Moldova names new Energy Minister
Dorin Dzungietu, a gas industry expert from Moldova, was appointed as the country's new Energy Minister by President Maia Sandu on Wednesday morning. He was sworn into office at the Presidential Office.
Experts say that Russia is struggling to meet its LNG targets
Experts said that due to the international sanctions, Russia's LNG exports will probably not reach 67 million tons by 2030. This is far below its target of 100 million tons. Russia is focusing on developing…
EU May Need 350 additional LNG Cargoes
Helge Haugane, head of Equinor's gas and power trading, told Bloomberg News that the European Union could need up to 350 additional cargoes this year of liquefied gas (LNG).Haugane stated that in the worst case scenario…
Bloomberg News reports that Equinor believes EU may require 350 additional LNG cargoes in order to replenish reserves.
Helge Haugane, head of Equinor's gas and power trading, told Bloomberg News that the European Union could need up to 350 additional cargoes this year of liquefied gas (LNG). Haugane stated that in the worst case scenario…
Equinor Q4 profit beats forecast, raises 2030 oil output target
Equinor reported slightly higher profits than expected for the final quarter in 2024. It also increased its oil and natural gas production forecast, and scaled back plans to expand renewable energy capacity.
Gas funded by the EU brings light back to a separatist region in Moldova
On Monday, authorities in Moldova's separatist Transdniestria began heating apartments during winter conditions after a month-long power cut. The European Union funded the resumption of natural gas flows.
Data shows that Russia's LNG exports in January fell by 5%.
LSEG's preliminary data on Monday showed that Russia's LNG exports in January were down 5% compared to a year ago, at 2.75 million metric tonnes. Exports of LNG were down by 10% compared to December. Due to U.S.
Moldova will ship the first 3 mcm gas to breakaway regions on Saturday, says company
A Moldovan official in the industry said that the country will be sending 3 million cubic meters (mcms) of gas on Saturday to its separatist Transdniestria. This is the first fuel delivery to the region since the end of December…
Data shows that Russia's gas exported via TurkStream reached a record high in January.
The TurkStream pipeline has allowed Russia to export natural gas via Ukraine at a record-breaking rate of 50 million cubic meters (mcms) per day in this month, according to preliminary calculations released on Friday.
Moldovan PM: EU has provided 30 million euros for Transdniestria gas supply
Moldovan Prime Minster Dorin Recean announced on Monday that the European Union would provide 30 million euro ($31.5million) for the purchase and transportation of natural gas into Transdniestria - the region which has broken away from Moldova.
Interfax reports that Gazprom wants to increase the domestic gas price in Russia.
Interfax reported that Gazprom, the Russian gas giant, was trying to increase prices in order to fund investments. The company's sales abroad have plummeted as European buyers are turning away due to the Ukraine conflict.
Russia's proposed gas pipeline to Iran
The Russian President Vladimir Putin announced on Friday plans to build a pipeline to Iran that will eventually transport up to 55 billion cubic meters (bcms) of gas per year into the West Asian nation.
The US sanctions against Russia have caused a spike in global diesel prices
Analysts and LSEG data indicate that global diesel prices and refinery margins increased following the latest round U.S. sanctions against Russia's oil market on the expectation of tightening supplies. On Jan.
The separatist enclave of Moldova hopes that Russia will soon resume gas supplies
Vadim Krsnoselsky, the leader of Transdniestria, a breakaway region in Moldova, said that it expects to be able to get Russian gas soon, to meet its own needs. This comes after two weeks of crippling power outages.
The separatist enclave of Moldova hopes that Russia will soon resume gas supplies
Vadim Krsnoselsky, the leader of Transdniestria, a breakaway region in Moldova, said that it expects to be able to get Russian gas soon, to meet its own needs. This comes after two weeks of crippling power outages.
Leader of Moldova’s separatist region visits Moscow to discuss gas crisis
Transdniestria, the news agency of Transdniestria, reported that on Tuesday the leader of Moldova’s Transdniestria region has traveled to Moscow to hold talks in order to resolve a crisis resulting from the suspension of Russian Gas deliveries.
Sandu, the leader of Moldova's separatist area, has said that he travelled to Moscow in response to the gas crisis.
Transdniestria's leader has been to Moscow after the Russian gas supply via Ukraine was suspended, said the President of Moldova on Tuesday. Transdniestria is experiencing widespread power outages since January 1…
Lavrov, Russian Foreign Minister, says that Moscow is in touch with Serbia about ownership of NIS oil company
Sergei Lavrov, the Russian Foreign Minister, said that Moscow had been in touch with "Serbian Friends" regarding the fate of Serbian Oil Company NIS. Belgrade is concerned about U.S. sanction because Russia's Gazprom owns a majority stake.
Russia warns that new US energy sanctions could destabilise the global market
The Kremlin announced on Monday that it would take all possible measures to minimize the impact of the latest U.S. sanctions against the Russian energy industry. Dmitry Peskov, Kremlin spokesperson, said…
Data shows that LNG vessels are due to load at sanctioned Russian Terminals and head for Europe and Asia
Shiptracking data revealed on Tuesday that the LNG vessels scheduled to load at two recently sanctioned Russian export facilities are expected to deliver their cargo mainly to Europe, but also to Asia. The U.S.
