at Conservation Council

A hydraulic fracturing project in Kimberley, Wash., Received only the second exemption from the state’s gas export ban. Key points: Bennett Resources wants to develop hydraulic fracturing project near Fitzroy Crossing There are fears that larger fracking proposals may seek to export gas WA government says there will be benefits …

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Gazprom cuts gas to EU via Belarus by 70%

Russian company Gazprom continues to cut gas supplies to Europe via Belarus, potentially exacerbating tense market conditions. Exports to the EU via Belarus fell from 112 million cubic meters (mcm) on September 26 to just 30 million cubic meters on Sunday October 3, according to the latest data from Gazprom. …

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Southwest Gas Holdings to Acquire Questar Pipeline from Dominion Energy

The acquisition diversifies the composition of the profits and strengthens the financial profile of the company Expands the regulated business of Southwest Gas Holdings with strong cash-generating assets The transaction is expected to have a positive impact on earnings per share in 2022 LAS VEGAS, October 5, 2021 / PRNewswire …

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Gazprom Neft (MCX: SIBN) surges 4.0% this week, although earnings growth still falls short of five-year shareholder returns

When you buy a stock, there is always a chance that it will drop by 100%. But on the bright side, you can earn well over 100% with a really good stock. A good example is Gazprom Neft public joint stock company (MCX: SIBN) which has seen its share price …

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Oil major ready to make profit in Permian

Euro majors have scaled back their traditional high carbon portfolios to evolve their product line to meet the low carbon climate targets of the Paris Agreement. This is driven by a combination of internal conviction at the management level, investor repulsion for the “damage” that hydrocarbons are doing to the …

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Russia sees gas exports increase this year amid energy crisis

Russia predicts Gazprom PJSC’s gas supplies in key markets including Europe, Turkey and China to reach 197.3 billion cubic meters this year as global energy markets grapple with the worst supply crisis in decades. The figure, which is 10% higher than last year, is also slightly higher than Gazprom’s own …

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Ukraine demands sanctions on Russian Gazprom after Kiev loses gas imports

An engineer checks the gas distribution system at Beregdaroc, one of several Russian gas entry points into the European Union, on February 10, 2015. REUTERS / Laszlo Balogh Russian-Hungarian deal deprives Kiev of revenue and gas Kiev wants sanctions against Gazprom Kremlin says criticism is politicized Said that Gazprom fulfills …

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Rising U.S. bond yields and lower oil price September stock gains

The rise in US bond yields and the surge in the price of Brent crude eroded the gains made by the markets in September. After rising 5%, the Sensex ended the month with a gain of just 2.7%. On Thursday, the index fell for the third day in a row …

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RPT: ANALYSIS – EU gives no valid argument to oppose Hungary’s decision to import Russian gas

BRUSSELS (UrduPoint News / Spoutnik – September 30, 2021) The European Union has expressed concerns over Hungary’s contract with Russian Gazprom for the supply of gas, transported via Serbia and Austria, but Brussels no There is absolutely no valid reason to oppose the deal despite Ukraine’s displeasure, experts said Sputnik. …

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Enbridge’s long-delayed Line 3 pipeline project to start October 1

CALGARY, Alta., Sept. 29 (Reuters) – Enbridge Inc (ENB.TO) announced on Wednesday that its Line 3 pipeline replacement project will begin operation on Oct. 1, the first successful major expansion of export capacity from Canadian crude in six years, removing obstacles that other projects have not been able to overcome. …

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Conditions for connecting consumers to gas in 156 localities created by Gazprom since the start of 2021

September 29, 2021, 09:40 Gazprom’s board of directors took note of the information on the implementation of a socially oriented and profitable system of gas infrastructure expansion and gas supply to meet the needs of the population. It was noted that the expansion of gas infrastructure is Gazprom’s most socially …

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Morrow Sodali Appoints Corporate Governance Expert Oleg Skvyrkov to Promote Services in Russia and CIS Countries

LONDON–(COMMERCIAL THREAD) – Morrow Sodali, the world’s leading investor engagement and governance consultancy, today announced the appointment of Oleg Shvyrkov as Director, Russia and Commonwealth of Independent States (CIS). Based in Moscow, Dr Shvyrkov will primarily focus on providing a wide range of ESG and shareholder engagement services to Russian …

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Aramco installation in Abqaiq added to prestigious WEF Global Lighthouse Network

DHAHRAN, Saudi Arabia, September 28, 2021 / PRNewswire / – The World Economic Forum recognized Aramco’s third facility, Abqaiq, for its pioneering adoption and integration of advanced technologies from the Fourth Industrial Revolution (4IR). The Abqaiq Oil Processing Plant, the world’s largest oil processing plant, joins Aramco’s Uthmaniyah Gas Plant …

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Spiecapag makes its mark in Australian pipeline history

In 2023, Spiecapag celebrates 100 years of pipeline heritage, and this year the company celebrated the first of the projects it has worked on in the 40 years since it has dug, blasted and horizontally drilled pipelines in Australia. The Australian Pipeliner spoke with Spiecapag Managing Director John Walsh to …

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Column: Oil prices soar with little help from hedge funds: Kemp

Oil storage containers are seen, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles, California, United States, April 7, 2021. REUTERS / Lucy Nicholson LONDON, Sept. 27 (Reuters) – The prolonged disruption of oil production in the Gulf of Mexico and mounting signs of a global energy shortage have not …

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Column: Global energy shortage manifests itself in soaring coal, gas and oil prices: Kemp

The sun sets behind power lines near the town of Sachkhere, some 200 km (124 miles) northwest of Tbilisi, September 13, 2013. REUTERS / David Mdzinarishvili / File Photo LONDON, Sep 24 (Reuters) – Record gas and electricity prices in Europe, record coal prices in China, gas prices at multi-year …

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Carbon dioxide pipelines may be pitted in Nebraska, Iowa

OMAHA, Neb. (AP) – Companies building pipelines to capture carbon dioxide produced by ethanol plants and transport it in liquid form under high pressure to permanent deep storage may face opposition from farmers and groups environmental issues in Nebraska and Iowa. One of the companies, Summit Carbon Solutions, has already …

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PSO chief aims for 50% market share in gasoline, soon diesel – Reuters

KARACHI: Pakistan State Oil (PSO) Managing Director Syed Taha said he is actively trying to refocus the company’s sales efforts on the retail segment. In a recent interview with Dawn, Mr Taha said the company’s focus had previously moved away from retailing which he described as the “bread and butter” …

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Gazprom Neft sees technical synergies with Abu Dhabi gas program

Gazprom Neft, the oil and gas exploration arm of Russian gas company Gazprom, expects oil prices to average $ 50 a barrel. The company also sees possible opportunities in sharing its technical expertise in developing the UAE’s gas reserves, its deputy managing director said. “When we talk about our strategic …

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American shale is finally ready to drill

American shale producers have performed in an exemplary fashion over the past year. It was not something the industry wanted to do. It’s something it was forced to do by the pandemic and by its shareholders, who, after years of waiting for bargains, have put their foot down and demanded …

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Russia develops extended-use under-ice aquatic drone

Lazurit’s central design office in Russia has partnered with defense company Almaz-Antey to develop an unmanned submarine vessel (UUV) capable of operating under ice for up to three months, TASS revealed. According to Interfax, a prototype of the Sarna drone under development will be ready this year, while serial production …

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Hungary expects Gazprom CEO to arrive on September 27 to sign …

(MENAFN- Trend News Agency) Hungarian authorities expect Gazprom CEO Alexei Miller to visit the country on September 27 to sign the long-term gas supply contract, the Hungarian minister said of Foreign Affairs Peter Szijjarto in an interview with TASS, Trend reports. “I am happy to announce that next Monday CEO …

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Local gas supply from indigenous sources is running out quickly: NA said

ISLAMABAD, September 22 (APP): Energy Minister Hammad Azhar on Wednesday informed the National Assembly that gas supplies from indigenous sources are running out quickly and that over the past fiscal year an average of approximately 900 MMCFD was available for Sui Northern Gas Pipelines Limited. (SNGPL) whereas currently it was …

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Two industries hit by high oil and natural gas prices

A cross-section of Wall Street experts played down the recent surge in oil prices, saying it is unlikely to harm the global recovery. One indicator that supports this claim is the oil load, or the cost of oil as a proportion of gross domestic product. According to Morgan Stanley, the …

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Top Tory insists UK to avoid energy emergency this winter as gas prices skyrocket

It comes amid ongoing supply chain issues, with Covid and Brexit accused of reporting empty shelves in the UK Business Secretary Kwasi Kwarteng said Britain would not be affected by an energy emergency ( Image: Getty Images) Britain will not run out of energy this winter despite growing concerns about …

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Why some see Russia’s hand in the gas price crisis in Europe

Natural Gas Updates Sign up for myFT Daily Digest to be the first to know about natural gas news. Russia’s position as a reliable gas supplier to Europe is at stake. Record prices in the UK and mainland Europe have drawn attention to declining natural gas supplies from Russia this …

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UGI Partners with California Bioenergy and Sevana Bioenergy to Develop RNG Dairy Digestor Projects in South Dakota via MBL Bioenergy

DALLAS – (COMMERCIAL THREAD) – MBL Bioenergy, LLC (“MBL Bioenergy”) announced today that it has entered into definitive agreements to develop several groups of dairy farm digesters projects to produce renewable natural gas (“RNG”) at from several farms in South Dakota. MBL Bioenergy is a joint venture funded by UGI …

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Two decades after 9/11, Saudi Arabia wants a softer image, Middle East News & Top Stories

RIYAD (AFP) – Two decades after Saudi activists organized and carried out the 9/11 attacks, the desert kingdom is striving for change as part of a reform campaign to update its ultra-conservative image . Women can drive, and cinemas have reopened in the “new” Saudi Arabia under Crown Prince and …

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PSO receivables rise to Rs262b

ISLAMABAD: Despite large profits in the past fiscal year, Pakistan State Oil (PSO) continues to face the challenge of circular debt due to customers’ inability to pay their bills on time. Recently, the company announced its highest-ever after-tax profit of Rs 29.1 billion for fiscal year 2020-2021. Even if he …

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Oil-rich nations face increasing pressure to go green

Governments of long-established oil-rich countries around the world are being criticized for their decisions about oil and gas versus renewable alternatives. The once coveted natural resource is now a matter of great contention. But how will the oil industry fare over the next few decades as governments strive to be …

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PLL “Caused Rs 25 Billion Loss” in LNG Imports

ISLAMABAD: The government has suffered a loss of more than Rs 25 billion due to the failure of state-owned Pakistan LNG Limited (PLL) to make timely arrangements for the importation of the goods, the merchandise said on Wednesday. Public Accounts Committee (PAC). In recent months, the PLL had canceled cargoes …

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The market for sustainable aviation fuels could see a big movement

The “Worldwide Sustainable Aviation Fuels – Market Development Scenario” study has been added to the HTF MI database. The study covers an in-depth overview, product description, industry scope and elaborates the market outlook and growth status till 2027. At present, the market expands its presence as a result the current …

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