Found: 138

Current Situation: The USA Aims to Capture up to 70% of the European Energy Market

... the Government of the Russian Federation, executing a plan to procure $250 billion worth of energy resources from the U.S. annually, while keeping prices the same, will be challenging. “This is highly unlikely, as such rapid growth in U.S. oil and gas production and exports is not feasible. For instance, the U.S. Energy Information Administration (EIA) forecasts that domestic oil production will increase by only 400,000 barrels per day this year to 13.61 million, and reach 13.76 million barrels by 2026. This growth ...

Energy Sector News, Sunday, July 27, 2025: Brent at around $70, Record Gas Reserves, Fuel Price Stabilization

On July 27, 2025, the energy sector faces a myriad of challenges and opportunities. Recent days have seen a notable change in oil prices, which have risen amidst instability in the global economy. Gasoline exports are also showing positive momentum, benefiting refineries. Special attention is drawn to gas reserves, which remain at a high level, but the threat of reduced electricity consumption raises concerns about the future. This article will explore current trends in the energy sector and their impact on prices and demand for key fuel types. Energy ...

Energy News August 7, 2025: U.S. Pressures India, Petroleum Export, Oil Stabilization

... Fuel Association, the average retail price of AI-92 gasoline in Moscow reached around 59 rubles per liter at the beginning of August, while AI-95 was about 65 rubles/l, which is noticeably above the levels seen at the start of the year. Despite the export ban, fuel prices at gas stations are gradually increasing, although the rate of growth has slowed compared to peaks in June. To stabilize the situation, the government is also utilizing budgetary mechanisms. In particular, oil refineries (refineries) are receiving compensations ...

Why do Turkey and Russia need their own gas hub

... the development of Sakarya, Turkey could not only replace LNG imports but also become a significant gas supplier to Southern Europe. Much will depend on the development path for the field’s infrastructure: whether it will involve building underwater export gas pipelines or expanding LNG liquefaction capacities. In the latter case, Turkish gas will be available not only for the European but also the global market,” Tereshkin concludes. Translated using ChatGPT. Source: https://vz.ru/economy/2024/11/2/1295757....

Energy Sector News August 6, 2025: US Pressure on India, Petroleum Product Exports and Energy Trends

... are considering mechanisms to stimulate fuel sales domestically (such as raising trading norms on the exchange) and other measures to prevent shortages at gas stations. For Russian fuel companies , the temporary ban means they need to flexibly manage export and processing flows, adjusting logistics in favor of the domestic market. Gas Market: Europe Accumulates Reserves, Transit Restructured European countries are actively preparing for the upcoming heating season by increasing gas reserves. As of early August, underground gas storage facilities (UGS) in the EU are filled to approximately ...